Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    106 Administration Rd Oak Ridge, TN 37830

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office space in prime Oak Ridge location for sale.

    Property size:
    11,136 SF

    Property Features for 106 Administration Rd

    General Information

    Size
    11,136 SF

    We can help!

    Listing Contact
    Michelle Gibbs
    Michelle Gibbs
    Source: Naiglobal

    Listing Agent: Michelle Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Oak Ridge Office Space Available

    This is an office space available for sale, situated in a prime location off Oak Ridge Turnpike in Oak Ridge. The property offers 11,136 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Munsey Pharmacy Pharmacy Muncys Pharmacy Pharmacy SaVida Health Oak ... Addiction Treatment Center Emory Park Boutique Boutique

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.239349
    Latitude
    36.0252

    Nearby Similar for Sale

    • New
      $315,000
      1,425 SF

      Oak Ridge Duplex Investment Opportunity

      Duplex in Oak Ridge with strong rental income potential.
      558/560 W Outer Dr, Oak Ridge, TN 37830
      View Details
    • New
      $315,000
      1,425 SF

      Oak Ridge Duplex Investment Opportunity

      Well-maintained duplex in Oak Ridge with tenant in place.
      617 W Outer Dr, Oak Ridge, TN 37830
      View Details
    • New
      $289,000
      1,225 SF

      Oak Ridge Income-Producing Duplex

      Income-generating duplex with two 2-bedroom units in Oak Ridge.
      100/102 Howard Ln, Oak Ridge, TN 37830
      View Details
    • $359,000
      2,119 SF

      Updated Duplex in Oak Ridge

      Updated duplex with steady rental income and separate utilities.
      380 W Outer Dr, Oak Ridge, TN 37830
      View Details
    • $2,450,000
      Pending

      Sneedville Office/Retail/Medical Building For Sale

      Office, medical, or retail building with parking in Sneedville, TN.
      115 Broadway Ave, Oak Ridge, TN 37830
      View Details
    • $1,400,000
      15,541 SF

      Oak Ridge Office Building Opportunity

      Security-enhanced 15,541 SF office building near Y-12 Complex.
      122-132 Jefferson Ct, Oak Ridge, TN 37830
      View Details
    • $7,200,000
      114,080 SF

      Versatile Industrial Campus with Cranes

      Multi-building industrial property with varied features, cranes, and ample space.
      115 Franklin Rd, Oak Ridge, TN 37830
      View Details
    • $1,285,000

      Vacant Medical Office Building For Sale

      Two-story, 9,744 SF medical office building in Oak Ridge, TN.
      145 E Vance Rd, Oak Ridge, TN 37830
      View Details
    • Contact for pricing
      1,600 SF

      Retail Space in Oak Ridge

      New retail space in high-traffic Oak Ridge retail corridor.
      852 Main St, Oak Ridge, TN 37830
      View Details
    • $3,450,000
      14,706 SF

      Oak Ridge Multifamily Investment Portfolio

      Multifamily investment portfolio in Oak Ridge, Tennessee with value-add opportunity.
      140 Tacoma Rd, Oak Ridge, TN 37830
      View Details
    • Contact for pricing
      81,536 SF

      Oak Ridge Retail Opportunity

      Retail spaces available in high-traffic Oak Ridge shopping center.
      Oak Ridge Tpke, Oak Ridge, TN 37830
      View Details
    • Contact for pricing
      16,348 SF

      Upgraded Office Building For Sale

      Modernized office building with recent upgrades and enhanced security features.
      101 E Tennessee Ave, Oak Ridge, TN 37830
      View Details

    FAQs

    What type of property is this?
    Office space - Office space in prime Oak Ridge location for sale.
    Where is this office space located?
    The property is located at 106 Administration Rd Oak Ridge, TN.
    What is the asking price?
    The asking price for this property is $10.
    What are key features of this property?
    This property features: - Prime location right off Oak Ridge Turnpike; - Very nice office space; - Located in Oak Ridge
    (865) 531-6400
    Request Owner's contact information
    106 Administration Rd Oak Ridge, TN 37830
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    106 Administration Rd
    Oak Ridge, TN 37830
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    106 Administration Rd Oak Ridge, TN 37830
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michelle Gibbs
    Michelle Gibbs
    Real Estate License ID: 249165
    (865) 531-6400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.