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Property profile & analytics
FOR SALE
Office Spaces

580 S Congress Pkwy Athens, TN 37303

10,764 SF 1.04 ac lot Built 2005
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-1421746
580 S Congress Pkwy, Athens, TN 37303 For Sale
Contact for pricing 10,764 SF
580 S Congress Pkwy, Athens, TN 37303
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Property summary
AI-generated overview

This 1.25-acre commercial land parcel is ideally situated on South Congress Parkway in Athens, Tennessee, offering exceptional visibility and high traffic counts. The property boasts a flat, cleared lot, ready for immediate development. Its location is surrounded by established professional offices, ensuring a strong and desirable business environment. The address is 580 S. Congress Parkway, Athens, TN 37303, within McMinn County. This parcel presents a unique opportunity for businesses seeking a prominent location with excellent accessibility. An adjacent 1.20-acre parcel is also available for purchase, providing the potential for a combined 2.5-acre development site. The asking price for this 1.25-acre parcel is $408,375. This property is zoned for commercial use and presents a compelling investment opportunity in a thriving Tennessee community. The property's flat and cleared nature simplifies development, minimizing site preparation costs and accelerating project timelines. Its strategic location on a major thoroughfare ensures high visibility and easy access for customers and employees.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,764 SF
Lot 1.04 ac (45,302 SF)
Zoning code B-4
APN 054047 27900
UPID US80-1421746
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Crye-Leike, Realtors Real Estate Agency
  • Denise Ferguson, Real Estate Agency
  • Dawn Smith Real Estate Agent Real Estate Agency
  • Heather Jaramillo- Crye-Leike, Realtors Real Estate Agency
  • Robin L Manis Realtor/Affiliate Broker Crye-Leike, Realtors Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.30M
Blend (final) Blend
$385k
Owner & transaction history
Williams Family Properties LP
Williams Family Properties LP
3 recorded transactions
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-4 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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