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    1143 Oak Ridge Tpke Oak Ridge, TN 37830

    Sponsored
    For Sale
    $229,400

    Prime Oak Ridge retail space, owner-user opportunity.

    Property size:
    1,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A commercial condo, located at 1143 Oak Ridge Turnpike, Unit 212, Oak Ridge, TN 37830, presents a rare owner-user opportunity. The 1,480 square foot space is situated in a well-established development anchored by successful national tenants, ensuring high visibility and convenient access. Built in 2006, this two-story building offers a single tenancy unit, ideal for a variety of retail or mixed-use businesses. The asking price is $229,400, translating to $155 per square foot. The property boasts a prime location in Oak Ridge, Tennessee, within Anderson County, and features excellent visibility. The current owner is offering three financing options to facilitate a smooth transition to ownership. Furthermore, the seller is willing to customize the suite to meet the buyer's specific build-out requirements, providing flexibility and adaptability for your business needs. This is an unparalleled chance to own your commercial space in a thriving location, offering both immediate occupancy and long-term growth potential. The property's APN is 001100H A 00500.

    Property Features for 1143 Oak Ridge Tpke

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,480 SF
    Class
    A

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    2

    HighLights

    • $229,400 asking price.
    • 1,480 SF retail/mixed‑use condo.
    • Class A property in Oak Ridge, TN.
    • Single‑tenant occupancy.
    • $155/SF price per square foot.
    • Built in 2006, two‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    5th & Nine CBD/Hemp Health And Beauty Shop The UPS Store Shipping And Mailing Service allintohealthgoal Pharmacy FDPins Jewelry Designer East Tennessee Orthodontics Orthodontist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.2468949
    Latitude
    36.0189444

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Oak Ridge retail space, owner-user opportunity.
    Where is this mixed-use property located?
    The property is located at 1143 Oak Ridge Tpke Oak Ridge, TN.
    What is the asking price?
    The asking price for this property is $229,400.
    What are key features of this property?
    This property features: $229,400 asking price.; 1,480 SF retail/mixed-use condo.; Class A property in Oak Ridge, TN.
    Request Owner's contact information
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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
    1143 Oak Ridge Tpke Oak Ridge, TN 37830
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