Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    239 Illinois Ave Oak Ridge, TN 37830

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $7,200 /Mo ($52 SF/Yr)

    Class-A retail space for rent in new development.

    Property size:
    1,640 SF
    Lot size:
    2.23 Acres

    Property Features for 239 Illinois Ave

    General Information

    Size
    1,640 SF
    Lot size
    2.23 Acres

    Source: SmartSite Commercial Real Estate Agent Jake Brewer

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

    Overview

    New Retail Space Available

    A 1,640-square-foot retail space is available for rent in a new Class-A retail development. The property is situated at a heavily trafficked and highly visible signalized intersection. Construction is currently underway, with an estimated delivery date in the first quarter of 2024. This space is located in building B.
    Location Intelligence

    Current Use by Public Records

    Tropical smoothie cafe Restaurant

    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
    -84.258802
    Latitude
    36.007115

    Nearby Similar for Lease

    • $35 SF/Yr
      11,070 SF

      Prime Retail/Office Sublease Opportunity

      Sublease opportunity in Oak Ridge with versatile space and ample parking.
      437 S Illinois Ave, Oak Ridge, TN 37830
      View Details
    • $14 SF/Yr
      60,000 SF

      Oak Ridge Office Space Available

      Office spaces near Oak Ridge National Laboratory with flexible layouts.
      710 South Illinois Ave, Oak Ridge, TN 37830
      View Details
    • $14 SF/Yr
      37,804 SF

      Renovated Office Building in Oak Ridge

      Three-level office building with modern renovations and ample parking.
      150 Americus Ave, Oak Ridge, TN 37830
      View Details
    • $395,000
      2,688 SF

      Historic Building Near Medical Center

      Historic 2,688 SF building ideal for medical or retail use.
      908 Oak Ridge Tpke, Oak Ridge, TN 37830
      View Details
    • $18 SF/Yr
      83,772 SF

      Oak Ridge Office Space Available

      Office spaces for lease in Oak Ridge, Tennessee.
      Mitchell Rd, Oak Ridge, TN 37830
      View Details
    • $7 SF/Yr
      114,080 SF

      Oak Ridge Industrial Warehouse

      Five-building industrial complex, 114,080 SF
      115 Franklin Rd, Oak Ridge, TN 37830
      View Details

    FAQs

    What type of property is this?
    Retail space - Class-A retail space for rent in new development.
    Where is this retail space located?
    The property is located at 239 Illinois Ave Oak Ridge, TN.
    What is the lease rate?
    The lease rate is $52 SF/Yr.
    What are key features of this property?
    This property features: - New Class-A retail development; - Construction underway for 1stQ24 delivery; - Heavily trafficked location
    (865) 540-6951
    Request Owner's contact information
    239 Illinois Ave 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.
    239 Illinois Ave
    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 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
    239 Illinois Ave 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
    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.