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

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Demographic Statistics

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

Contact

Photograph of Listing Agent

G. Sam Tate, Jr., CCIM

NAI Koella | RM Moore ETNRCRE Member
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