Property summary
This exceptional 1.22-acre commercial land parcel, located at 170 Oak Ridge Turnpike in Oak Ridge, Tennessee (APN: 094F B 062.00), presents a compelling investment opportunity. Zoned UB-2, this flat, table-top site boasts highway frontage and enjoys exceptional visibility due to daily traffic counts exceeding 20,000 vehicles. All utilities are readily available on-site, simplifying development plans. A completed survey is included with the sale, streamlining the due diligence process. The asking price is $279,000, translating to a land value of $228,689 per acre. The property's prime location offers numerous potential uses, capitalizing on the strong local demographics, including average household incomes exceeding $80,000. This is an ideal site for businesses seeking high visibility and convenient access to a substantial customer base. The property is owned by Chris Lane and lease options are not available. This is a rare opportunity to acquire a well-situated commercial land parcel in a thriving Tennessee community. Serious inquiries only.
Property profile
VerifiedCap rate & NOI
Current use
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Home Appliance Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
R1C · Oak Ridge, TNZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for R1C in Oak Ridge, TN.
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Find the owner behind the property.
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