Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    539 Hwy 309 Lot 1 Niota, TN 37826

    View on Map
    For Sale
    $250,000

    LAND - Niota, TN

    Lot size:
    1.54 Acres
    Added:
    Feb 10, 2026
    Days on Market:
    50
    Last Refresh:
    Apr 1 at 4:06 pm

    Property Features for 539 Hwy 309 Lot 1

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    026-039.02
    Lot size
    1.54 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank, Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Donna Southerland
    Donna Southerland

    Listing agent Donna Southerland License #350527

    Listing office Keller Williams - Athens 1607 S Congress Parkway, Athens, TN

    Listing date Feb 10, 2026

    MLS# 20260699

    Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land at I-75 Exit

    This 1.54-acre commercial land is located at Exit 56 on I-75 N. The property offers high visibility and easy access, making it suitable for various commercial uses. Potential uses include retail, office, service, storage, or development. The site is positioned to capitalize on traffic and exposure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Center Auto Repair Shop Department Store Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Niota
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.563862
    Latitude
    35.543446

    Nearby Similar for Sale

    • $399,900

      Unrestricted Land with Mountain Views

      54.88 acres with multiple building sites and city water.
      County Road 293, Niota, TN 37826
      View Details
    • $399,900

      Unrestricted Land with Mountain Views

      54.88 acres with mountain views and city water.
      County Road 293, Niota, TN 37826
      View Details
    • $27,900

      Unrestricted Land in Niota, TN

      0.55 acre lot, build or place manufactured home.
      220 County Road 265, Niota, TN 37826
      View Details
    • $299,000
      3,150 SF

      Niota Commercial Building For Sale

      Commercial building in historic Niota, TN, with multiple possibilities.
      204 E Main Street, Niota, TN 37826
      View Details
    • $27,900

      Unrestricted Land in Niota, TN

      0.55 acre lot, build or manufactured home allowed.
      220 County Road 265, Niota, TN 37826
      View Details
    • $59,900

      Unrestricted Land in Niota, TN

      Unrestricted land with water meter, septic permit, and driveway.
      154 County Road 295, Niota, TN 37826
      View Details
    • $59,900

      Unrestricted Land in Niota, TN

      Unrestricted 0.81-acre lot with water meter and septic permit.
      154 Co Rd 295, Niota, TN 37826
      View Details
    • $297,200

      18 Acres of Versatile Land

      18-acre tract near I-75, ideal for building or farming.
      County Road 334, Niota, TN 37826
      View Details
    • $174,900

      16.14 Acres in Niota, TN

      Land with mountain views, pond, and convenient location.
      782 County Road 279, Niota, TN 37826
      View Details
    • $120,000

      Buildable Lot with Mountain View

      1.90-acre corner lot ready to build with utilities.
      735 County Road 350, Niota, TN 37826
      View Details
    • $50,000

      Residential Land in Niota, TN

      1.87-acre build site in Dogwood Subdivision, near I-75.
      County Road 321 lot: 1 & 2, Niota, TN 37826
      View Details
    • $51,000

      Ready-to-Build Lot in Niota

      0.77 acre lot, utilities available, build-ready opportunity.
      County Rd. 262 Lot 6, Niota, TN 37826
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.54 acres of commercial land with high visibility.
    Where is this commercial land located?
    The property is located at 539 Hwy 309 Lot 1 Niota, TN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Prime commercial ground at I‑75 Exit 56, offering exceptional visibility and access.; 1.54 acres of land, a rare opportunity at a major interstate exit.; High traffic location ideal for retail, office, service, storage, or development.
    (423) 599-2558
    We can help!
    Listing Contact
    Donna Southerland
    Donna Southerland
    Real Estate License ID: 350527
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!