For businesses looking to lease or buy commercial real estate in Knoxville, finding the right realtor is crucial. However, with so many options to choose from, it can be overwhelming to determine who is truly the best fit for your needs. In this blog, we will focus on Shawn Wilmoth REALTOR®, a noteworthy real estate professional in the Knoxville area. Additionally, why he should be at the top of your list. Who is Shawn Wilmoth REALTOR®? Shawn Wilmoth is a highly recognized and well-respected commercial realtor serving Knoxville and the surrounding areas. With over 20 years of experience in the industry, he has built a reliable reputation. He is a reliable and trustworthy agent among his clients and colleagues alike. Additionally, known for his strong work ethic and attention to detail. Shawn has the knowledge and expertise necessary to help his clients find the perfect commercial property to suit their needs. What makes him one of the best? When it comes to finding the perfect commercial realtor, one size does not fit all. Shawn Wilmoth REALTOR® stands out among his competitors in several ways. Starting with his commitment to client satisfaction and his extensive network of connections. Shawn takes the time to fully understand each of his clients' unique goals and aspirations. This allows him to provide personalized service and tailored solutions that are unmatched by his peers. Finally, Shawn's vast network of contacts in the commercial real estate industry provides his clients with access to exclusive properties and opportunities that they may not have been able to find otherwise. Areas of Expertise One of the key benefits of working with Shawn Wilmoth REALTOR® is his diverse range of experience within the commercial real estate industry. Some of his areas of expertise include: - Commercial leasing- Property management- Buyer and seller representation- Landlord representation- Investment property analysis Shawn's extensive knowledge of each of these areas allows him to offer comprehensive services that cover all aspects of the commercial real estate transaction process. Whether you are a first-time buyer or a seasoned investor, Shawn has the skills and expertise necessary to help you achieve your goals. Client Testimonials As mentioned earlier, client satisfaction is a top priority for Shawn Wilmoth REALTOR®. Over the years, he has built a loyal client base, receiving numerous glowing testimonials from satisfied customers. For example, one client notes, "Shawn listened to our needs, asked pertinent questions, and then found exactly what we were looking for. We could not have asked for a better professional or experience." Another customer says, "Once we contacted Shawn, everything just went smoothly. He was thorough, professional, and extremely helpful." When it comes to finding the best commercial realtor in Knoxville, Shawn Wilmoth REALTOR® is a top contender. His extensive experience, personalized approach to client service, and extensive industry contacts make him a valuable asset to anyone looking to buy, sell, lease, or manage commercial real estate in the area. While our web scraping tool may not have been able to provide accurate results, we hope this blog has provided valuable insight into why Shawn Wilmoth REALTOR® is the right choice for your commercial real estate needs. Contact him today to learn more about how he can help you achieve your goals. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

Purchasing commercial real estate can be a lucrative investment, but it can also be a complex process. It involves a significant amount of time, money, and resources. Before committing to a commercial property, it’s essential to do your due diligence and ask the right questions. In this blog post, we’ll discuss the top 10 questions you should ask when buying commercial property. 1. What is the property's zoning? Zoning laws regulate land use in specific areas, such as residential, commercial, or industrial. It’s important to understand the zoning of the property you’re buying to determine what kind of development is allowed. 2. What is the condition of the property? Before purchasing, make sure you commission a thorough inspection to assess the condition of the property. This will help you identify any underlying issues, such as structural problems or environmental hazards, that could affect the property's value. 3. What are the financials? Review financial statements, including income and expenses, to ensure that this investment is feasible. You need to know how much revenue the property generates, what the expenses are, and what kind of cash flow you can expect. This will help you determine the potential return on investment (ROI). 4. What are the tenant lease agreements? If the property is occupied, be sure to review all tenant lease agreements. This includes the lease terms, rent amount, and expiration dates. If you're taking over existing tenants, you'll need to determine how to handle the transition. 5. What are the property’s operating costs? Operating costs can include property taxes, insurance, maintenance, and utilities. Review these expenses carefully to determine how much it will cost to maintain the property and ensure that you have a realistic understanding of these costs. 6. What are the market and economic conditions? Be sure to research the local real estate market and economic conditions. This includes vacancy rates, supply and demand, and current rental rates. This will help you to determine the property’s viability as an investment. 