Financial
Distress signals
Property profile

353 Illinois Ave Oak Ridge, TN 37830

OFF-MARKET
Other commercial real estate
Property ID
US80-2095477
2,790 SF 0.88 ac lot Built 2017
Last sale Mar 2022 · $2,467,670
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 2,609-square-foot Taco Bell restaurant located at 353 S Illinois Ave near the signalized intersection of S. Illinois Avenue and S. Tulane Avenue in Oak Ridge, Tennessee. It is configured as a restaurant outparcel within a retail trade area that includes a newer shopping center anchored by Walmart Supercenter, Dick’s Sporting Goods, and TJ Maxx, with additional nearby retailers such as Hobby Lobby, Chick-fil-A, Planet Fitness, PetSmart, Ross Dress-for-Less, Cinemark Theaters,

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$351k
Assessed land$134k
Assessed improvement$217k

Value estimate

· Sep 2026
$2.61M
$2.34M – $2.87M
AI approach$2.35M

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency18.6
Building Supply14.3
Wholesale Shop13.3

Location

353 Illinois Ave Oak Ridge, TN 37830-6741
County assessor Recorded deeds · 2 transfers 3 qualifying comp sales Zoning catalog · not on file

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
1950 Oak Rdg, Oak Ridge, TN 37830-6001 $130,000 Mar 2025 1,995 SF
1500 Oak Rdg, Oak Ridge, TN 37830-6207 $4,237,288 Feb 2023 5,136 SF
1100 Oak Rdg, Oak Ridge, TN 37830-6441 $600,000 Dec 2022 1,596 SF
104 Melton Lk, Oak Ridge, TN 37830-7242 $1,500,000 Dec 2022 5,076 SF
155 Midway, Oak Ridge, TN 37830-7915 $1,862,816 Sep 2022 4,582 SF
1942 Oak Rdg, Oak Ridge, TN 37830-6001 $140,000 Jul 2022 1,995 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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