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    19787 Alberta St Oneida, TN 37841

    Sponsored
    For Sale
    $1,800,000

    Turn-key restaurant, 4,989 SF, 1.28 acres

    Property size:
    4,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 19787 Alberta Street in Oneida, Tennessee, presents a unique investment opportunity. The 4,989 square foot building sits on a spacious 1.28-acre lot, offering ample parking and excellent visibility. Currently operating as a turn-key restaurant, the property includes a fully equipped kitchen, ready for immediate operation. Its strategic location on Highway 27 North, directly across from a Wal-Mart Shopping Center, ensures high traffic and strong customer visibility. The established, long-term business offers a proven track record and immediate revenue potential. The property's substantial lot size provides significant expansion possibilities or the potential for additional development. The asking price for this remarkable commercial property is $1,800,000. This is a rare chance to acquire a thriving business with significant growth potential in a desirable location. The property's prime highway frontage and proximity to a major retail anchor make it an ideal investment for both seasoned entrepreneurs and new business owners. Don't miss this opportunity to own a piece of Oneida's thriving commercial landscape. The zip code is 37841, and the property is situated in Scott County.

    Property Features for 19787 Alberta St

    General Information

    Property type
    Land
    Square Feet
    4,989 SF
    Lot Size
    55,757 SF

    HighLights

    • $1,800,000 asking price.
    • Retail and land property totaling 4,989 square feet.
    • 1.28‑acre lot size.
    • Located at 19787 Alberta Street, Oneida, TN 37841.
    • Turn‑key restaurant with fully equipped kitchen and ample parking.
    • High‑traffic location on Hwy 27 North, across from a Walmart Shopping Center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Preston's Steakhouse Steak House

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Oneida
    County
    Scott
    State
    Tennessee
    Longitude
    -84.507574
    Latitude
    36.5156849

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      18850 Alberta St, Oneida, TN 37841

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    FAQs

    What type of property is this?
    Land - Turn-key restaurant, 4,989 SF, 1.28 acres
    Where is this land located?
    The property is located at 19787 Alberta St Oneida, TN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price.; Retail and land property totaling 4,989 square feet.; 1.28-acre lot size.
    Request Owner's contact information
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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
    19787 Alberta St Oneida, TN 37841
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