Technical
Financial
Distress signals
Property profile

107 Park St Athens, TN 37303

OFF-MARKET
Office Spaces
Property ID
US80-0762759
2,640 SF 0.15 ac lot Built 1968
Individually Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 1,320 square foot commercial property at 107 Park Street in Athens, Tennessee, presents a fantastic opportunity for a variety of businesses. Recently renovated in 2023, this single-tenant space offers a flexible layout ideal for traditional office, medical office, or creative office uses. Previously utilized as a hair salon, the property boasts an open area perfect for client interaction, complemented by two private offices for focused work. Two bathrooms, a kitchen area, and ample storage space add to the functionality. Convenient parking is available both in front and behind the building, ensuring easy access for staff and customers. Situated in McMinn County, this property benefits from a prime location near downtown Athens, offering excellent visibility and high traffic flow. Built in 1968, this well-maintained space is ready for immediate occupancy and is suitable for retail, office, or service-based businesses seeking a versatile and conveniently located space in the thriving Athens community. The property's zip code is 37303.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,640 SF
Lot 0.15 ac (6,534 SF)
APN 054065D B 03400
UPID US80-0762759

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

107 Park St Athens, TN 37303-4255
Athens metro Census 970402 ATHENS, TN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
Last sale
$600,000
3 recorded transactions
2019
$340,000
2007
Price N/A
2002
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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