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    Freestanding Retail with Drive-Thru
    Updated: Nov 25, 2024
    Freestanding Retail with Drive-Thru

    1980 Oak Ridge Turnpike, Oak Ridge, TN

    $549,000
    3,200 sqft 0.77 AC lot
    3,200 SF Freestanding Commercial Retail Building with Drive‑Thru
    Excellent Visibility and Road Frontage on Oak Ridge Turnpike
    Located on .69 Acres
    High Traffic Counts: Over 21,000 Average Per Day
    Suitable for Restaurant, Retail, Office, Bank/Credit Union, or Coffee Shop
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    This listing looks promising.

    Here's a quick look at some key insights for

    1980 Oak Ridge Turnpike, Oak Ridge, TN

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $46K
      Annual

    • Mortgage

      $36K
      Recorded

    • Property Type

      Retail Stores
      Built 1969
    View Property Analytics
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 1 Active listings in Oak Ridge, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bank Building with Drive-Thru
    Bank Building with Drive-Thru

    204 E Main Street, Niota, TN 37826

    $274,000
    3,150 sqft 75,112.00 AC lot

    Commercially zoned bank building offering private offices, a walk-in vault, and drive-thru capability with multiple entrances and parking.

    View details
    Former Bank Branch with Drive-Thru
    Former Bank Branch with Drive-Thru

    1 Park St, Athens, TN 37303

    $300,000
    1,692 sqft 0.67 AC lot

    1,692 SF commercial building on 0.67 acres in Athens, TN.

    View details
    Commercial Property with Drive-Thru Lanes
    Commercial Property with Drive-Thru Lanes

    1 Park Street, Athens, TN 37303

    $299,000
    1,692 sqft 0.67 AC lot

    Commercial property featuring ATM and multiple drive-thru lanes.

    View details
    Bank or Retail Building For Sale
    Bank or Retail Building For Sale

    204 E Main Street, Niota, TN 37826

    $274,000

    For sale bank/retail property in McMinn County, TN with directions routed via Velma Rd and US-11.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Richmond, KY Out Parcel Land
    Richmond, KY Out Parcel Land

    2072 Merchant Drive, Richmond, KY 40475

    $1,400,000
    1.71 AC lot

    1.71 acre outparcel ideal for retail, restaurant, or office.

    View details
    Commercial Land in Terrytown
    Commercial Land in Terrytown

    121 Holmes Boulevard, Terrytown, LA 70056

    $65,000

    Vacant commercial land ready for development in Terrytown, Louisiana.

    View details
    Hard-Lighted Corner Development Site
    Hard-Lighted Corner Development Site

    -- Highway 412, E Kenwood, Siloam Springs, AR 72761

    $735,000
    8,252 sqft 1.47 AC lot

    Entitled, turn-key development parcel with hard-lighted corner and highway frontage off Hwy 412 for multiple commercial uses.

    View details
    Cape Coral Commercial Land Opportunity
    Cape Coral Commercial Land Opportunity

    Del Prado Blvd N & De Navarra Pkwy, Cape Coral, FL 33909

    $1,692,300
    2.59 AC lot

    Corner property near US 41, approved for development.

    View details

    Off-Market Properties in Oak Ridge, TN

    Consider similar Off-Market properties in Oak Ridge, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1298 Oak Rdg Tpke
    FINANCIAL BUILDING

    1298 Oak Rdg Tpke, Oak Ridge, TN 37830-6443

    $1,750,000
    Estimated value
    8,457 sqft 0.45 AC lot
    View details
    795 Main W St
    FINANCIAL BUILDING

    795 Main W St, Oak Ridge, TN 37830-6750

    $1,575,000
    Estimated value
    20,400 sqft 1.30 AC lot
    View details
    9133 Oak Rdg Hwy
    FINANCIAL BUILDING

    9133 Oak Rdg Hwy, Oak Ridge, TN 37830-3502

    Value Estimation by Request
    3,880 sqft
    View details
    1188 Oak Rdg Tpke
    FINANCIAL BUILDING

    1188 Oak Rdg Tpke, Oak Ridge, TN 37830-6441

    Value Estimation by Request
    7,759 sqft 0.90 AC lot
    View details
    1125 Oak Rdg Tpke
    FINANCIAL BUILDING

    1125 Oak Rdg Tpke, Oak Ridge, TN 37830-6442

    Value Estimation by Request
    5,424 sqft 0.81 AC lot
    View details
    101 Rutgers Ave
    FINANCIAL BUILDING

    101 Rutgers Ave, Oak Ridge, TN 37830-6412

    Value Estimation by Request
    16,316 sqft 1.73 AC lot
    View details
    Rutgers Ave
    FINANCIAL BUILDING

    Rutgers Ave, Oak Ridge, TN 37830

    Value Estimation by Request
    5,270 sqft 6.09 AC lot
    View details
    Raccoon Rd
    FINANCIAL BUILDING

    Raccoon Rd, Oak Ridge, TN 37830

    $1,520,000
    Estimated value
    42,065 sqft 4.17 AC lot
    View details
    900 Oak Rdg Tpke
    FINANCIAL BUILDING

    900 Oak Rdg Tpke, Oak Ridge, TN 37830-6917

    Value Estimation by Request
    3,025 sqft 0.59 AC lot
    View details
    401 Illinois Ave
    FINANCIAL BUILDING

    401 Illinois Ave, Oak Ridge, TN 37830-7510

    $835,000
    Estimated value
    16,520 sqft 3.94 AC lot
    View details

    Oak Ridge, TN Banks Market Trends and Statistics

    Explore 11 banks for sale in Oak Ridge, TN on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $549,000.

    Sale prices for bank buildings in Oak Ridge, TN start at $549,000, averaging $549,000, and reaching up to $549,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 4
    Storefront properties 2
    Banks 1
    Showrooms 1

    Demographics Overview

    Population 33K
    Population Growth (5Y) +10.4%
    Median Household Income $70,795
    College Educated 28.4%

    Taxes & Financing

    Tax Rate (average for all types) 1.55%
    Property Tax per SF $7.62 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Anderson County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Anderson County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Oak Ridge fall within the 25,000 to 50,000 square foot range.

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