0.94 Acre Commercial Site on Oak Ridge Tpke

Retail-Commercial for Sale
Also listed as Vacant Land
Catylist Listing ID: 30798452
Property Subtypes: Car Wash, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 9,618 SF
Gross Building Area: See Agent
Gross Land Area: 0.94 Acres
Sale Price: $1,385,000
Unit Price: $144 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/12/2022

Overview / Comments

0.94 site for new ground up development or rehab the existing 9600 SF building.
Excellent visibility on Oak Ridge Turnpike in the middle of heavy retail and quick serve area. 22,671 ADT.

Parcel is mostly level and features a large parking lot. Offered for sale or ground lease. Building is vacant and given no value.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge
Tax ID/APN: 001099ED03900
Zoning: B-2
Retail Clientele: General, Family, Convention
Property Visibility: Excellent
Largest Nearby Street: Oak Ridge Turnpike
Traffic/Vehicle Count: 27,000
Site Description: Level site
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Poor
Year Built: 1968
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Business B-2
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,578 26,223 38,421
Median Age: 39.43 42.09 43.04
Households: 3,128 11,492 16,396


Photograph of Listing Agent

Steve Goldman, CCIM

Goldman Partners Realty, LLC KAAR CIE Member
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