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Commercial Bank Property
For Sale
Contact for pricing
Pending

1612 Congress Pkwy S, Athens, TN 37303

The property carries Commercial zoning and is classified as a bank asset.

Property Size98,529 SF
Days on Market232

Property Features for 1612 Congress Pkwy S

General Information

Standard status Pending
Size 98,529 SF
Property subtype Retail, Office, Industrial, Mixed Use
Zoning B-3 Intensive Business District
Occupancy 100%
Investment Type Redevelopment

Building Details

Year Built 1970
Buildings 2
Units 89
Tenancy Single
Listing Agency: Ellis Ledford Properties, LLC
Listed By: Kimberly Ledford · License #291432
Source: Crexi
Added: Feb 25 Changed: Oct 5 Last Checked: Oct 14 at 9:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ellis Ledford Properties, LLC

Investment Insights

Based on property information with market context.

This bank property is designated Commercial and was built in 1970. The available property information does not identify additional interior improvements or operating features.

The property is located at 1612 Congress Parkway S in Athens, Tennessee, within McMinn County. Access is described from the Hwy 30 Athens and Congress Parkway intersection, with the property positioned south along Congress Parkway on the right.

Key Highlights

  • Commercial zoning designation
  • Bank asset classification
  • Built in 1970

Property Analytics

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Current Use

Simmons Bank Bank

Suggested Use

Top Pick Building Supply Electrical Service Big Box & Wholesale Store Kitchen & Bath Showroom Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby
534k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Superstores 19% Shops & Services 19% Apparel 14%
Walmart Superstores
84,317 visits/mo 0.4 miles
Lowe's Home Improvements & Furnishings
34,837 visits/mo 0.2 miles
McDonald's Dining
29,910 visits/mo 0.2 miles
Bargain Hunt Shops & Services
26,932 visits/mo 0.4 miles
Hobby Lobby Shops & Services
25,315 visits/mo 0.4 miles

Demographics for 37303, TN

25,894
Population
11,460
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
86%
High-School Grad
148.9 sq mi
ZIP Area
174
Density / Sq Mi
$60,874
Median Household Income
$37,996
Median Earnings
$815
Median Rent
$196,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Bank - The property carries Commercial zoning and is classified as a bank asset.
Where is this bank located?
The property is located at 1612 Congress Pkwy S Athens, TN.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Commercial zoning designation; Bank asset classification; Built in 1970
(423) 595-8231 Call to check price and availability
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