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    580 Congress Pkwy Athens, TN 37303

    Sponsored
    For Sale
    $408,375

    Prime Athens commercial lot, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.2-acre commercial land parcel presents a remarkable investment opportunity in Athens, Tennessee. Located at 580 S. Congress Parkway, this level lot boasts excellent road frontage and unparalleled visibility from South Congress Parkway, ensuring high traffic exposure for any commercial venture. The property's strategic location offers significant advantages, situated directly across the road from a prominent real estate office. This prime location guarantees substantial foot and vehicle traffic, maximizing potential for business success. The lot's size provides ample space for a variety of commercial developments. The property is zoned COMMERCIAL, allowing for diverse development options. Furthermore, all utilities are readily available, simplifying the development process and minimizing upfront costs. This property offers a unique chance to establish a thriving business in a high-traffic area. Consider expanding your investment by acquiring the adjacent 1.25-acre parcel for a combined total of approximately 2.5 acres, creating even greater development potential. This is an exceptional opportunity to secure a highly visible and strategically located commercial property in a growing Tennessee market. The asking price for this exceptional property is $408,375. Don't miss this chance to own a piece of Athens' commercial future.

    Property Features for 580 Congress Pkwy

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • $408,375 asking price.
    • 1.2‑acre commercial land parcel.
    • Located at 580 S. Congress Parkway, Athens, TN 37303.
    • Commercially zoned.
    • High visibility from South Congress Parkway, across from Crye‑Leike Realtors.
    • Utilities available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Crye-Leike, Realtors Real Estate Agency Denise Ferguson, Real Estate Agent Dawn Smith Real ... Real Estate Agent Heather Jaramillo- Crye-Leike, ... Real Estate Agent Robin L Manis ... Real Estate Agent

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.6137747
    Latitude
    35.4610635

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    FAQs

    What type of property is this?
    Land - Prime Athens commercial lot, high visibility.
    Where is this land located?
    The property is located at 580 Congress Pkwy Athens, TN.
    What is the asking price?
    The asking price for this property is $408,375.
    What are key features of this property?
    This property features: $408,375 asking price.; 1.2-acre commercial land parcel.; Located at 580 S. Congress Parkway, Athens, TN 37303.
    (423) 892-1515
    Request Owner's contact information
    580 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
    580 Congress Pkwy Athens, TN 37303
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