110 Novitas Place

Office for Sale
Catylist Listing ID: 30858008
Property Subtypes: Business Park, Office Building
Building Size (RSF): 1,144 SF
Gross Land Area: 2.12 Acres
Sale Price: $389,000
Unit Price: $340.03 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/9/2023

Overview / Comments

Originally constructed as a conference center for Horizon Center Business Park, winding concrete pathways give access to this 1,144 SF office building, which is nestled in a serene landscape of over 2 acres. Dry stacked stone pillars conceal the steel framing and allow for a 7' eave on all 4 sides of the building. One end of the structure is constructed as a telecom room with concrete walls and ceiling. Two separate Bard wall mount AC units serve this area, along with a separate electric meter. Floor-to-ceiling store front glass allows for abundant natural light. Both restrooms were recently renovated. 3 phase electrical is available on site. Garden pathways are illuminated with louvered bollard lighting. The sculptures/art displays in the yard are expected to be relocated. One of the 10 parking spaces has an EV charging station. 277/480V electrical is available on the property.

Attachments & Media

Additional Details

Nearest MSA: Knoxville
County: Anderson
Taxing Authority: City of Oak Ridge
Tax ID/APN: 021 00202
Zoning: IND-2
Property Visibility: Good
Highway Access: Oak Ridge Turnpike
Area Description: Triso-X has announced the construction of a nuclear fuel facility in Horizon Center.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,144 SF
Year Built: 2003
Roof Type: Hip
Exterior Description: Dry stack stone pillars, storefront glass, stucco or EIFS over concrete. Roof is standing seam with 7' eave on all 4 sides.
Parking Ratio: 8.7 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved surface parking
Total Parking Spaces: 10

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,418 17,534
Median Age: 48.1 42.96
Households: 1,787 7,205


Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore ETNRCRE Member
© Copyright 2001-2023 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither East Tennessee Realtors nor Moody's assume any liability for errors or omissions.