Bethel Valley at Scarboro Rd 7.8 Ac

Withdrawn Vacant Land for Sale
Catylist Listing ID: 28225766
Property Subtypes: Industrial, Office
Gross Land Area: 7.80 Acres
Sale Price: $359,000
Unit Price: $46,025 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 8/22/2014
Last Updated: 2/17/2016

Overview / Comments

Approximate 7.8 acre tract, with average width of the property as viewed from Bethel Valley Rd of over 700’. Depth from Bethel Valley is 450+’. Approx 7.8 acre tract, bisected by electrical and gas line easement. The property has a gentle uphill grade from Bethel Valley, back about 300’ (the treeline). Then the grade rises quickly. All utilities are available. Commerce Park has 2 manufacturing firms and a number of office buildings. Across the street from the subject, is Oak Ridge Institute for Science and Education (ORISE) and satellite facilities for Oak Ridge Associated University (ORAU). The main entrance to Y-12 National Security Complex is 1.3 miles N of the subject property on Scarboro Rd.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 106GB019
Zoning: IND-2
Feet of Frontage: 600
Site Description: Commerce Park is home to ORNL (U.T. Battelle), U.S. Iter, URS, Merrick Quality Systems, Uranium Processing Facility, Energy Solutions, Tetra Tech HEI, Oak Ridge Tool, Sitel, E2 Engineering, Xcel Engineering, Coors Tek, Tech 2020 and Oak Ridge Entrepreneurial Center. Other neighbors include Babcock and Wilcox, Fluor, SCI, Isotek Systems, Mesa Engineering, ORNL Fed Credit Union Training and Service Ctr, Worley Parsons, Answer Financial, Bechtel, Boston Govt. Services, Nuclear Safety Administration, Net Gain, Information International Associates, New Hope Center, Y-12 National Security Complex and Canberra,
Area Description: Known for its world-class science, Oak Ridge is one of the most influential cities in the United States and is blessed with many amenities. Safe neighborhoods, award-winning schools, top-notch healthcare and a traditional sense of community, make Oak Ridge a great environment to grow a business, raise a family or to nest for retirement.
Lot Frontage: 600
Lot Depth: 450
Zoning Description: IND-2 – Established to provide areas in which the principal use of the land is for processing, manufacturing, assembling, fabrication and for warehousing. The IND-2 district provides for enterprises in which goods are generally mass produced from raw materials on a large scale through use of and assembly line or similar process, usually for sale to wholesalers or other industrial and manufacturing uses. Also permitted is office, administrative, technical and professional services.
Development Name: Commerce Park
Available Utilities: Electric, Water, Gas, Other

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,958 48,052
Median Age: 43.52 40.88
Households: 6,132 19,925


Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore KAAR CIE Member
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