Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    150 E Division Rd Oak Ridge, TN 37830

    Meet Realmo: The Largest Hub of Commercial Real Estate in the US

    Over 1 million active listings and over 150 million property profiles

    Property profile & analytics

    150 E Division Rd Oak Ridge, TN 37830

    View on Map
    • Medical Office Space
    • 1,233 SF
    • 0.18 lot acres
    For Lease
    $19 SF/Yr
    View Listing →
    Renovated Medical Office in Oak Ridge For Lease
    $19 SF/Yr
    1,265 SF

    Renovated Medical Office in Oak Ridge

    Updated medical office with reception, lab, and operatories in Oak Ridge.

    150 E Division Rd, Oak Ridge, TN 37830
    View Listing
    Property ID
    US80-0052732
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Atomic City Family Dentistry / Dental Office
    • Samantha Hutton-Metheney / Marriage Or Relationship Counselor
    • Dr. Sarah (Sally) Avery / Physician / Medical Clinic
    • Dr. Justin Dinsmore / Dental Office
    • David Honald Childers / Dental Office

    Property Details for 150 E Division Rd

    Year built
    1977
    Lot size
    0.18 lot acres
    Property size
    1,233 SF
    Zone code
    OF
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    001100A C 03500
    APU
    001100AC03500

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.2427
    Latitude
    36.0205
    CBSA code
    28940
    CBSA name
    KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    0
    $0.00
    $3,600
    $30,200
    $33,800
    -
    $9,000
    $75,500
    $84,500

    Comparable in this City

    • Value Estimation
      $6,945,000
      68,792 SF

      10th Rd

      MEDICAL BUILDING • 68,792 SF
      10th Rd, Oak Ridge, TN 37830
      View Details
    • Value Estimation by Request
      1,284 SF

      150 Division Rd

      MEDICAL BUILDING • 1,284 SF
      150 Division Rd, Oak Ridge, TN 37830-6938
      View Details
    • Value Estimation by Request
      1,715 SF

      253 Laboratory Rd

      MEDICAL BUILDING • 1,715 SF
      253 Laboratory Rd, Oak Ridge, TN 37830-7004
      View Details
    • Value Estimation
      $1,075,000
      5,956 SF

      653 Briarcliff Ave

      MEDICAL BUILDING • 5,956 SF
      653 Briarcliff Ave, Oak Ridge, TN 37830-8799
      View Details
    • Value Estimation by Request
      2,111 SF

      108 Tulsa Rd

      MEDICAL BUILDING • 2,111 SF
      108 Tulsa Rd, Oak Ridge, TN 37830-6601
      View Details
    • Value Estimation by Request
      2,372 SF

      201 Tyrone Rd

      MEDICAL BUILDING • 2,372 SF
      201 Tyrone Rd, Oak Ridge, TN 37830-6518
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Medical Office Building For Sale

      Two-story, 9,744 SF medical office building in Oak Ridge, TN.
      145 E Vance Rd, Oak Ridge, TN 37830
      View Details
    • $1,650,000

      Oak Ridge Medical/Office Building

      Medical/office building in Oak Ridge with existing medical tenants.
      400 Laboratory Rd, Oak Ridge, TN 37830
      View Details
    • Contact for pricing
      6,106 SF

      Medical Office Building For Sale

      6,106 SF medical office building with high visibility.
      1030 Oak Ridge Tpke, Oak Ridge, TN 37830
      View Details
    • Contact for pricing
      37,978 SF

      Class A Office Building Space

      High-end office building with medical and professional co-tenancy.
      575 Oak Ridge Tpke, Oak Ridge, TN 37830
      View Details
    • Contact for pricing
      11,140 SF

      Oak Ridge Medical/Office Property

      Investment or owner-user opportunity in a growing market.
      420 Laboratory Rd, Oak Ridge, TN 37830
      View Details
    • $395,000
      2,688 SF

      Historic Building Near Medical Center

      Historic 2,688 SF building ideal for medical or retail use.
      908 Oak Ridge Tpke, Oak Ridge, TN 37830
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      1,265 SF

      Renovated Medical Office in Oak Ridge

      Updated medical office with reception, lab, and operatories in Oak Ridge.
      150 E Division Rd, Oak Ridge, TN 37830
      View Details
    • Contact for pricing
      747 SF

      Oak Ridge Office Space Available

      Small office space in central Oak Ridge near Y12.
      687 Emory Valley Rd, Oak Ridge, TN 37830
      View Details
    • $18 SF/Yr
      83,772 SF

      Oak Ridge Office Space Available

      Office spaces for lease in Oak Ridge, Tennessee.
      Mitchell Rd, Oak Ridge, TN 37830
      View Details
    • $7 SF/Yr

      Office Space in Oak Ridge

      Two-story office space available for rent in Oak Ridge.
      133 Warehouse Rd, Oak Ridge, TN 37830
      View Details
    • $14 SF/Yr

      Oak Ridge Office Space Available

      Office spaces near Oak Ridge National Laboratory with flexible layouts.
      710 South Illinois Ave, Oak Ridge, TN 37830
      View Details
    • $17 SF/Yr

      Office Suite Near ORNL

      4,769 SF office suite near Oak Ridge National Laboratory.
      1006 Floyd Culler Ct, Oak Ridge, TN 37830
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 E Division Rd
    Oak Ridge, TN 37830
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    150 E Division Rd, Oak Ridge, TN, 37830
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!