For Sale
$950,000

1550 Oak Ridge Tpke Oak Ridge, TN 37830

1.13-Acre Commercial Lot, $950,000

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 1.13-acre commercial lot, located at 1550 Oak Ridge Turnpike in Oak Ridge, Tennessee (APN: 001099K B 04600), presents a prime retail investment opportunity. Priced at $950,000 ($840,707 per acre), this property boasts excellent visibility and accessibility, with lighted access to Oak Ridge Turnpike and Illinois Avenue, plus additional entry points on Ivanhoe and Raleigh Roads. The site is situated near a significant retail anchor, a 113,531 square foot Kroger Marketplace, ensuring high traffic and consumer visibility. This vacant land is ideal for retail pad development, offering multiple potential uses. The property is being sold as-is with a cash-to-seller closing requirement. The lot size allows for flexibility in development plans, making it an attractive option for various retail concepts. This is a rare opportunity to acquire a strategically located commercial lot in a thriving Tennessee market. Don't miss this chance to secure a valuable asset in a high-traffic area with established retail presence. Serious inquiries only.

Highlights

  • Active listing.
  • Vacant 1.13-acre land parcel, suitable for retail development.
  • Ideal for a retail pad site.
  • $950,000 asking price.
  • $840,707 per acre.
  • Cash sale only.

Property Details for 1550 Oak Ridge Tpke

Property type
Retail properties, Land
Lot Size (sq. ft)
49,223 SF

Location Insight

City
Oak Ridge
County
Anderson
State
Tennessee
Latitude
36.0120433
Longitude
-84.268249

FAQs

What type of property is this?
Retail property - 1.13-Acre Commercial Lot, $950,000
Where is the retail property located?
The property is located at 1550 Oak Ridge Tpke Oak Ridge, TN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Active listing.; Vacant 1.13-acre land parcel, suitable for retail development.; Ideal for a retail pad site.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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1550 Oak Ridge Tpke
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