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Property profile & analytics
OFF-MARKET
Land

1550 Oak Ridge Tpke Oak Ridge, TN 37830

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.00 to 1.13-acre commercial land parcel presents a unique investment opportunity in Oak Ridge, Tennessee. Located at 1550 Oak Ridge Turnpike, this property boasts excellent visibility and accessibility, situated near a major Kroger Marketplace (113,531 square feet) within the Westcott Center. The site offers convenient access to Oak Ridge Turnpike and Illinois Avenue, with additional entry points on Ivanhoe and Raleigh Roads. This prime location ensures high traffic volume and exposure for any commercial development. The property is designated as vacant land, suitable for various uses, including retail pad sites. The sale price ranges from $900,000 to $950,000, with cash-to-seller terms. The Anderson County Assessor's Parcel Number (APN) is 001099K B 04600. This is an exceptional opportunity to acquire a strategically located commercial lot in a thriving area with significant potential for growth and return on investment. Smaller shop spaces, ranging from 1,100 to 1,400 square feet, may also be available. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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
Current use
Occupant on record · Public records
  • Kroger Money Services Check Cashing
  • KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
  • Kroger Bakery Bakery Specialty Food Shop
  • Kroger Deli Food Market Restaurant
  • MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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