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Property profile & analytics
OFF-MARKET
Retail space

1012 Madison Ave Athens, TN 37303-3862

1,432 SF 0.19 ac lot Built 1952
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US80-1182239
Property summary
AI-generated overview

This exceptional 1,320 square foot commercial building, located at 1012 E Madison Avenue in Athens, Tennessee, presents a unique opportunity for entrepreneurs and business owners. Situated on a 0.19-acre lot, this property boasts a prime location, offering convenient access to the popular Mayfield Dairy and a picturesque park, ensuring high visibility and foot traffic. The building's versatile layout is well-suited for a diverse range of commercial uses, including restaurants, salons, coffee shops, or small office spaces. Its charming character combined with functional design creates a welcoming environment for customers and clients alike. The property is zoned for a variety of commercial uses, providing flexibility for potential buyers. This is an excellent chance to establish or relocate your business in a thriving area with strong community presence. The asking price for this attractive commercial property is $170,000. Don't miss this opportunity to secure a thriving business location in a desirable part of Athens, Tennessee. Schedule a viewing today to explore the potential of this exceptional property.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1952
Construction WOOD
Total area 1,432 SF
Lot 0.19 ac (8,276 SF)
Zoning code B-1
APN 054057H C 06800
UPID US80-1182239
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aka Towing & Recovery Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Downer Copeland · 5 yrs held
Downer Copeland
since 2021
Last sale
$60,000
5 recorded transactions
2021
$60,000
2018
$68,000
1991
$46,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B-1 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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