1.92 ACRE REDLIGHT CORNER SITE OAK RIDGE TURNPIKE

Retail-Commercial for Sale
Catylist Listing ID: 30784100
Property Subtypes: Car Wash, Free-Standing Building, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 27,744 SF
Gross Land Area: 1.92 Acres
Sale Price: $1,195,280
Unit Price: $43.08 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Building Name: West Side Plaza Shopping Mall
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/23/2022

Overview / Comments

ONE OF THE LAST REMAINING REDLIGHT CORNERS IN THE CITY OF OAK RIDGE. ROAD FRONTAGE ON 3 SIDES. LOUISIANA AVE, E. LINCOLN AND OVER 320 FEET OF FRONTAGE ON OAK RIDGE TURNPIKE. All City Municipal Utilities on Site. Property is improved with a 27,000 SF Building. Great C Store, retail, Restaurant site, mini storage and/or other use. Adjacent property is a former Bank Branch and can be purchased as well, providing a total site area of 2.61 acres.

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Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: CITY OF OAK RIDGE
Tax ID/APN: 001105AB01900
Zoning: B2
Retail Clientele: General, Business
Property Located Between: E. Lincoln Louisiana Ave and the Turnpike
Property Visibility: Excellent
Feet of Frontage: 320
Highway Access: Direct access to Oak Ridge Turnpike
Site Description: Large flat paved level site dimensions are 320 X 255
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1975
Construction/Siding: Vinyl Siding
Parking Type: Surface
Parking Description: Level Asphalt Parking over site
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,416 20,275 33,662
Median Age: 36.26 40.77 42.91
Households: 2,275 8,793 14,517

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