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    Clover Ct Oak Ridge, TN 37830

    For Sale
    $253,050

    7.23 Acres, Industrial/Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 7.23-acre parcel of land presents a unique investment opportunity in Oak Ridge, Tennessee. Located in Commerce Park, this gently sloping property boasts convenient access to major thoroughfares, including Illinois Avenue and Pellissippi Parkway. Its strategic location offers close proximity to key employers such as Oak Ridge National Laboratory, Y-12 Laboratory, and the Spallation Neutron Source, ensuring a strong potential for future development. The property is zoned IND-2, allowing for a variety of industrial and commercial uses. The soil type is clay. The site is serviced by a comprehensive array of utilities, including electricity, water, gas, sewer, storm drain, cable, and broadband access. This prime location provides easy access to West Knoxville and McGhee Tyson Airport via I-140/Pellissippi Parkway, making it an ideal site for businesses seeking a strategic location in a thriving area. The asking price for this exceptional property is $253,050. The address is Clover Ct, Oak Ridge, TN 37830, within Anderson County.

    Property Features for 0 Clover Ct

    General Information

    Property type
    Land
    Lot Size
    314,939 SF

    HighLights

    • IND‑2 Industrial Zoning.
    • Gently sloping topography.
    • Clay soil.
    • Utilities available: electricity, water, gas, sewer, storm drain, cable, and broadband internet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.22294
    Latitude
    35.98803

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    FAQs

    What type of property is this?
    Land - 7.23 Acres, Industrial/Commercial Zoning
    Where is this land located?
    The property is located at Clover Ct Oak Ridge, TN.
    What is the asking price?
    The asking price for this property is $253,050.
    What are key features of this property?
    This property features: IND-2 Industrial Zoning.; Gently sloping topography.; Clay soil.
    Request Owner's contact information
    Clover Ct 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
    Clover Ct Oak Ridge, TN 37830
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