106 Administration RdOak Ridge, TN 37830

  • Other commercial real estate
  • 11,256 SF
For Lease
$12.99/SF/YR View listing

Property Details for 106 Administration Rd

Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.77 AC
Property size (Sq ft)
11,256 SF
Property type
Other commercial real estate
APN
001100A C 00400
APU
001100AC00400

Description

This exceptional 5,387 square foot office space, located at 106 Administration Rd in Oak Ridge, Tennessee, presents a fantastic leasing opportunity. Situated on the second floor, this single-tenant space is classified as a Class B office building and is suitable for traditional office or medical office uses. The property boasts ample parking located at the rear of the building. All expenses are included in the lease, excluding janitorial services. This is a significant advantage for tenants seeking predictable and manageable operating costs. The building is conveniently located off Oak Ridge Turnpike, providing excellent accessibility and visibility. Under new ownership, the landlord is open to making improvements to the space to better suit a tenant's specific needs, demonstrating a commitment to tenant satisfaction. The property is in Anderson County, Tennessee, and features no elevators. This presents a unique opportunity for a business seeking a well-maintained, all-inclusive office space in a desirable Oak Ridge location. The zip code is 37830.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,210,487
    Hospitality
    $2,024,794
    Educational
    $1,684,605
    Medical
    $1,742,541
    Retail
    $2,620,496
106 Administration Rd, Oak Ridge, Tennessee

Location Insight

City
Oak Ridge
County
Anderson
State
Tennessee
Latitude
36.0252
Longitude
-84.2393
CBSA code
28940
CBSA name
KNOXVILLE, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$63,200
$195,240
$258,440
-
$158,000
$488,100
$646,100

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