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    150 Americus Ave Oak Ridge, TN 37830

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    For Lease
    $14 SF/Yr

    Three-level office building with modern renovations and ample parking.

    Property size:
    37,804 SF
    Lot size:
    37,804 SF

    Property Features for 150 Americus Ave

    General Information

    Size
    37,804 SF

    Building Details

    Year built
    1980

    Source: Sam Tate, CCIM Agent Sam Tate, CCIM

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

    Overview

    Renovated Office Building in Oak Ridge

    This three-level office building, located within the Heritage Center Business Park, is undergoing extensive renovations, with 90% of the work already completed. The building features open floor plans across all levels, complemented by new HVAC systems and new windows. Each level includes a vault. The ceilings are open to the structure above. The property offers 125 parking spaces, with the potential for additional spaces as a new circular drive around the building is planned. The building boasts a modern concrete and glass exterior. A new chiller and air handlers have been installed. Remodeling of the restrooms is underway, along with renovation of the building elevator. Suspended ceilings have been removed, and the concrete decking has been painted. Energy-efficient LED lighting is to be installed. There is a floor covering allowance for customization. The property is a prominent landmark building at the front of Heritage Center Business Park.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.2856
    Latitude
    35.9676

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    FAQs

    What type of property is this?
    Office building - Three-level office building with modern renovations and ample parking.
    Where is this office building located?
    The property is located at 150 Americus Ave Oak Ridge, TN.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: - Full renovation (90% complete) of a prominent landmark building.; - Open floor plans across three levels.; - New HVAC system (chiller and air handlers) and new windows.
    (865) 806-6517
    Request Owner's contact information
    150 Americus Ave Oak Ridge, TN 37830
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    Oak Ridge, TN 37830
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    Realmo Value Estimation

    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.

    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.

    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
    150 Americus Ave Oak Ridge, TN 37830
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