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    2635 Decatur Pike Athens, TN 37303

    Sponsored
    For Sale
    $155,000

    High-traffic 2.3-acre site, ideal for hotel/retail.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.3-acre commercial land parcel presents a unique investment opportunity in Athens, Tennessee. Strategically located at I-75 exit 49 and Decatur Pike, the property boasts unparalleled visibility from the interstate, benefiting from approximately 41,537 vehicles daily on I-75 and 19,859 on Decatur Pike. Zoned B3-Intensive Business District, the site allows for a wide range of commercial uses, mirroring the existing mix of hotels, restaurants, and retail establishments in the immediate vicinity. While a creek traverses the property, approximately 1.0 to 1.5 acres remain buildable outside the floodway. Access is convenient via Decatur Pike and a shared road with a Burger King. Existing trees on the site would require removal for development. This prime location offers significant potential for developers seeking to capitalize on the high traffic counts and strong commercial activity in the Athens area, situated midway between Chattanooga and Knoxville. The City of Athens has a population of approximately 14,000, with the greater Athens area boasting a population of around 25,000. The asking price is $155,000, representing a price per acre of $97,826. The property is owned by Hometown Real Estate, LLC and is offered for sale by owner.

    Property Features for 2635 Decatur Pike

    General Information

    Property type
    Land
    Lot Size
    100,188 SF

    HighLights

    • 2.3‑acre commercial land parcel in Athens, TN, ideally situated at I‑75 exit 49 and Decatur Pike.
    • High visibility from I‑75 (41,537 VPD) and Decatur Pike (19,859 VPD).
    • B3‑Intensive Business District zoning allows diverse commercial uses.
    • Approximately 1.0‑1.5 acres buildable; existing trees require removal.
    • $155,000 asking price ($67,391 per acre).
    Property Profile Location Intelligence

    Current Use by Public Records

    Burger King Restaurant

    Suggested Use

    Restaurant Spa & Massage Dental Office Building Supply Clothing Store Gym & Fitness Kitchen & Bath Food Market Storage Facility Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.6469723
    Latitude
    35.4640744

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    FAQs

    What type of property is this?
    Land - High-traffic 2.3-acre site, ideal for hotel/retail.
    Where is this land located?
    The property is located at 2635 Decatur Pike Athens, TN.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: 2.3-acre commercial land parcel in Athens, TN, ideally situated at I-75 exit 49 and Decatur Pike.; High visibility from I-75 (41,537 VPD) and Decatur Pike (19,859 VPD).; B3-Intensive Business District zoning allows diverse commercial uses.
    Request Owner's contact information
    2635 Decatur Pike 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
    2635 Decatur Pike Athens, TN 37303
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