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Medical Office Building with Vacant Space
For Sale
Contact for pricing
Pending

420 Laboratory Rd, Oak Ridge, TN 37830

Medical and professional office building with an established tenant and approximately 4,000 square feet of additional vacant space.

Property Size11,420 SF
Days on Market181

Property Features for 420 Laboratory Rd

General Information

Standard status Pending
Size 11,420 SF
Property subtype OFFICE
Listing Agency: NAI Koella RM Moore - Knoxville
Listed By: Mary Ellen Kilburn · License #350637
Source: Moodyscre
Added: Jan 31 Changed: Jul 25 Last Checked: Jul 31 at 3:08AM

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

Investment Insights

Based on property information with market context.

This medical and professional office building offers approximately 11,142 square feet of total building area. A substantial portion of the property is occupied by East Tennessee Oral & Maxillofacial Surgery, with approximately 4,000 square feet of additional vacant space available for lease, future buildout, or owner use.

The property is located at 420 Laboratory Rd in Oak Ridge, TN, within an established medical and professional office market.

As an owner-user or investment opportunity, the building combines existing income with the ability to pursue additional rental revenue through lease-up of the remaining space.

Key Highlights

  • Approximately 11,142 SF medical and professional office building in Oak Ridge
  • Current NOI of approximately $104,000 with established medical tenant East Tennessee Oral & Maxillofacial Surgery
  • Includes approximately 4,000 SF of additional vacant space for lease, future buildout, or owner use

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

1,274
Businesses Nearby

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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Frequently Asked Questions

What type of property is this?
Office building - Medical and professional office building with an established tenant and approximately 4,000 square feet of additional vacant space.
Where is this office building 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: Approximately 11,142 SF medical and professional office building in Oak Ridge; Current NOI of approximately $104,000 with established medical tenant East Tennessee Oral & Maxillofacial Surgery; Includes approximately 4,000 SF of additional vacant space for lease, future buildout, or owner use
(865) 567-8515 Call to check price and availability
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