420 S. Illinois Ave.

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30829791
Property Subtypes: Retail-Pad
Gross Land Area: 3.63 Acres
Sale Price: $4,675,000
Unit Price: $1,287,878 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2023

Overview / Comments

3.63 AC Retail Pad Site
Site could accommodate a retail strip center or restaurant
Additional space could be developed for additional parking
Located in the heart of Oak Ridge's main retail area
B-2 Zoning
Sale price includes current ground lease to Outback Steakhouse
Seller is willing to consider build-to-suit options for possible strip center concepts
Property is also available for Ground Lease

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 001105DA00700

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,214 22,762 35,787
Median Age: 38.42 41.43 42.83
Households: 1,612 10,048 15,304


Photograph of Listing Agent

Michelle Gibbs

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

Mary Ellen Kilburn

NAI Koella | RM Moore KAAR CIE Member
Photograph of Listing Agent

Roger M. Moore, Jr.

NAI Koella | RM Moore KAAR CIE Member
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