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Property profile

1990 Oak Rdg Tpke Oak Ridge, TN 37830

OFF-MARKET
Commercial real estate
Property ID
US80-1607077
30,900 SF 1.92 ac lot Built 1943
Last sale Mar 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1.92-acre commercial property, located at 1990 Oak Ridge Turnpike in Oak Ridge, Tennessee (zip code 37830), presents a rare investment opportunity. The property boasts a prominent redlight corner location with over 320 feet of frontage on Oak Ridge Turnpike, plus additional frontage on Louisiana Avenue and East Lincoln Avenue. The site includes a 27,744-square-foot building constructed in 1975, offering significant potential for various uses. Currently zoned B2, this…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$112k
Assessed land$110k
Assessed improvement$2k

Value estimate

· Oct 2026
$1.11M
$999k – $1.22M
Submarket $/SF estimate$917k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$143/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$57 – $241

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionANDERSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.5
Restaurant19.4
Dental Office17.7

Location

1990 Oak Rdg Tpke Oak Ridge, TN 37830-6000
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
420 Illinois, Oak Ridge, TN 37830 $375,000 Jan 2025 76,330 SF
333 Main, Oak Ridge, TN 37830-6748 $6,250,000 Aug 2024 60,044 SF
105 Warehouse, Oak Ridge, TN 37830-7233 $869,800 Jul 2024 18,816 SF
1355 Oak Rdg, Oak Ridge, TN 37830-6446 $4,450,000 Jul 2024 35,114 SF
1005 Oak Rdg, Oak Ridge, TN 37830-6805 $1,616,000 May 2023 17,136 SF
100 Fairbanks, Oak Ridge, TN 37830 $1,800,000 Jan 2023 13,189 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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