One Lafayette Square

Office for Sale
Catylist Listing ID: 30356290
Property Subtypes: Mixed Use
Building Size (RSF): 4,700 SF
Gross Building Area: See Agent
Sale Price: $1,249,000
Unit Price: $265.74 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class A
Sale Terms: Cash to Seller
Last Updated: 2/14/2019

Overview / Comments

This property is located on a main artery into the heart of Oak Ridge. It allows for easy access to Knoxville, and the Airport by way Pellissippi Parkway.

This parcel is set for a mixed use development. The office building has two current tenants. Both are Real Estate related, and have been very successful in this location. The remainder of land had been designated for office condos with pads and utilities in place. Another use that should be considered is housing. This parcel is located across from the Traditional Neighborhood Willow Place. Willow Place offers urban living that is suited for both empty nesters and young professional. This would be an easy transition for this parcel.

3.63 Acres.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Tax ID/APN: 001100A C 04000
Property Visibility: Excellent
Highway Access: Pellissippi Parkway and Lafayette Dr.
Airports: Knoxville
Site Description: The site is in central Oak Ridge. It's flat and has utilities in place
Area Description: The area is mixed use, with office, Churches and residential all represented
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2004
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample parking for many different uses.
Sprinklers: Other
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,004 23,482 39,767
Median Age: 43.61 41.91 43.42
Households: 3,835 10,374 17,012

Contact

Photograph of Listing Agent

John M Adams III, CCIM SIOR

Avison Young
KAAR CIE Member
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