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    115 Franklin Rd Oak Ridge, TN 37830

    Sponsored
    For Lease
    $7 SF/Yr ($1,971 /Mo)

    3,379 SF Manufacturing/Warehouse Space

    Lot size:
    3,379 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-tenant industrial building, located at 115 Franklin Road in Oak Ridge, TN's Municipal Industrial Park, offers 3,379 square feet of versatile manufacturing or warehouse space. Built in 1975, the property sits on 9.9 acres and features convenient access via two 20' 2" drive-in doors positioned at opposite ends of the building. The building boasts a 20' 2" eave height with a 21' peak, providing ample vertical clearance for storage or operations. With 100 total parking spaces available, this property is well-suited for businesses requiring significant parking for employees or clients. The property is zoned IND-1 and its Anderson County APN is 100GA012.00. This building is one of five available for lease at this location, situated near the rear entrance for easy access and maneuverability. While the provided data is believed to be reliable, potential tenants are strongly encouraged to conduct their own due diligence to verify all information. This exceptional property presents a unique opportunity for businesses seeking a well-located, functional industrial space in a thriving industrial park.

    Property Features for 115 Franklin Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,379 SF
    Total Rate
    1971.08

    Building Details

    Year Built
    1975
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    3,379 SF
    Rate per SF
    $7

    HighLights

    • 3,379 SF industrial building for lease.
    • Single‑tenant occupancy.
    • Located at 115 Franklin Road, Oak Ridge, TN.
    • 9.9 acres of land.
    • Features two 20'2" drive‑in doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wheel Recovery Systems, ... Recycling Center

    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
    -84.2334469
    Latitude
    36.0176893

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    FAQs

    What type of property is this?
    Distribution property - 3,379 SF Manufacturing/Warehouse Space
    Where is this distribution property located?
    The property is located at 115 Franklin Rd Oak Ridge, TN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: 3,379 SF industrial building for lease.; Single-tenant occupancy.; Located at 115 Franklin Road, Oak Ridge, TN.
    Request Owner's contact information
    115 Franklin Rd 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
    115 Franklin Rd Oak Ridge, TN 37830
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