43,103 SF Office Campus - Oak Ridge
Office
for Sale
| Catylist Listing ID: |
30710503 |
| Property Subtypes: |
Institutional, Office Building
|
| Building Size (RSF): |
43,103 SF
|
| Gross Land Area: |
6.09 Acres
|
| Sale Price: |
$3,495,000 |
| Unit Price: |
$81.08 PSF |
| Ceiling: |
9 ft. |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Portion of ORAU campus |
| Class of Space: |
Class B |
| Usable Size (USF): |
43,103 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/7/2021 |
Overview / Comments
|
Located in the heart of Oak Ridge on a 6.09+/- acre campus. 2 nicely landscaped masonry office buildings with old world styling (slate roofs and copper gutters). 120 Badger Avenue is a 1 1/2 story containing a total of 30,032 SF, built around a courtyard. 130 Badger Avenue is a structure with 10,366 SF on the main level and 2,685 SF on the lower level (13,051 SF total). The wing design of each structure has rooms on each side of central hallways, yielding daylight offices in most rooms of each building. Excellent uses would be office campus, assisted living or retirement community, or development for apartments or townhomes. Nearby amenities within walking distance include A.K. Bissell Park, Oak Ridge Arts Center, Pollard Auditorium, Oak Ridge Civic Center and Public Library, Oak Ridge High School, newly redeveloped shopping opportunities, and numerous restaurants.
|
Additional Details
| Nearest MSA: |
Knoxville |
| County: |
Anderson |
| Taxing Authority: |
City of Oak Ridge |
| Tax ID/APN: |
001099N B 00600 |
| Zoning: |
E (EDUCATION AND RESEARCH DISTRICT) |
| Property Located Between: |
Badger Avenue and ORAU office campus. |
| Property Visibility: |
Excellent |
| Highway Access: |
Tulane Avenue, Illinois Avenue and Oak Ridge Turnpike |
| Site Description: |
Acreage is only an estimate and is subject to survey and platting. Terrain is level to gently sloping. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
2 |
| Year Built: |
1960 |
| Roof Type: |
Gable |
| Exterior Description: |
Brick buildings with slate roofs |
| Parking Type: |
Surface |
| Parking Description: |
asphalt |
| Total Parking Spaces: |
163 |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas, Hot Water |
| Heat Source: |
Central |
| Internet Access: |
Fiber Optic |
| Interior Description: |
8' ceilings in most of the buildings. Mix of 6-8 and 8-0 solid core doors, with metal casings. Carpet over concrete slab in most areas of each building. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Pipelines, Electric Lines, Utilities |
| Easements Description: |
Property is being platted. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,892 |
25,243 |
37,723 |
| Median Age: |
37.67 |
41.95 |
42.94 |
| Households: |
2,737 |
11,061 |
16,142 |
|
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