Land at Prominent Business Park in Oak Ridge

Withdrawn Vacant Land for Sale
Catylist Listing ID: 28223870
Property Subtypes: Industrial, Office, Other
Gross Land Area: 15.80 Acres
Sale Price: $474,000
Unit Price: $30,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 8/22/2014
Last Updated: 2/17/2016

Overview / Comments

Rolling land in Commerce Park. All utilities are available. The park has 2 manufacturing firms and a number of office buildings. Because the subject is at the main entrance to Commerce Park and has significant frontage on Illinois Avenue and Commerce Park Drive, its development will be prominent for the park and for Oak Ridge.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 106GB014
Zoning: IND-2
Market Type: Medium
Property Visibility: Good
Largest Nearby Street: Commerce Park Dr
Feet of Frontage: 800
Site Description: Steep slope on Illinois Avenue, rolling on Commerce Park Drive. Bldg sites would face on Commerce Park Drive. 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. Oak Ridge is blessed with limitless amenities that make day-to-day living a pleasure. Safe neighborhoods, award-winning schools, top-notch healthcare and a traditional sense of community, make Oak Ridge the perfect environment to nurture a family or to nest for retirement.
Lot Frontage: 800'
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.
Development Name: Commerce Park
Topography: Other
Available Utilities: Electric, Water, Gas, Other

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 14,644 43,449
Median Age: 44.03 41.22
Households: 6,523 18,060


Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore KAAR CIE Member
© Copyright Knoxville Area Association of REALTORS®. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Knoxville Area Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.