7. What is the property’s history? Review the property’s history, including purchase price, sales history, previous owners, and any legal issues. This will help you to uncover any issues or concerns with the property that could affect your investment. 8. What are the development plans for the area? Research any proposed or upcoming development plans for the area to understand how they might affect the property's value and desirability. This can include new roads, infrastructure, or zoning changes. 9. What are the property’s environmental risks? An environmental assessment of the property is essential to ensure that there are no environmental risks or issues that could affect its value. This can include soil contamination, water pollution, or hazardous waste. 10. What are the closing costs? Finally, you must understand the closing costs associated with purchasing commercial real estate. These can include legal fees, transfer taxes, appraisal fees, and title fees. Make sure you have a clear understanding of these costs to ensure that they fit within your budget. Purchasing commercial real estate requires careful consideration, research, and due diligence. By asking the right questions, you can ensure that you are making an informed decision that aligns with your investment goals. These ten questions are a great starting point, but you should also consult with real estate professionals, attorneys, and financial advisors to ensure that you have a comprehensive understanding of the property and its potential risks and opportunities. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

As a homeowner, you might have some equity built up in your property, which is the difference between the current market value of your home and the outstanding balance on your mortgage. Cashing out equity from your property refers to taking out a loan against your home's value or selling a portion of your home's value back to the bank. But is this a wise decision? In this blog, we will explore the pros and cons of cashing out equity from your property. Pros of Cashing Out Equity from Your Property One of the biggest advantages of cashing out your equity is that you can tap into the value of your home without having to sell it. This can be an excellent way to finance a home renovation, pay off high-interest debts or invest in other projects. Another benefit of cashing out equity is that the interest rates on these loans are typically lower than credit card interest rates. This means that you could potentially save money on interest charges by using a home equity loan to pay off high-interest debts. Finally, cashing out your equity can also be a great way to diversify your investments. With a home equity loan, you can invest the funds in other projects that could potentially generate higher returns than if you kept them invested within your home. These are just some of the primary benefits of cashing out your equity - there are many others! Furthermore, the interest on a home equity loan or line of credit is often tax-deductible, which can further reduce your costs. Cons of Cashing Out While there are benefits to cashing out equity, there are also some downsides to consider. One of the biggest risks is that you are putting your home up as collateral, which means that if you cannot make the loan payments, you could potentially lose your home. Additionally, if the value of your home decreases, you may end up owing more than it is worth. Furthermore, closing costs and fees associated with cashing out equity can be significant. Finally, because these loans are often considered "risky" by lenders, interest rates can be high compared to other types of loan products. Additionally, cashing out equity can increase your debt burden and monthly expenses. It is crucial to carefully assess your financial situation to ensure that you can make the payments and not damage your credit score. Moreover, it can take decades to pay off a home equity loan. Be sure to consider the long-term financial consequences before taking out the loan. Alternatives to Cashing Out Equity If you decide that cashing out equity from your home is not for you, there are other alternatives to consider. You could refinance your mortgage to take advantage of lower interest rates, negotiate with your lenders for more favorable repayment terms, or even consider renting out a portion of your home for extra income. When is it a Smart Idea to Cash Out? Cashing out equity from your property is not always a bad idea. It can be a smart decision if you have a specific plan for the funds, such as renovating your home or starting a business, and you have a good credit score and a steady income. The key to making the most of your equity is to use it wisely and avoid taking on more debt than you can handle. Make a plan to pay back the loan and factor in potential interest rate hikes, job loss, or unforeseen expenses. Cashing out equity from your property can be a smart financial move, but it's essential to weigh the pros and cons carefully. Take the time to consider your long-term financial goals, consult with a financial advisor, and estimate the cost and feasibility of your project before taking out a home equity loan. Remember, using your home as collateral is a serious decision, and your home is not just a financial asset but also your sanctuary. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

