150 Americus Ave, Oak Ridge, TN
Three-level office building with open floor plans and ample parking.
- Added:
- May 6, 2025
- Days on Market:
- 407
- Last Refresh:
- May 19 at 8:43 pm
Property Features for 150 Americus Ave
General Information
- Standard status
- Active
- Size
- 37,804 SF
- Lot size
- 2.88 Acres
- Property subtype
- OFFICE
Properties For Sale
at 150 Americus Ave Contact us
Listing agent G. Sam Tate, Jr., CCIM License ##207699 (865) 806-6517
Listing office NAI Koella RM Moore - Knoxville (865) 806-6517
Listing date May 6, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Koella RM Moore - Knoxville
HighLights
- Prominent landmark building with excellent visibility from Hwy 58.
- Modern concrete and glass exterior with new windows.
- New chiller and air handlers.
- Ample parking for tenants and visitors.
- Three levels featuring open floor plans.
- Complete remodeling of restrooms is underway.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $793.9k | $21.00 |
| − Vacancy | −$127.0k | −$3.36 |
| EGI | $666.9k | $17.64 |
| − OpEx | −$166.7k | −$4.41 |
| NOI | $500.1k | $13.23 |
Alternative Uses
Current Use by Public Records
Map
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.2805
- Latitude
- 35.9859
