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Industrial Machine Shop & Office
For Sale
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9208 & 9210 Oak Ridge Hwy, Oak Ridge, TN 37830

Two adjoining buildings offer office rooms, a kitchen, and warehouse space suited for machine work or auto repair.

Property Size3,844 SF
Lot Size0.50 Acres
Price / SF$101.46
Days on Market146

Property Features for 9208 & 9210 Oak Ridge Hwy

General Information

Standard status Active
Size 3,844 SF
Class C
Lot size 0.50 Acres
Property subtype Retail

Additional Details

Highway Access Yes
Drive-In Doors 1

Building Details

Year Built 1965
Buildings 1
Stories 1
Listing Agency: Wallace Commercial
Listed By: Charles Stallings · License #368338
Source: Crexi
Added: Jun 1 Changed: Oct 7 Last Checked: Oct 23 at 6:06AM

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 Wallace Commercial

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property for sale includes two adjoining parcels with an industrial building previously used for manufacturing machine parts and a manufactured building formerly used as office space and storage. The office portion has six rooms that can be used as offices, along with a kitchen. The warehouse building on one parcel totals 2,248 SF and the manufactured building totals 1,596 SF, with the buildings sitting on separate lots. The site includes additional parking behind the warehouse and a single roll-up door that supports practical loading and access for shop operations.

The property is located at 9208 & 9210 Oak Ridge Hwy in Oak Ridge, Tennessee. It is configured as a combined industrial and office setup across the two parcels, allowing for flexible use of the warehouse and the interior room layout.

This configuration is well matched for tenants or buyers looking for an owner-operator style environment, such as a machine shop or an auto repair shop. The combination of shop-ready warehouse access, dedicated office rooms, and on-site parking can support day-to-day operations, customer-facing work areas, and administrative needs in the same footprint.

Key Highlights

  • Two adjoining parcels with industrial/machine‑work buildings: warehouse and manufactured building
  • Warehouse building (Parcel 076JA025) is 2,248 SF on 0.3 acres with 1 roll‑up door
  • Manufactured building (Parcel 076JA024) is 1,596 SF on 0.2 acres

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,461
Cap Rate
8.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,220 $669.2K
Cap Rate 7%
$478,014 $478.0K
Cap Rate 9%
$371,789 $371.8K
Market Conditions
NOI Build-Up for 3,844 SF
Gross rent
$55.4K $14.40/SF
− Vacancy
−$3.9K −$1.01/SF
EGI
$51.5K $13.39/SF
− OpEx
−$18.0K −$4.69/SF
NOI
$33.5K $8.70/SF
Area
Anderson County, TN
Vacancy
7.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$669,220
Cap Rate 7%
$478,014
Cap Rate 9%
$371,789

Alternative Uses

Best Use
Flex RnD
$478.0K
$418.3K – $557.7K (±1% cap)
NOI $33,461 @ 7.0% cap · market cap 8.58%
Second Best
Warehouse
$476.4K
$416.8K – $555.8K (±1% cap)
NOI $33,347 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$952.1K
$833.1K – $1.11M (±1% cap)
NOI $66,646 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Cafe & Coffee Shop Real Estate Agency Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Two adjoining buildings offer office rooms, a kitchen, and warehouse space suited for machine work or auto repair.
Where is this flex space located?
The property is located at 9208 & 9210 Oak Ridge Hwy Oak Ridge, TN.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two adjoining parcels with industrial/machine‑work buildings: warehouse and manufactured building; Warehouse building (Parcel 076JA025) is 2,248 SF on 0.3 acres with 1 roll‑up door; Manufactured building (Parcel 076JA024) is 1,596 SF on 0.2 acres
(865) 705-3423 Call to check price and availability
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