327 Warehouse Rd Oak Ridge, TN 37830-7237
- Warehouses
- 10,816 SF
- 0.98 lot acres
Current Use by Public Records
- Warehouses
Property Details for 327 Warehouse Rd
- Year built
- 1942
- Lot size
- 0.98 lot acres
- Property size
- 10,816 SF
- Zone code
- IND1
- Property type
- Warehouses
- APN
- 001094F E 03700
- APU
- 001094FE03700
Description
This fully renovated 9,280-square-foot warehouse, located at 327 Warehouse Road in Oak Ridge, TN, is available for lease. Built in 1942 and completely renovated in 2024, this single-story industrial property sits on a 0.98-acre lot and offers excellent access to Oak Ridge Turnpike. The building features 10-foot ceilings, one loading dock, and five dock-high doors (four on Warehouse Road and one at the loading dock). Ample power is provided with an 800-amp, 3-phase system. The warehouse boasts a new, insulated metal roof (R-30 insulation) and exposed wooden posts and roof structure. Interior lighting is suitable for storage, with capacity for expansion. The property is zoned IND1 (Industrial) and has public water, sewer, and natural gas available. Parking accommodates 10-25 vehicles. The 440-foot frontage provides convenient access. The property can be leased as a whole or divided into two sections (5,370 sq ft and 3,910 sq ft). Taxes are $0.25 per square foot. While intended for unconditioned warehouse use, the landlord is open to collaborating with tenants on necessary improvements. Architectural drawings are from the permit set and should be verified by the tenant. The property is conveniently located a block off Oak Ridge Turnpike in a compact industrial area with multiple access points.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $95,000
- 6.5%
- $110,000
- 7%
- $110,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $95,000
- Geo Method
- $100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $95,000
- Retail
- $120,000
- Mixed-Use
- $115,000
- Hospitality
- $100,000
- Educational
- $110,000
- Residential Income
- $120,000
- Energy
- $105,000
- Income-Based Land
- $90,000
- Food Service
- $105,000
Location Insight
- Map
- Local Demand
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.2167
- Latitude
- 36.0386
- CBSA code
- 28940
- CBSA name
- KNOXVILLE, TN METROPOLITAN STATISTICAL AREA