Property profile

1143 Oak Rdg Tpke Oak Ridge, TN 37830

OFF-MARKET
Retail space
Property ID
US80-3229036
1,827 SF 1.64 ac lot Built 2006
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A commercial property, located at 1143 Oak Ridge Turnpike in Anderson County, presents a unique opportunity. The 1,720 square foot space is currently vacant and available for sale or lease. Built in 2006, this two-story building offers a modern and spacious environment with 10-foot ceilings and contemporary finishes. The property boasts a highly desirable location within the Central Park development in Oak Ridge, benefiting from excellent visibility and signage opportunities directly on the Turnpike. The building features 24-hour access, providing ultimate flexibility for tenants. This diverse business environment includes established neighbors such as a law firm, wealth management company, orthodontist, and restaurant, creating a vibrant and synergistic atmosphere. The property's APN is 001100H A 00500. The building consists of one structure with multiple tenancies, and the entire 1,720 square feet is currently available. This is an ideal space for businesses seeking a high-profile location with modern amenities and a strong tenant mix. The property is classified as both retail and office space, offering versatility for a range of potential uses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,827 SF
Lot 1.64 ac (71,438 SF)
APN 001100H A 00500
UPID US80-3229036

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Courier Service Postal Service
  • Pharmacy
  • (Bike/Boat/Book/etc) Store
  • Dental Office

Location

1143 Oak Rdg Tpke Oak Ridge, TN 37830-6530
Oak Ridge metro Census 20100 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$220k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$220k

Owner & transaction history

since 2019
7 recorded transactions
2019
$360,000
2017
Price N/A
2013
$424,800
2012
$423,500
2008
$248,868
2007
$212,586
2007
$337,678

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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