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    1303 Frye St Athens, TN 37303

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    For Sale
    $975,000

    9,200 SF medical building with 42-bed capacity on 2.29 acres.

    Property size:
    9,216 SF
    Lot size:
    2.29 Acres

    Property Features for 1303 Frye St

    General Information

    Size
    9,216 SF
    Lot size
    2.29 Acres

    Source: Coldwell Banker Kinard Realty Agent Shawn Matthews

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Medical Zoned Building For Sale

    This 9,200 square-foot building is zoned for medical use and currently operates as a group home with a capacity for 42 beds. Situated on a 2.29-acre parcel, the property is located near Star Medical in Athens, TN. The building is fully equipped with a sprinkler system, updated as of 2022, and is in above-average condition. The layout, as shown in the floor plan, allows for potential division to accommodate multiple tenants. AC systems have been updated. The property includes over 40 paved parking spaces. Additionally, the building features a second floor that provides extra storage, a restroom, and workspace, which are not included in the quoted square footage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Functional Rehab Specialists Physical Therapy Clinic

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    TerraBella Athens

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.611152
    Latitude
    35.442546

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    FAQs

    What type of property is this?
    Senior housing facility - 9,200 SF medical building with 42-bed capacity on 2.29 acres.
    Where is this senior housing facility located?
    The property is located at 1303 Frye St Athens, TN.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Medical zoning and proximity to Star Medical of Athens TN.; - Operating group home with **42-bed capacity/occupancy**.; - **9200 sq. ft. building on 2.29-acre parcel**.
    (423) 284-3233
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    Realmo Value Estimation

    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.

    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.

    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
    1303 Frye St Athens, TN 37303
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