Commerce Park Dr Oak Ridge, TN 37830
- Land
- 7.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 Commerce Park Dr
- Lot size
- 7.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 7 to 34-acre commercial and industrial land parcel in Oak Ridge, Tennessee, presents a unique investment opportunity. Located on Commerce Park Drive, this gently sloping, clay-soil property boasts excellent visibility and convenient access off Illinois Ave and Pellissippi Parkway. Its prime location offers close proximity to Oak Ridge National Laboratory, Y-12 Laboratory, and the Spallation Neutron Source, ensuring easy access for employees and clients. The property is easily accessible from West Knoxville and McGhee Tyson Airport via I-140/Pellissippi Parkway. The site is zoned I-2, with detailed zoning information available upon request, and offers the potential for subdivision to accommodate various development needs. Utilities include electric, water, gas, sewer, storm drain, cable, and broadband. The property features 2MW of available power. The seller is open to build-to-suit options, providing flexibility for potential buyers. Asking price ranges from $2,040,000, with a price per acre ranging from $60,000 to $80,000. This is an ideal location for businesses seeking a strategic presence in Oak Ridge's thriving industrial and research corridor. The property's versatility and prime location make it an attractive investment for both immediate development and long-term growth.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.2238
- Latitude
- 35.9925
