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    1980 Oak Ridge Tpke Oak Ridge, TN 37830

    For Sale
    $549,000

    3,200 SF commercial retail with drive-thru on 0.69 acres.

    Property size:
    3,200 SF
    Lot size:
    0.77 Acres

    Property Features for 1980 Oak Ridge Tpke

    General Information

    Size
    3,200 SF
    Lot size
    0.77 Acres

    Source: Mike Fuller Realty & Company Agent Michael Fuller

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

    Overview

    Freestanding Retail with Drive-Thru

    This is a 3,200 square foot commercial freestanding retail building with a drive-thru. The property, formerly a bank branch, is situated on 0.69 acres and offers visibility and road frontage on Oak Ridge Turnpike. The location is suitable for a restaurant, retail establishment, office, bank or credit union, coffee shop, or other business. Traffic counts average over 21,000 vehicles per day in West Oak Ridge, near a Department of Homeland Security training complex and dense residential areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.28976
    Latitude
    36.003088

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    FAQs

    What type of property is this?
    Bank - 3,200 SF commercial retail with drive-thru on 0.69 acres.
    Where is this bank located?
    The property is located at 1980 Oak Ridge Tpke Oak Ridge, TN.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: - 3,200 SF Freestanding Commercial Retail Building with Drive-Thru; - Excellent Visibility and Road Frontage on Oak Ridge Turnpike; - Located on .69 Acres
    (865) 740-7471
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    1980 Oak Ridge Tpke 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
    1980 Oak Ridge Tpke Oak Ridge, TN 37830
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