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    Congress Pkwy Athens, TN 37303

    Sponsored
    For Sale
    $899,000

    26 Acres Residential Land, R3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    Exceptional opportunity to acquire 26.21 acres of prime residential land in Athens, Tennessee. This expansive property, zoned R3, presents significant development potential. The land is conveniently located off Congress Parkway, behind Lowe's, offering easy access and high visibility. The property is comprised of three parcels: Parcel 1 (APN 0056 152.00) encompassing approximately 6.96 acres, Parcel 2 (APN 0056 153.00) featuring approximately 7.82 acres, and Parcel 3 (APN 0056 154.00) comprising approximately 11.43 acres. A 50-foot easement along Congress Parkway ensures convenient access to the site. Alternative access is also available via West Street. The asking price for this substantial land holding is $899,000. This represents a unique chance to capitalize on the growing residential market in Athens, TN. The property's size and zoning make it ideal for a variety of residential development projects. Detailed parcel information and survey data are available upon request. Don't miss this chance to secure a significant land asset in a desirable location.

    Property Features for 0 Congress Pkwy

    General Information

    Property type
    Land
    Lot Size
    1,141,708 SF

    HighLights

    • 26.21 acres of R3‑zoned residential land in Athens, TN.
    • Conveniently located off Congress Parkway, behind Lowe's.
    • Three parcels totaling 26.21 acres (APN 0056 152.00, 0056 153.00, 0056 154.00).
    • 50‑foot easement on Congress Parkway, plus West Street access.
    • $899,000 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.624791
    Latitude
    35.443824

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    FAQs

    What type of property is this?
    Land - 26 Acres Residential Land, R3 Zoning
    Where is this land located?
    The property is located at Congress Pkwy Athens, TN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: 26.21 acres of R3-zoned residential land in Athens, TN.; Conveniently located off Congress Parkway, behind Lowe's.; Three parcels totaling 26.21 acres (APN 0056 152.00, 0056 153.00, 0056 154.00).
    (423) 267-6549
    Request Owner's contact information
    Congress Pkwy Athens, TN 37303
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    Athens, TN 37303
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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
    Congress Pkwy Athens, TN 37303
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