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    115 Franklin Rd Oak Ridge, TN 37830

    Sponsored
    For Lease
    $12 SF/Yr ($800 /Mo)

    800 SF Warehouse, Ample Parking, 2 Drive-Ins

    Lot size:
    800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 800-square-foot industrial warehouse, located at 115 Franklin Road in Oak Ridge, Tennessee, is part of a five-building complex. Built in 1975, the single-tenant property sits on 9.9 acres of land and is zoned IND-1. The warehouse features two 16' x 9' roll-up doors, conveniently positioned at either end of the building, facilitating easy loading and unloading of flatbeds and other trucks. A 2-ton crane is also included, enhancing operational capabilities. With 100 total parking spaces available, ample parking is ensured for employees and visitors. Property taxes are $0.09 per square foot. The Anderson County property (APN: 100GA012.00) is ideal for a small storage area or businesses requiring convenient access for trucks. Directions: From Pellissippi Pkwy towards Oak Ridge, turn right onto LaFayette Dr, right onto Emory Valley Rd, and right onto Franklin Rd

    Property Features for 115 Franklin Rd

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    800 SF
    Total Rate
    800

    Building Details

    Year Built
    1975
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    800 SF
    Rate per SF
    $12

    HighLights

    • 800‑square‑foot industrial warehouse in Oak Ridge, TN.
    • Located at 115 Franklin Road, within a five‑building complex.
    • Sits on a 9.9‑acre lot, zoned IND‑1.
    • Features two 16' x 9' roll‑up doors and a 2‑ton crane.
    • Offers 100 parking spaces.
    • Property taxes are $0.09/SF.
    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?
    Manufacturing property - 800 SF Warehouse, Ample Parking, 2 Drive-Ins
    Where is this manufacturing property located?
    The property is located at 115 Franklin Rd Oak Ridge, TN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 800-square-foot industrial warehouse in Oak Ridge, TN.; Located at 115 Franklin Road, within a five-building complex.; Sits on a 9.9-acre lot, zoned IND-1.
    Request Owner's contact information
    115 Franklin Rd Oak Ridge, TN 37830
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    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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