Property profile

115 Laboratory Rd Oak Ridge, TN 37830

OFF-MARKET
Auto shops
Property ID
US80-2031528
1,374 SF 2.58 ac lot Built 1942
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2.58-acre commercial property in Oak Ridge, Tennessee, presents a compelling investment opportunity. Located at 115 Laboratory Rd, 37830, this property boasts a prime location within Anderson County and offers significant potential for various uses. The site includes a single-story, 1,600 square foot building constructed in 1942, providing existing infrastructure for immediate occupancy or redevelopment. The property's B zoning designation opens doors to a wide range of commercial and industrial applications, making it ideal for service-related businesses, outdoor storage facilities, or future development projects. The vacant land offers ample space for expansion or the construction of new facilities. The asking price is $525,000. This property's size, zoning, and location in the thriving Oak Ridge market make it a highly attractive investment prospect with considerable upside potential. The property's APN is 100B B 01502. This is a rare opportunity to acquire a substantial piece of commercial real estate in a desirable Tennessee location.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1942
Total area 1,374 SF
Lot 2.58 ac (112,385 SF)
APN 001100B B 01502
UPID US80-2031528

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

115 Laboratory Rd Oak Ridge, TN 37830-7002
Oak Ridge metro Census 20202 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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