HWY 27N ALBERTA RD VACANT LAND FRONTAGE

Vacant Land for Sale
Also listed as Office, Retail-Commercial
Catylist Listing ID: 29924045
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 19.40 Acres
Sale Price: $418,500
Unit Price: $21,572 Per Acre
Land Splits Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/17/2021

Overview / Comments

1,017 feet of level frontage on the main North/South thoroughfare, Alberta Rd (Hwy 27) of Oneida, TN. Daily traffic count is 8,705 vehicles. Utilities available at site. Entrance to property at grade. Site is a hill crest with high visibility from northern and southern approaches. No competing development adjacent to the site. 50' of frontage on Grape Rough Road suitable for cell tower.

Attachments & Media

Financials

Finance Data Year 2016
Assessed Value - Total($) $97,000 (Annual)
Real Estate Taxes - Annual($) $1,575 (Annual)

Additional Details

Nearest MSA: Knoxville
County: Scott
Tax ID/APN: 041 032.00 and 041 028
Zoning: C-1 / COMMERCIAL/HIGHWAY
Property Located Between: North of Grape Rough Road on Alberta Road (HWY 27)
Property Visibility: Excellent
Largest Nearby Street: Alberta Road (US 27)
Feet of Frontage: 1,017
Traffic/Vehicle Count: 8,705
Highway Access: Alberta Road (US Hwy 27 North)
Airports: Scott County Municipal
Site Description: 19.395 Acres fronting US Hwy 27 (Alberta Rd) within the Town of Oneida with access at road grade. Utilities at property. Approximately 1/3 of the site is level. Atop a gentle rise of Hwy 27, making the parcel visible at a distance from its northern and southern approaches. Historic US Hwy 27 runs from Michigan to near Miami, Florida. Oneida is in Scott County, Tennessee. The population of Oneida was 3,752 at the 2013 census. Oneida population and housing starts to continue to grow albeit at rates typical for a mostly rural area. Cost of living is 23.6% less than the national average. The town has a Wal-Mart. The City would welcome a grocery store. The two existing motels on Alberta Rd are dated. Oneida is in close proximity to the Big South Fork National River and Recreation Area.
Area Description: Alberta Road (US Hwy 27 North), Oneida, Tennessee 37841 is on the north side of the Town of Oneida. Traveling north from the Town Center, the site is an unfenced grass covered frontage, wooded at rear, on the left just north of the North Town Strip Mall. Vehicle access and parking is visible from the road at south of the frontage.
Lot Frontage: 1017.34
Lot Depth: 900 ft.+
Zoning Description: C-1 / Commercial/Highway
Topography: Level
Easements: Other
Easements Description: 70 feet of frontage is subject to future highway construction.
Available Utilities: Electric, Water, Sewer, Cable, Broadband
Water Service: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,759 8,383
Median Age: 38.21 37.83
Households: 1,974 3,367
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