Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Calhoun Commercial Property For Sale Title is generated by Realmo AI

    1486 Athens Rd, Calhoun, TN 37309

    View on Map
    Claim this Listing
    New
    For Sale
    $149,900

    COMMERCIAL - Calhoun, TN

    Property size:
    1,200 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $124/SF
    Added:
    May 22, 2026
    Days on Market:
    3
    Last Refresh:
    May 24 at 4:06 pm

    Property Features for 1486 Athens Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    20
    Standard status
    Active
    APN
    008 010.01
    Size
    1,200 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Heat Pump (Heating), Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Cement Siding

    We can help!

    Listing Contact
    Barbara Ratledge

    Listing agent Barbara Ratledge License #368502

    Listing office East Tennessee Properties, LLC 521 S Congress Parkway, Athens, TN

    Listing date May 22, 2026

    MLS# 1342054

    Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Picturesque mountain views and serene open landscapes create a relaxing environment.
    • Ideal for business retreat, event venue, vacation rental, or private commercial enterprise.
    • Easy access to nearby highways and surrounding communities.
    • Tranquil atmosphere and scenic rural surroundings.
    • Existing building is positioned to take advantage of the mountain backdrop.
    • Gentle land layout offers versatility for a variety of commercial uses.

    Overview

    Located in the countryside of Calhoun, at 1486 Athens Road, this commercial property offers a blend of natural beauty, privacy, and convenience. The property is surrounded by rolling mountain views, mature trees, and open landscapes, creating a setting suitable for a business retreat, event venue, vacation rental opportunity, or private commercial enterprise. The tranquil atmosphere is enhanced by the scenic rural surroundings. The existing 1,200 square foot building is positioned to take advantage of the mountain backdrop and peaceful country setting. With access to nearby highways and surrounding communities, the property combines seclusion with accessibility. The 1-acre land features a gentle layout with natural surroundings that offer charm and versatility for a variety of commercial uses. The property is located in Polk County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Map

    City
    Calhoun
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.66932
    Latitude
    35.257786

    FAQs

    What type of property is this?
    Wedding venue - Commercial property in Calhoun, Tennessee, suitable for various business ventures.
    Where is this wedding venue located?
    The property is located at 1486 Athens Rd Calhoun, TN.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Picturesque mountain views and serene open landscapes create a relaxing environment.; Ideal for business retreat, event venue, vacation rental, or private commercial enterprise.; Easy access to nearby highways and surrounding communities.
    (423) 519-6287
    We can help!
    Listing Contact
    Barbara Ratledge
    Real Estate License ID: 368502
    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

    Thank You for Inquiry
    1486 Athens Rd, Calhoun, TN 37309
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!