Property profile

361 Illinois Ave Oak Ridge, TN 37830

OFF-MARKET
Retail space
Property ID
US80-1912326
6,048 SF 0.67 ac lot Built 1994
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1994
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,048 SF
Lot 0.67 ac (29,185 SF)
APN 001099L A 03100
UPID US80-1912326

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering
  • Arcade & Gaming Center Electronics & Wireless Store
  • Bank Credit Union
  • Bank Credit Union
  • Accounting Firm Tax Preparation

Location

361 Illinois Ave Oak Ridge, TN 37830-6741
Oak Ridge metro Census 20100 KNOXVILLE, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
$1.34M
Comparable Approach Comparable
$871k
Blend (final) Blend
$1.38M

Owner & transaction history

since 2024
Last sale
$1.4M
5 recorded transactions
2024
$1.4M
2006
$900,000
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $870,000 +42.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 361 Illinois Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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