20064 Alberta St Oneida, TN 37841
This exceptional 10.77-acre commercial property presents a significant investment opportunity in Oneida, Tennessee. Strategically located on Highway 27 North (Alberta Street), this parcel boasts 150 feet of road frontage within the city limits, enjoying high visibility and accessibility. The property comprises two parcels: a 2.27-acre front parcel (Parcel 006.00) zoned C-2 Commercial, featuring an existing home (value not included in asking price), and an 8.50-acre rear parcel (Parcel 094.00) zoned residential. The parcels are connected by an approximately 80-foot access point. This prime location is situated in Oneida's bustling business district, proximate to restaurants, Walmart, banks, and other amenities. The daily traffic count on Highway 27 is 8,705 vehicles. Utilities are available on-site, and standing timber is present. The property's proximity to major roadways and its location less than a quarter-mile from Walmart, UCB Bank, City Hall, and a shopping center, make it ideal for various commercial developments. Oneida's growth trajectory further enhances the investment potential. The property is approximately 60 miles southeast of Knoxville and 6 miles from the Kentucky state line, offering access to Big Southfork National Park. All information should be independently verified by the buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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