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    Rocky Mount Rd Athens, TN 37303

    For Sale
    $595,000

    9.32 Acres, R1 Zoning, $595,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9.32-acre commercial land parcel presents a remarkable development opportunity in Athens, Tennessee. Located on Rocky Mt Rd, with an address of Rocky Mt Rd, Athens, TN 37303 (APN: 054064D A 04500), this property is zoned R1, offering flexibility for various commercial ventures. The asking price is $595,000, translating to a land value of $63,841 per acre. Situated in McMinn County, this strategically located land boasts convenient access to key transportation routes and amenities, making it an ideal location for businesses seeking high visibility and accessibility. The expansive lot size provides ample space for a wide range of development projects, from small-scale commercial buildings to larger-scale complexes. Prospective buyers are encouraged to conduct their own due diligence to explore the full potential of this prime commercial real estate offering. Detailed site plans and zoning information are readily available upon request. This property represents a rare opportunity to acquire a significant land holding in a thriving Tennessee community. Don't miss this chance to secure a valuable asset with considerable future growth potential. The latitude and longitude coordinates are 35.439167, -84.6360815 respectively.

    Property Features for 0 Rocky Mount Rd

    General Information

    Property type
    Land
    Lot Size
    405,979 SF

    HighLights

    • 9.32‑acre commercial land parcel in Athens, TN.
    • Located on Rocky Mt Rd, Athens, TN 37303 (APN: 054064D A 04500), zoned R1.
    • $595,000 asking price, $63,841 per acre.
    • Convenient access to transportation routes and amenities.
    • Ample space for various development projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.6360815
    Latitude
    35.439167

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    FAQs

    What type of property is this?
    Land - 9.32 Acres, R1 Zoning, $595,000
    Where is this land located?
    The property is located at Rocky Mount Rd Athens, TN.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 9.32-acre commercial land parcel in Athens, TN.; Located on Rocky Mt Rd, Athens, TN 37303 (APN: 054064D A 04500), zoned R1.; $595,000 asking price, $63,841 per acre.
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    Rocky Mount Rd 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
    Rocky Mount Rd Athens, TN 37303
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