115 Laboratory Rd Oak Ridge, TN 37830-7002
- Auto shops
- 1,374 SF
- 2.58 lot acres
Current Use by Public Records
- Auto shops
Property Details for 115 Laboratory Rd
- Year built
- 1942
- Lot size
- 2.58 lot acres
- Property size
- 1,374 SF
- Property type
- Auto shops
- APN
- 001100B B 01502
- APU
- 001100BB01502
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.2335
- Latitude
- 36.0272
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
