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    Decatur Pike Athens, TN 37303

    For Sale
    $1,045,000

    Prime Interstate 75 Location, B-3 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 32-acre commercial land parcel presents a unique investment opportunity in Athens, Tennessee. Strategically located directly off Interstate 75 at Exit 49, this property enjoys high visibility and accessibility, situated midway between Chattanooga and Knoxville. The site boasts significant road frontage on both Decatur Pike and Velma Road, ensuring excellent exposure to the substantial traffic flow along this major thoroughfare. Currently zoned B-3, this versatile land offers a wide range of development possibilities. The property's location within Athens, a growing town with a population of approximately 20,000, benefits from a blend of tourism and a robust manufacturing/industrial base. The 32-acre tract is currently wooded, providing a blank canvas for future development. The current owners are open to subdividing the land to accommodate various project scales. All offers will be considered. This is an exceptional opportunity to acquire a significant commercial property in a rapidly developing area with excellent access to major transportation routes. The high traffic count and prominent location make this an ideal site for a variety of commercial ventures. Don't miss this chance to secure a prime piece of Tennessee real estate.

    Property Features for 0 Decatur Pike

    General Information

    Property type
    Land

    HighLights

    • Asking Price: $1,045,000
    • 32‑acre commercial land parcel
    • Located directly off I‑75, Exit 49, between Chattanooga and Knoxville, TN
    • B‑3 Zoning
    • Road frontage on Decatur Pike and Velma Road.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Athens
    County
    McMinn
    State
    Tennessee
    Longitude
    -84.6284647
    Latitude
    35.45561

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    FAQs

    What type of property is this?
    Land - Prime Interstate 75 Location, B-3 Zoning
    Where is this land located?
    The property is located at Decatur Pike Athens, TN.
    What is the asking price?
    The asking price for this property is $1,045,000.
    What are key features of this property?
    This property features: Asking Price: $1,045,000; 32-acre commercial land parcel; Located directly off I-75, Exit 49, between Chattanooga and Knoxville, TN
    Request Owner's contact information
    Decatur Pike 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
    Decatur Pike Athens, TN 37303
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