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Property profile & analytics
OFF-MARKET Estimated value $14,185,000
Manufacturing properties

1127 Congress N Pkwy Athens, TN 37303-1703

236,682 SF 40 ac lot Built 1980
Entity Owned 3-yr Hold Free & Clear
Property ID
US80-1333865
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1980
Construction FRAME
Total area 236,682 SF
Lot 40 ac (1,742,400 SF)
Zoning code I-2
APN 054040 11700
UPID US80-1333865
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.19M
Owner & transaction history
Broadstone Eti Portfolio LLC · 3 yrs held
Broadstone Eti Portfolio LLC
since 2022
Last sale
$14.2M
5 recorded transactions
2022
Price N/A
2022
$14.2M
2022
Price N/A
2019
Price N/A
2012
$4.2M
Zoning & alternative use
I-2 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Heavy Industrial District I-2 Interstate Interchange Overlay II-1 Historic Overlay District H-1 3.02. ZONING DISTRICT MAP. The location and boundaries of the zoning districts established by this ordinance are bounded and defined as shown on the map entitled Zoning Map of Athens, Tennessee . The zoning map or zoning map amendment shall be dated with the effec…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 1,170.76 ac
Top alternative use upside
Restaurant $20.0M +282.0%
Auto repair, garage $18.5M +253.0%
Retail stores $16.9M +222.1%
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