Development Land in Oak Ridge

Vacant Land for Sale
Catylist Listing ID: 30806048
Property Subtypes: Industrial, Office, Self Storage
Gross Land Area: 3.62 Acres
Sale Price: $425,000
Unit Price: $117,403 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/17/2023

Overview / Comments

108 Union Valley Road consists of a 3.62-acre surveyed acres that is currently zoned Industrial which allows a wide range of uses. The property has frontage/access directly off Union Valley Road but also benefits from an access easement between the two adjacent buildings, creating convenient ingress and egress. The property is substantially flat, has been recently cleared, and has access to all municipal utilities.

Regarding its location, the subject property is a quarter of a mile away from S. Illinois Avenue to the east and a quarter of a mile away from Scarboro Road to the west. In addition, the property is less than a 10-minute drive to the Pellissippi Parkway/I-40/I-75 interchange.

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: Anderson Co
Tax ID/APN: 001106GB00500
Property Located Between: Oak Ridge and Knoxville
Property Visibility: Excellent
Legal Description: Deed Book and page1368/1531
Largest Nearby Street: South Illinois Ave
Airports: KTYS
Site Description: Mostly Flat
Area Description: Area of High Tech Research and Development with a mix of Government workers, Contractors, and Research oriented business.
Zoning Description: Currently Industrial
Easements: Ingress/Egress
Soil Type: Clay
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,718 21,071 45,741
Median Age: 39.51 43.06 41.88
Households: 766 9,271 19,038


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