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    115 Franklin Rd Oak Ridge, TN 37830

    Sponsored
    For Lease
    $7 SF/Yr

    Five-building industrial complex, 114,080 SF

    Lot size:
    114,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Oak Ridge, Tennessee industrial property offers 114,080 square feet of warehouse space across five buildings situated on a 9.9-acre lot. The property boasts a prime location at 115 Franklin Rd, 37830, with convenient access via Pellissippi Pkwy. The site is 95% paved with heavy asphalt and concrete and is fully fenced. Building 1, the largest at 80,332 square feet, features approximately 13,000 square feet of office space with 12 private offices, a conference room, and a break room. This building also includes 39'6" eaves, 41'4" peak height, multiple cranes (three 5-ton, one 3-ton, one 8-ton, and one 15-ton), and substantial drive-in and airplane hangar doors. It also has 1600 amps and a 10" water line. Building 2 offers 800 square feet with a 2-ton crane and two roll-up doors. Building 3 encompasses 8,414 square feet, featuring a roll-up door, boom cranes, and office space with a bathroom. Building 4, at 21,155 square feet, includes four 5-ton cranes and multiple roll-up doors. This building is sprinklered and has 600 amps. Finally, Building 5 provides 3,379 square feet with two roll-up doors. All buildings feature reinforced concrete floors (6'-10"). The property is zoned IND-1 (Anderson County APN: 100GA012.00) and offers the unique opportunity to lease individual buildings separately. All information is believed to be accurate but should be independently verified.

    Property Features for 115 Franklin Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    114,080 SF
    Total Rate
    71300

    Building Details

    Year Built
    1975
    Buildings
    5

    Unit(s) available at that property

    Space
    Size
    114,080 SF
    Rate per SF
    $7

    HighLights

    • 114,080 SF industrial property on 9.9 acres in Oak Ridge, TN (115 Franklin Rd, 37830).
    • Five buildings totaling 114,080 SF, with individual building leases available.
    • Largest building (80,332 SF) features 13,000 SF of office space, 39'6" eaves, 41'4" peak height, multiple cranes, and substantial drive‑in doors.
    • Property includes heavy asphalt and concrete paving, full fencing, and is zoned IND‑1 (Anderson County APN: 100GA012.00).
    • Buildings feature reinforced concrete floors (6'-10"), roll‑up doors, and various crane capacities.
    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 - Five-building industrial complex, 114,080 SF
    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: 114,080 SF industrial property on 9.9 acres in Oak Ridge, TN (115 Franklin Rd, 37830).; Five buildings totaling 114,080 SF, with individual building leases available.; Largest building (80,332 SF) features 13,000 SF of office space, 39'6" eaves, 41'4" peak height, multiple cranes, and substantial drive-in doors.
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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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