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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1550 Oak Ridge Tpke Oak Ridge, TN 37830

1.13 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.13-acre commercial lot, located at 1550 Oak Ridge Turnpike in Oak Ridge, Tennessee (APN: 001099K B 04600), presents a prime retail investment opportunity. Priced at $950,000 ($840,707 per acre), this property boasts excellent visibility and accessibility, with lighted access to Oak Ridge Turnpike and Illinois Avenue, plus additional entry points on Ivanhoe and Raleigh Roads. The site is situated near a significant retail anchor, a 113,531 square foot Kroger Marketplace, ensuring high traffic and consumer visibility. This vacant land is ideal for retail pad development, offering multiple potential uses. The property is being sold as-is with a cash-to-seller closing requirement. The lot size allows for flexibility in development plans, making it an attractive option for various retail concepts. This is a rare opportunity to acquire a strategically located commercial lot in a thriving Tennessee market. Don't miss this chance to secure a valuable asset in a high-traffic area with established retail presence. Serious inquiries only.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.13 ac (49,223 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
AI Approach AI
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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