There’s no denying that houses can cost a fortune, which is why most people opt to take out a mortgage to finance their dream home. However, for businesses looking to acquire properties or expand their operations, commercial loans are often the go-to financing option. While both options involve borrowing money, why is it that commercial loans tend to have higher down payments and interest rates compared to home mortgages? In this blog, we’ll dive in and explore the reasons behind this discrepancy. Commercial Loans Require a Larger Down Payment Compared to home mortgages, commercial loans require a larger down payment, usually ranging from 20-30% of the total loan amount. This is due to the higher risk of default that comes with these loans. It is much easier for someone to walk away from a failed business than it is for them to abandon their home. Commercial lenders need to make sure that borrowers have skin in the game and are less likely to default on the loan if they have invested a significant amount of their own funds. Higher Interest Rates Another major reason why this type of loan often comes with higher interest rates is because of the increased risk level they represent. Commercial loans generally come with higher risk than home mortgages, which means that lenders charge higher interest rates to offset this risk. Furthermore, commercial loans typically have shorter repayment periods than home mortgages. Commercial loans require a higher payback rate, which increases the risk to the lender. The loan amount that is lent for commercial loans may also be larger than what is lent for home mortgages since it typically involves the purchase or expansion of a business. Therefore, lenders put higher interest rates in order to balance the risks involved. Creditworthiness Creditworthiness is also a significant factor in determining the interest rate. Unlike home mortgages, commercial loans require not only the business but the individuals related to it to submit their credit score. A borrower with a bad credit history will eventually be charged higher interest rates since his or her perceived risk is higher. Creditworthiness helps lenders determine how much interest they are going to charge since this will represent the risk associated with the borrower. The Economic Cycle Another factor that can influence the interest rates for commercial loans is what happens in the economy. Commercial lenders keep a sharp eye on the economic cycle, particularly when the economy is in the recession stage. Interest rates are higher when there is a recession, which makes borrowing more expensive for businesses. This is why it is always beneficial for borrowers to keep a lookout on the economic cycle to determine the appropriate time to get a commercial loan. Commercial loans have substantially higher down payments and interest rates compared to home mortgages and for good reason. Lenders face more risk when they approve commercial loans, making it important to offset this risk with larger down payments and higher interest rates. Lenders also take creditworthiness and the state of the economy into account when deciding on interest rates. At the end of the day, borrowers should carefully consider their financial situation and the risks involved before taking out any loan to ensure that they can make repayments on time. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

USDA lending zones play a significant role for those looking to purchase, develop, or refinance property. Understanding what USDA lending zones are and how they function can help home buyers, property owners, renters, and customers make informed decisions about real estate investments. In this comprehensive guide, we will explore everything you need to know about USDA lending zones. 1. What are USDA Lending Zones? USDA lending zones are geographical regions designated by the U.S. Department of Agriculture (USDA) that determine eligibility for a USDA Rural Development loan. These loans are designed to help prospective home buyers in rural areas purchase a home. However, the USDA lending zones extend beyond traditional rural areas and include certain suburban areas as well.The USDA divides regions into three categories: metropolitan, micropolitan, and rural. Metropolitan areas are excluded from eligibility for USDA loans. In contrast, micropolitan and rural areas are eligible for these loans. 2. How are Lending Zones Determined? USDA lending zones are determined based on population statistics, including income levels and economic activity. The USDA relies on the latest census data when making zone determinations. The data help the USDA assess a region's eligibility for a loan and its financial capacity to respond to economic activity, such as real estate investment and development. 3. Eligibility Qualifying for a USDA Rural Development loan in a USDA lending zone depends on various eligibility factors. These factors include credit history, income level, and debt-to-income ratio. Additionally, the property must meet certain parameters, such as being located within a USDA lending zone and meeting specific health, safety, and environmental standards. 4. Benefits of USDA Loans USDA loans offer various benefits. One of the primary benefits is that these loans have no down payment requirements, which can be especially advantageous for first-time home buyers. Additionally, USDA loans have flexible credit requirements and lower interest rates than conventional loans. USDA loans also allow for the financing of property repairs and renovation costs. USDA loans offer various benefits. One of the primary benefits is that these loans have no down payment requirements, which can be especially advantageous for first-time home buyers. Additionally, USDA loans have flexible credit requirements and lower interest rates than conventional loans. USDA loans also allow for the financing of property repairs and renovation costs. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

