27N Alberta Rd - Hwy Oneida, TN 37841
- Retail properties
- 19.39 lot acres
Current Use by Public Records
- Retail properties
Property Details for 27N Alberta Rd - Hwy
- Lot size
- 19.39 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 19.39-acre commercial development site presents a rare opportunity in Oneida, Tennessee. Located on Alberta Road (US Highway 27 North), this property boasts 1,017 feet of prime frontage along a major north-south thoroughfare, experiencing a daily traffic count of 8,705 vehicles. The site's strategic hilltop location ensures exceptional visibility from both northern and southern approaches, maximizing exposure for any development. Approximately one-third of the land is level, simplifying construction, while utilities are readily available at the property line, facilitating a seamless development process. The property is zoned C-1, offering flexibility for a variety of commercial uses. The site's location within the town of Oneida, a community experiencing growth, offers access to a population of approximately 3,752 (2013 census) and benefits from a cost of living 23.6% below the national average. The area features existing amenities such as a Walmart, while the town actively seeks additional retail options, including a grocery store. The property's proximity to the Big South Fork National River and Recreation Area adds to its appeal, attracting both local and tourist traffic. This is an ideal location for a variety of commercial ventures, with no competing development immediately adjacent. The asking price for this remarkable opportunity is $418,500.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oneida
- County
- Scott
- State
- Tennessee
- Longitude
- -84.523
- Latitude
- 36.4941
