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Property profile & analytics
OFF-MARKET
Land

0 Commerce Park Dr Oak Ridge, TN 37830

6.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 6.25 ac (272,250 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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