Commerce Park Dr Oak Ridge, TN 37830
- Land
- 6.25 lot acres
Current Use by Public Records
- Land
Property Details for 0 Commerce Park Dr
- Lot size
- 6.25 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 13.5-acre parcel, located in Oak Ridge, Tennessee (Commerce Park Drive, zip code 37830), presents a unique investment opportunity. Zoned I-2, this level, clay-soiled lot boasts convenient access to major thoroughfares including Illinois Avenue and Pellissippi Parkway, providing easy commutes to West Knoxville and McGhee Tyson Airport via I-140. Its prime location offers close proximity to Oak Ridge National Laboratory, Y-12 Laboratory, and the Spallation Neutron Source, ensuring high visibility and strong potential for development. The property features readily available utilities including electric, water, gas, sewer, storm drain, and cable. A significant advantage is the availability of 2MW of power. The seller is open to build-to-suit options, adding further flexibility for potential buyers. Detailed zoning information is available upon request. The lot size is potentially subdividable, offering versatility for various development scenarios. This property represents a compelling opportunity for industrial or commercial development in a thriving, strategically located area. The asking price is $1,012,500, with a land value of $75,000 per square foot. The largest nearby street is S. Illinois Ave. Paved roads provide excellent accessibility.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.2238
- Latitude
- 35.9925
