0 Tn-30 Athens, TN 37303
This exceptional investment opportunity presents two parcels totaling 3.56 acres in Athens, Tennessee, conveniently located minutes from the downtown area. The property boasts a substantial 9,600 square foot metal warehouse, renowned for its robust construction. In addition, a 1,200 square foot building currently serves as an office, but its versatile layout—including a large room, two smaller rooms, and a kitchen—makes it readily adaptable for residential use as a single-family dwelling. The flexible commercial zoning allows for diverse usage options, catering to both commercial and residential ventures. Priced at $1,120,000, this equates to $103.70 per square foot. Situated in East Tennessee's scenic landscape, this property offers proximity to the captivating Smoky Mountains, Dollywood, and an array of outdoor recreational activities. Furthermore, its strategic location provides easy access to the vibrant cities of Chattanooga, Knoxville, and Cleveland, Tennessee, each offering a wealth of shopping, dining, and entertainment options. The property's address is TN-30, Athens, McMinn County, TN 37303. This is a rare chance to acquire a versatile property with significant potential 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.