Looking to sell or rent out your commercial property? It can be a tough decision to make, but timing is everything. Listing your property at the right time and in the right way can make a big difference in how long it takes to sell or rent out your property and at what price. In this blog, we’ll go over some tips to help you know when and how to list your commercial property for the best results. 1. Timing is Everything: When to List Your Commercial Property One of the first things to consider is the timing of your listing. Like most things in life, timing is everything when it comes to listing your commercial property. A lot of external factors can impact the timing of your listing. For example, if the economy is doing well, there may be more buyers or renters in the market. On the other hand, if there’s a recession, there may be fewer people looking to purchase or rent. Additionally, consider seasonal factors that could impact your listing. Winter is usually a slower time for buying and renting in many regions, while the spring and summer months are typically busier. Be aware of both local and international events that could impact your listing, like conventions or major holidays. The timing of your listing can make all the difference in how quickly you find the right buyer or renter. 2. Prepping Your Property Before you list, you’ll want to take a good look at your property and make sure it is in the best condition possible. A clean, well-maintained property is more attractive to potential buyers or renters. Identify any needed repairs or cosmetic upgrades that need to be done. Make sure that all the systems, like electrical and plumbing, are in good working order. You may also consider staging your property to make it more appealing and help potential buyers or renters visualize the space. While it may cost a little extra money, it can be well worth the investment in a faster sale or rental at a higher price. 3. How to List Your Commercial Property Once you’ve determined the timing and prepped your property, it’s time to decide how you’re going to list your property. There are a variety of options available, depending on your goals and budget. For example, you can work with a commercial real estate agent, list your property on a commercial real estate website, or leverage social media to get more exposure. If you decide to work with a commercial real estate agent, make sure to choose someone with relevant experience and a good track record in your area. Agents can offer valuable insight into the market demand and pricing strategies that can help you get the best deal. 4. Setting the Right Price Pricing your commercial property can be one of the most challenging aspects of listing. It’s important to strike a balance between setting a fair price that will attract buyers/renters and maximizing your profit. Look at current trends in your area and price your property accordingly. Consider getting an appraisal of your property to help you set a fair price and don’t forget to factor in any repairs or upgrades you’ve made. Be aware of any emotional attachment you may have to the property and be willing to negotiate if necessary. Listing your commercial property can feel daunting, but with these tips, you can rest assured that you’re taking a strategic approach. From determining the right timing to setting a fair price, every step counts. By preparing your property, identifying the right listing strategy, and pricing it correctly, your commercial property can hit the market with a big impact. Happy Listing! Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

If you're seeking to buy, sell, or rent a commercial property, understanding how the property value is assessed is crucial. The value of a commercial property depends on several factors. Some include comparative sale value, construction cost, and capitalization rate. These aspects help not only property owners but also buyers and renters to know what makes a commercial property a good investment. In this blog post, we break down the three key components of a commercial property's value, how they work, and why they matter. Comparative Sale Value: The first and most commonly used valuation method is the Comparative Sale Value (CSV). It is the assessment of a property value by comparing it to sales data from similar properties in the same location. It analyzes the prices of recently sold similar buildings, appraisers can estimate the current value of a property. Thus, if a property is in a highly desirable area, its value will likely be higher, and vice versa. A property's condition, location, and features are considered when performing CSV. It can be an ambiguous method because standardizing properties is not easy. Additionally, some differences that add value may not be visible. Construction Cost: The second aspect of property valuation is construction cost. This method calculates the value of the property by totaling the costs associated with construction. While calculating the construction cost, property appraisers consider the type of materials used, the labor cost, and the time needed. Construction cost valuation is often used for newly built properties since their depreciated value isn't yet being considered. The older a building is, the more depreciated it becomes because of the passage of time, which affects its worth. Capitalization Rate: The third valuable metric is the capitalization rate, also known as CAP rate. This method sets the value of an investment property by dividing the net operating income by its price. The net operating income refers to the potential yearly income that the property generates. From market rent and extra income from the property's amenities, less any operating expenses. In short, CAP rate reflects the opportunity cost you can incur by investing in a single property. A lower cap rate means better investment opportunities. Location, Location, Location: While all three metrics mentioned above play an essential role in determining the value of a commercial property, location is the icing on the cake. Regardless of the property's age and condition, it's difficult to value it correctly if it's not situated in a good location. A commercial property located at the right place and in the right market is going to be worth more. It guarantees better traffic, customers, and profitability. An appraiser will always keep in mind the location's potential growth when determining the final value of a property. In summary, the three aspects of valuating commercial properties are Comparative Sale Value, Construction Cost, and Capitalization Rate. An understanding of these metrics is crucial when buying or renting commercial properties. The location of a property can make a vast difference in its value, but these other factors also impact the price. Take these key aspects into consideration when making commercial property investments. Owners, renters, and buyers can make informed decisions on which properties to invest in. Always remember, commercial property is an excellent source of investment, and keeping an eye on its value is always essential. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

Whether you're a property owner looking to sell or a buyer searching for the perfect space, navigating the world of commercial real estate can be daunting. The stakes are high, and there are countless factors to consider. From location and zoning regulations to tenant placement and financing, it can be difficult to know where to start. But fear not, we've got you covered. In this article, we'll walk you through some important things to keep in mind as you prepare to buy or sell commercial property. 1. Location, Location, Location: One of the most important factors when it comes to commercial property is location. Is the property in a highly trafficked area? Is it near public transportation? Are there any new developments that may impact the property's value? These are all questions you should consider when looking to buy or sell. If you're a buyer, you'll want to make sure the location is right for your business. Does it attract the right kind of customers? Is it accessible to your employees? On the other hand, if you're a seller, highlighting the location's perks can make a big difference in attracting potential buyers. 2. Zoning Regulations: Zoning regulations can have a big impact on the use of a property. Before you buy or sell, it's important to make sure the intended use is allowed in the area. You don't want to end up with a property that can't be used for its intended purpose. If you're a seller, providing information about the zoning regulations in the area can help attract potential buyers. On the other hand, if you're a buyer, it's important to do your due diligence and make sure the property can be used for your intended purposes. 3. Tenant Placement: If you're buying a property that already has tenants, it's important to consider the current lease agreements. Are the rents at market value? Are the leases expiring soon? Will you need to find new tenants? Similarly, if you're a seller, highlighting the quality of your current tenants can make a big difference in attracting potential buyers. Make sure you have accurate and up-to-date information about the current leases and tenant satisfaction. 4. Financing: Financing is always a concern when buying or selling commercial property. It's important to work with professionals who have experience in commercial lending. You'll want to make sure you're getting the best rates and terms possible. If you're a buyer, be sure to have all your financial information in order before you apply for any loans. If you're a seller, make sure you have all the necessary documentation and information available for potential buyers. 5. Risks and Rewards: Finally, it's important to consider the risks and rewards of buying or selling commercial property. Investing in commercial real estate can be a great way to generate income, but it's not without its risks. Make sure you're prepared for the work and responsibility that comes with owning commercial property. If you're a seller, make sure you're aware of the value of your property and what kind of return on investment you can expect. If you're a buyer, consider the potential for growth and income generation in the area. Buying or selling commercial property can be a complex process, but with the right information and resources, it can also be a rewarding one. Whether you're a seasoned investor or just starting out, be sure to consider the location, zoning regulations, tenant placement, financing, and risks and rewards before making any big decisions. By taking the time to do your research and work with experienced professionals, you'll be on your way to success in the world of commercial real estate. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

Looking for a reliable and knowledgeable Knoxville, TN realtor? You want someone who is experienced and trustworthy. Shawn Wilmoth REALTOR® is the perfect choice for all your property needs. Having years of experience under his belt, he knows the ins and outs of the local market. Helping you find your perfect home or investment property. Explore the benefits of having Shawn Wilmoth as your ideal Knoxville, TN realtor. Expert Knowledge of the Local Market One of the key advantages of having Shawn Wilmoth as your REALTOR® is his in-depth knowledge of the local market. He is well-versed in current trends and stats. Enabling him to provide an accurate picture of the current market conditions. Additionally, his ability to analyze data and make expert predictions help the process. This will help you make informed decisions about your property in Knoxville, TN. Customized Property Search Shawn Wilmoth understands that each client has different needs and requirements when it comes to finding a new home. Working closely with you to understand your preferences and priorities. Additionally, budget to create a customized property search that meets your specific needs. Whether you’re a first-time homebuyer or a seasoned investor, Shawn will help you find the right property that fits your budget and lifestyle. Expert Negotiation Skills Buying or selling a property involves a lot of negotiation. Shawn Wilmoth has excellent negotiation skills and can help you get the best deal possible. Understand the value and worth of every property and will negotiate on your behalf to ensure that you get a fair price. Additionally, his experience in the industry has led him to develop strong relationships with other professionals in the field. Exceptional Client Services Shawn Wilmoth REALTOR® is dedicated to providing exceptional client services. He believes in building long-term relationships with his clients and is committed to exceeding their expectations. Whether you’re buying your first home or selling a property, he will be there for you every step of the way. His excellent client services set him apart from the rest, making him the ideal choice. Shawn Wilmoth is the perfect choice for anyone looking for expert advice and assistance in the Knoxville, TN real estate market. With his extensive knowledge of the local market, his customized property search, and his excellent negotiation skills, he can help you get the best deal possible. His exceptional communication skills and dedication to client service make him the ideal choice for all your property needs. Don’t hesitate to reach out to Shawn Wilmoth today to get started on your property journey! Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

Are you looking for a reliable realtor who can help you get your dream commercial property in Jefferson City, TN? Look no further because Shawn Wilmoth REALTOR® is here to help you. With his vast experience in the industry, he can provide you with essential insights and guidance that will help you make informed decisions. In this blog post, we explore the world of Shawn Wilmoth REALTOR® and highlight some of the reasons why you should consider working with him. 1. A Proven Track Record in the Industry Shawn Wilmoth REALTOR® has a wealth of experience in the real estate industry, spanning over a decade. His track record in the industry speaks for itself, and his knowledge of the market is unparalleled. He has helped numerous clients buy, rent, or sell property, and has a reputation for delivering results. Additionally, with his keen eye for detail, he can help you find the perfect commercial property to suit your needs. 2. Unmatched Professionalism One of the qualities that sets Shawn Wilmoth REALTOR® apart is his professionalism. He is dedicated to exceptional customer service, and his communication skills are second to none. Making sure to listen to your needs and requirements, and work tirelessly to ensure your satisfaction. As a seasoned professional, he knows how to handle complex real estate transactions and will ensure that every aspect of the process goes smoothly. 3. Extensive Local Knowledge Shawn Wilmoth REALTOR® has lived and worked in Jefferson City, TN, for years. He has extensive local knowledge of the market and can help you find the best commercial properties in the area. He knows the neighborhoods, the market trends, and the local businesses. With his expertise, you can rest assured that you are making an informed decision about your commercial property investment. 4. Flexible and Adaptable to Your Needs Shawn Wilmoth REALTOR® understands that every client has unique needs and requirements. He is flexible and adaptable and will work with you to customize a plan that suits your specific needs. He has experience working with clients, from first-time buyers to seasoned investors. Providing you with personalized attention and guidance every step of the way. 5. A Passion for Real Estate Last but certainly not least, Shawn Wilmoth REALTOR® is passionate about real estate. He loves what he does, and it shows in his work. Always committed to providing quality service to his clients and takes pride in helping them achieve their real estate goals. He has a deep understanding of the industry and enjoys sharing his knowledge with his clients. In conclusion, Shawn Wilmoth REALTOR® is a seasoned professional who can help you easily navigate the complex world of commercial real estate. His extensive local knowledge, proven track record, and unmatched professionalism make him the go-to realtor for all your commercial property needs. With his personalized attention and flexible approach, you can trust him to help you make informed decisions about your real estate investment. So, if you're looking for a real estate expert who will go the extra mile for you, look no further than Shawn Wilmoth REALTOR®. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

At the heart of Tennessee lies Oak Ridge, a picturesque city popular for its rich history, lively community, and job opportunities. Whether you're a home buyer, renter, or visitor seeking adventure, Oak Ridge offers so much! It's stunning scenery, and welcoming ambiance makes it an ideal place to call home. In this blog, we will delve into what living in Oak Ridge, Tennessee is like. Let's dive in! EMPLOYMENT If you're looking to start or grow your career, Oak Ridge could be the place for you! The city is the core of a region known as the "Innovation Valley." It is a hotbed for cutting-edge technology firms, research institutions, and start-ups. Some of the major employers in the area include the U.S. Department of Energy and Oak Ridge National Laboratory. Apart from excellent job opportunities, Oak Ridge has affordable living costs, quality healthcare, and excellent education systems. THINGS TO KEEP BUSY Oak Ridge is home to an array of activities that will keep even the most adventurous person occupied. The city has everything from outdoor activities to educational attractions, museums, restaurants, and shopping. If you love the outdoors, Oak Ridge has over 16 parks, including the beautiful Melton Hill Lake and Haw Ridge Park. Fans of science can visit the American Museum of Science and Energy. Additionally, history buffs can explore the city's historic sites and museums. Some included are the Oak Ridge History Museum and the Y-12 History Center. You can also indulge in delicious meals at the city's several restaurants before browsing through the shopping boutiques. EXTRAORDINARY SCENERY Oak Ridge has some of the most breathtaking scenery in the country. The city is surrounded by magnificent mountain ranges and freshwater lakes, making it ideal for nature lovers. You can go fishing, kayaking, or swimming on the beautiful Melton Hill Lake. Also, take a drive through the iconic Dust to Dawn Drive. You'll also love the scenic hike at Haw Ridge Park. It offers several trails that meander through the woods and along the ridges. A LITTLE BIT OF HISTORY Oak Ridge has a rich and fascinating history. The city was founded in 1942 as part of the U.S. government's Manhattan Project during World War II. At the time, the federal government built a government-owned energy facility to produce enriched uranium that was used in the first atomic bomb. The city was a secret city until 1949, and up until then, it was populated solely by lab engineers and scientists. Today, Oak Ridge is a thriving community that cherishes its history and heritage. Living in Oak Ridge, Tennessee is a delightful experience. With its abundant job opportunities, endless activities, scenic beauty, and rich history, it's easy to see why people love to call it home. Whether you're looking to buy a home, rent, or visit, Oak Ridge is a city that caters to all. So, pack your bags, and make sure to stop by Oak Ridge, the city with a charming community, fascinating history, and endless adventures. Contact Shawn Wilmoth REALTOR® today for help finding exactly what you're looking for. www.shawnwilmoth.com

Realtor.comIf you missed out on the first two missile silos that recently came on the market in Nebraska, you’re in luck. There’s now a third missile silo up for sale in the state. And someone interested in Cold War history should nab it.Listing agents Polly and Mike Figeuroa, both with BancWise Realty, have found an unlikely niche in Atlas-F missile silo sales.“Sometimes you find a niche. Sometimes they find you,” says Mike. He and his wife have listed three former missile silos this year.“When we look back to April of this year, we didn’t even know that these missile silos existed, and now we’ve become the Nebraska experts on Atlas-F missile silos,” he says.This silo is on over 9 acres in Elmwood and is listed for $800,000. But it probably won’t be available for long.Exterior Mike & Polly Figueroa Silo sitesMike & Polly Figueroa The first silo was sold in about 12 days. The second silo found a buyer in about six days.“We got that first call and learned a little bit about Atlas-F missile silos here, not realizing there were 12 of them within a 60-mile radius of Lincoln,” Mike says. “Then thinking that one was an anomaly, then getting two, we thought, wow, lightning struck twice. And the day before that closed, we got a call for the third.”Launch doorsMike & Polly FigueroaDecommissioned missile sitesThe U.S. government decommissioned the Atlas-F sites in 1965. While operational, the missile itself was in a vertical silo that was connected by a 40-foot tunnel to an adjoining control center that had living spaces.This property has a large building with about 3,200 square feet of finished space. Inside, there is a space that can hold up to 300 people with a commercial kitchen and two bathrooms.“This one was a salvage yard for many years that has since been cleaned off. The land has been used and is permitted as an outdoor gun range,” Mike explains. The building has been used “a little bit as a community preparedness training facility where they teach people about canning foods and supplying in case of emergency.”BuildingsMike & Polly FigueroaInteriorMike & Polly FigueroaBut the missile silo and event space attract the most attention.“It’s in really bad shape, and other than salvage, really nothing has been touched since it was decommissioned in 1965. It still has kind of the skeleton of the launch command center. You can see the walls, the partitions, the bathroom, the area where the kitchen used to be, and kind of the outline of where the bunk area was.”The silo itself is in worse shape. It’s been filled with lots and lots of tires.“It has 70,000 tires in it in addition to 125 feet of groundwater,” Mike explains, adding it won’t be an easy task to remove the tires.“Lifting the silo doors open again is a task because of the weight of those. They used to have giant hydraulic motors and lifts on them, but those were removed when they were decommissioned,” he says.Each door weighs about 90 tons.“When this was a salvage yard, one of those doors was open and apparently trucks would back up to it and dump tires in it,” he says. The door has since been closed because of liability concerns.Launch command centerMike & Polly FigueroaWhile the property isn’t zoned residential, Figueroa notes that it’s a possibility.“It could easily be modified and turned into a residence, or at least to a point where somebody could stay there if they wanted to work on the project of cleaning out the launch command center and making it a livable structure.”Several people have already shown an interest in the property. And Mike is also prepared to field more phone calls about listing silos for sale.“You never know. There are nine more near Lincoln,” he adds.StairsMike & Polly FigueroaThe post This One’s the Charm: Third Atlas-F Missile Silo Blasts Onto the Market in Nebraska for $800K appeared first on Real Estate News & Insights | realtor.com®.

Growing East Tennessee It is no secret that east Tennessee and the Knoxville   area is growing.  Folks from cities all over the country are looking for more peaceful areas with less crime and fresher air.   As cities like Knoxville grow, areas surrounding become hot spots for residential growth.  And, with residential growth comes new business opportunities.     There is also something to be said about the area and how one can experience all four seasons.  Mild winters are a draw for those fleeing the freezing tempatures of some of the northern states.  Commercial Property Available  Located in beautiful New Market, Tennessee, this viable commercial property is ready for the right owner to reestablish a business and conduct commerce.   This property has over 200 feet of road frontage on state Highway 11E with a crossover at one end of the lot for easy access. Once used as a gas station, a block plant and a car dealership this commercial real estate has many options for future use.  Several outbuildings are about the property as well. Two recently inspected and approved fuel tanks are located on the property and ready for use.  New Market is a growing community but no so much that there are a lot of restrictions.  Highway 11E also known as Andrew Johnson Highway which this property adjoins is a daily travel route for commuters heading to Knoxville to the west or to Morristown to the east. Other properties along this stretch of highway have developed over the past few years and  are now several businesses around and near the property such as Family Dollar Stores, Service electric and a kidney dialysis center.       This commercial property is just 20 miles from Knoxville, which is not only one of the fastest growing cities in the United States but it also the third largest city in the state.  The property is just 15 miles from Morristown, Tennessee.  Morristown is a city known for being one of the largest, if not the largest, industrial hubs in the state. And, last, but not least New Market is less than 30 miles from Sevier County.  Sevier County consists of Pigeon Forge, one of the most visited entertainment cities in the United States.  And, also Gatlinburg, which is the entrance to the Great Smoky Mountains National Park.  Other properties along this stretch of highway have developed over the past few years and  are now several businesses around and near the property such as Family Dollar Stores, Service electric and a kidney dialysis center.        This area of east Tennessee and the New Market is a growing area with great opportunities for business or investment.  Don’t let this one get away.   It help to have an experience commercial realtor to make the process go smoothly.  Contact Shawn Wilmoth today for more information or for a showing on this commercial property.