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Oak Ridge Medical/Office Property
For Sale
Contact for pricing
Pending

420 Laboratory Rd, Oak Ridge, TN 37830

Investment or owner-user opportunity in a growing market.

Property Size11,140 SF
Days on Market200

Property Features for 420 Laboratory Rd

General Information

Standard status Pending
Size 11,140 SF
Class B
Property subtype Office
Zoning O-2
Occupancy 65%
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1995
Buildings 2
Stories 2
Tenancy Multi
Listing Agency: NAI Koella | RM Moore
Listed By: Mary Ellen Kilburn · License #TN 350637
Source: Crexi
Added: Feb 3 Changed: Aug 8 Last Checked: Aug 3 at 5:51AM

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

Investment Insights

Based on property information with market context.

This medical/office property is located in the expanding Oak Ridge commercial real estate market. The building provides a total of 11,142 square feet of functional space. A portion of the building is occupied by East Tennessee Oral & Maxillofacial Surgery. Approximately 4,000 square feet of office space is currently vacant for lease or owner use, offering income potential or the opportunity for the buyer to occupy the space. This property is suited for investors seeking a stabilized property with upside potential or owner-users looking to locate their office while benefiting from rental revenue. The location in Oak Ridge is supported by demand for medical and professional office space. This property offers a blend of income stability and growth potential, making it attractive for investors and owner-occupiers.

Key Highlights

  • Strong existing cash flow from established medical tenant.
  • Approximately 4,000 SF of vacant space available for lease or owner‑occupancy, providing immediate upside.
  • Located in Oak Ridge, a dynamic market.

Property Analytics

Current Use

James David Johnson ... Dental Office East Tennessee Oral ... Dental Office East Tennessee Oral ... Dental Office

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Parking Lot & Garage Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,243
Businesses Nearby
Balanced
Demand for This Use

Demographics for 37830, TN

31,839
Population
15,110
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
84.8 sq mi
ZIP Area
375
Density / Sq Mi
$70,795
Median Household Income
$41,293
Median Earnings
$1,076
Median Rent
$234,500
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Jackson Square Animal Clinic 201 W Tyrone Rd, Oak Ridge, TN 37830
  • Dr. David Allen, DVM 201 W Tyrone Rd, Oak Ridge, TN 37830
  • Grace Veterinary Center, Oak Ridge 1030 Oak Ridge Turnpike, Oak Ridge, TN 37830

Frequently Asked Questions

What type of property is this?
Medical Office Space - Investment or owner-user opportunity in a growing market.
Where is this medical office space located?
The property is located at 420 Laboratory Rd Oak Ridge, TN.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Strong existing cash flow from established medical tenant.; Approximately 4,000 SF of vacant space available for lease or owner‑occupancy, providing immediate upside.; Located in Oak Ridge, a dynamic market.
(865) 567-8515 Call to check price and availability
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