1 White St Athens, TN 37303
This exceptional 5-acre commercial land parcel, located at 1 N White Street in Athens, Tennessee (zip code 37303), presents a remarkable investment opportunity. Currently listed at $299,000, this property, identified as Parcel 056M C 005, is ideally suited for a variety of commercial uses, including retail or office spaces. The property boasts recently completed renovations, including a new roof, fresh paint, new flooring, updated doors, a new water heater, and upgraded fixtures. This ensures a move-in ready condition for any prospective buyer. The property's excellent condition and prime location in McMinn County make it an attractive proposition for businesses seeking a well-maintained space in a thriving community. The address is precisely 1 N White Street, Athens, TN 37303, with GPS coordinates of 35.4414469 latitude and -84.5926998 longitude. Note that an additional parcel, 056M C 005.00, offering 2,610 square feet of space, is included in this offering. This presents a unique chance to acquire a substantial commercial property at a significantly reduced price. Don't miss this chance to secure a prime commercial location in Athens, Tennessee.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.