0 Congress Pkwy Athens, TN 37303
Exceptional opportunity to acquire 26.21 acres of prime residential land in Athens, Tennessee. This expansive property, zoned R3, presents significant development potential. The land is conveniently located off Congress Parkway, behind Lowe's, offering easy access and high visibility. The property is comprised of three parcels: Parcel 1 (APN 0056 152.00) encompassing approximately 6.96 acres, Parcel 2 (APN 0056 153.00) featuring approximately 7.82 acres, and Parcel 3 (APN 0056 154.00) comprising approximately 11.43 acres. A 50-foot easement along Congress Parkway ensures convenient access to the site. Alternative access is also available via West Street. The asking price for this substantial land holding is $899,000. This represents a unique chance to capitalize on the growing residential market in Athens, TN. The property's size and zoning make it ideal for a variety of residential development projects. Detailed parcel information and survey data are available upon request. Don't miss this chance to secure a significant land asset in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.