19787 Alberta StOneida, TN 37841

Property Details for 19787 Alberta St

Year built

1986

Lot size

0.30 AC

Property size (Sq ft)

5,200 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

076041O A 03000

APU

076041OA03000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $1,311,490

  6.5%

  $1,210,606

  7%

  $1,124,134

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,113,879

  Geo Method

  $1,127,992

• Alternative Use

  Use

  Valuation

  Residential

  $1,021,191

  Hospitality

  $935,406

  Educational

  $778,247

  Medical

  $805,012

  Retail

  $1,210,606

Location Insight

City

Oneida

County

Scott

State

Tennessee

Latitude

36.5156

Longitude

-84.5074

Property Tax & Assessments

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