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Property profile & analytics
OFF-MARKET
Auto shops

115 County Rd 662 Athens, TN 37303-6263

4,050 SF 1.75 ac lot Built 1973
Individually Owned 12-yr Hold ~ Est. High Equity
Property ID
US80-1999761
Property summary
AI-generated overview

Exceptional investment opportunity in Athens, Tennessee! This listing presents 6 prime parcels totaling over 8.5 acres, featuring a thriving, established auto shop business. The property includes two buildings: a 9,600 sq ft metal building and a 1,200 sq ft building with a kitchen, adaptable for office or residential use. The auto shop component boasts 31,000 square feet of space, currently generating significant revenue. Located minutes from downtown Athens, this property offers unparalleled access to the beauty of East Tennessee, including proximity to the Smoky Mountains, Dollywood, and various outdoor recreational opportunities. The convenient location also places it within easy reach of Chattanooga, Knoxville, and Cleveland, TN, providing access to a wide range of amenities. Four additional parcels offer flexibility for residential or commercial development; McMinn County's lack of zoning allows for diverse future uses according to the new owner's vision. This is an ideal opportunity for retail expansion, a small housing development, or a family compound. The asking price is $2,802,500, with a price per square foot of $90.40. The property was built in 1973 and consists of two single-story buildings. The legal descriptions of the parcels are 066 173, 076 045, 076 041, 076 042, 076 046, and 066 174. The property is zoned Commercial. Addresses include 115 County Road 662 and Highway 30, Athens, TN 37303.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1973
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,050 SF
Lot 1.75 ac (76,230 SF)
APN 054066 17300
UPID US80-1999761
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
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Fain,jerry L · 12 yrs held
Fain,jerry L
since 2014
3 recorded transactions
2014
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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