115 County Rd 662 Athens, TN 37303-6263
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.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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