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

    7.3 Acres Athens Road Calhoun, TN 37309

    View on Map
    For Sale
    $250,000

    LAND - Calhoun, TN

    Type:Single Family Residence
    Lot size:
    7.30 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    41
    Last Refresh:
    Apr 9 at 10:06 am

    Property Features for 7.3 Acres Athens Road

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    016 004.00
    Lot size
    7.30 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1718

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Water source
    Well

    We can help!

    Listing Contact
    Cindi Richardson

    Listing agent Cindi Richardson License #274052

    Listing office Richardson Group 4410 N Ocoee St, Cleveland, TN

    Listing date Feb 27, 2026

    MLS# 20260996 Listing URL

    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

    Spacious Calhoun Land Parcel

    This 7.3-acre parcel offers a blend of open pasture and mature trees, creating a private setting. The property features road frontage and a gentle layout, providing multiple potential building sites. The property backs up to a creek suitable for fishing or kayaking. A private well and septic tank are already in place, and the land has been surveyed. The surroundings are quiet with scenic views. The lot is located next to 642 Athens Road and does not yet have an official address. Please use 642 Athens Road for GPS reference. It is located in Calhoun, Tennessee, in Polk County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Calhoun
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.7635
    Latitude
    35.3844

    Nearby Similar for Sale

    • $729,900
      3,910 SF

      Versatile Commercial Property on Highway 11

      Former restaurant suitable for retail, office, or other commercial ventures.
      5119 Highway 11 S, Calhoun, TN 37309
      View Details
    • $75,000

      Unrestricted Land in Calhoun, TN

      2.25-acre tract for custom home or investment build.
      176 County Road 733, Calhoun, TN 37309
      View Details
    • $372,000

      31 Acres Wooded Land Calhoun

      31-acre wooded property in Calhoun, Tennessee, near I-75.
      338 County Road 41, Calhoun, TN 37309
      View Details
    • $225,000

      Secluded Land with Tiny Home

      12.91-acre property with tiny home near I-75.
      Calhoun, TN 37309
      View Details
    • $135,000

      Hiwassee Riverfront Land Opportunity

      0.82 acre surveyed lot ready for building near Hiwassee River.
      County Road 950 lot: 4, Calhoun, TN 37309
      View Details
    • $1,250,000

      Unrestricted Land in Calhoun, TN

      109 acres of unrestricted rural land with development potential.
      County Road 956, Calhoun, TN 37309
      View Details
    • $739,500

      Acreage Tract Near Hiwassee River

      Large land tract with utilities and creek near Hiwassee River.
      State Highway 163 lot: 2, Calhoun, TN 37309
      View Details
    • $666,900

      41.31 Acres in Calhoun, TN

      Large acreage tract with utilities and road frontage near I-75.
      State Highway 163 lot: 3, Calhoun, TN 37309
      View Details
    • $4,050,000

      252 Acres Industrial Land Calhoun

      252.38 acres of industrial land with utilities in Calhoun, TN.
      State Highway 163 lot: 1, Calhoun, TN 37309
      View Details
    • $1,292,960

      Acreage Tract Near Hiwassee River

      Large land tract with utilities and creek near I-75.
      State Highway 163 lot: 5, Calhoun, TN 37309
      View Details
    • $1,916,800

      Large Acreage Tract in Calhoun

      119.8 acre land tract with utilities and creek.
      State Highway 163 lot: 4, Calhoun, TN 37309
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 7.3 acre parcel with pasture, trees, and creek.
    Where is this residential land & home lot located?
    The property is located at 7.3 Acres Athens Road Calhoun, 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: Private well and septic tank already installed, saving significant time and expense.; Creek access for fishing and kayaking, providing recreational opportunities.; Open pasture and mature trees offers a private and picturesque building environment.
    (423) 790-7979
    We can help!
    Listing Contact
    Cindi Richardson
    Real Estate License ID: 274052
    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!