106 Administration Rd Oak Ridge, TN 37830
- Commercial real estate
- 11,256 SF
- 0.77 lot acres
Current Use by Public Records
- Munsey Pharmacy / Pharmacy
- Muncys Pharmacy / Pharmacy
- SaVida Health Oak Ridge / Medical Clinic
- Emory Park Boutique / Clothing & Fashion Store
Property Details for 106 Administration Rd
- Year built
- 1974
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.77 lot acres
- Property size
- 11,256 SF
- Property type
- Commercial real estate
- APN
- 001100A C 00400
- APU
- 001100AC00400
Description
This exceptional 5,387 square foot office space, located at 106 Administration Rd in Oak Ridge, Tennessee, presents a fantastic leasing opportunity. Situated on the second floor, this single-tenant space is classified as a Class B office building and is suitable for traditional office or medical office uses. The property boasts ample parking located at the rear of the building. All expenses are included in the lease, excluding janitorial services. This is a significant advantage for tenants seeking predictable and manageable operating costs. The building is conveniently located off Oak Ridge Turnpike, providing excellent accessibility and visibility. Under new ownership, the landlord is open to making improvements to the space to better suit a tenant's specific needs, demonstrating a commitment to tenant satisfaction. The property is in Anderson County, Tennessee, and features no elevators. This presents a unique opportunity for a business seeking a well-maintained, all-inclusive office space in a desirable Oak Ridge location. The zip code is 37830.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,100,000
- ML approach
- $1,100,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,432,000
- AI Estimate
- $752,000
Market price range: $642k - $2.72MMarket price range: $334k - $1.45M
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Location Insight
- Map
- Local Demand
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.2393
- Latitude
- 36.0252
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA