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    813 Willson St Niota, TN 37826

    For Sale
    $259,900

    Spacious Mixed-Use Building with Apartment

    Property size:
    3,009 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use property located at 813 W Willson Street, Niota, Tennessee, presents a lucrative investment opportunity. Boasting a substantial 3,009 square feet on a 1.21-acre lot, this building offers a diverse range of income-generating spaces. The property includes a large warehouse, ideal for various commercial uses or personal projects such as car repair. In addition to the warehouse, there are fifteen storage bays of varying sizes, providing ample rental potential. Currently, a one-bedroom apartment, complete with a kitchen, living room, and shower bathroom, is occupied by a tenant, generating immediate rental income. Please allow ample notice for showings to respect the tenant's privacy. The combination of warehouse space, numerous storage units, and a rental apartment creates a versatile property with multiple avenues for revenue generation. The size and layout of the storage units and warehouse make them easily rentable, offering flexibility for both business and personal use. This property is well-suited for entrepreneurs seeking a multi-faceted investment with immediate return and significant growth potential. The property's location in Niota, Tennessee, offers a strategic advantage for accessing regional markets and establishing a thriving business. The substantial size of the property, combined with its diverse income streams, makes this a truly unique and attractive investment opportunity.

    Property Features for 813 Willson St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,009 SF
    Lot Size
    52,708 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Garden Center Cafe & Coffee Shop Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Niota
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.55789
    Latitude
    35.50909

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Mixed-use property - Spacious Mixed-Use Building with Apartment
    Where is this mixed-use property located?
    The property is located at 813 Willson St Niota, TN.
    What is the asking price?
    The asking price for this property is $259,900.
    (423) 453-5722
    Request Owner's contact information
    813 Willson St Niota, TN 37826
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    813 Willson St Niota, TN 37826
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