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Financial
Distress signals
Property profile

224 E Madison Ave Athens, TN 37303

FOR SALE
Auto shops
Property ID
US80-0119259
1,147 SF 0.13 ac lot Built 1955
Last sale Feb 2007 · $340,918
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 224 E Madison Ave in Downtown Athens, this restored 1950s service station includes a two-bay shop with a front office and reception area, supported by a large decorative canopy with period-style fuel pumps. The building features two exterior restrooms finished with original period tile, a shop sink, a mechanical room, and polished concrete flooring in the office. Shop access is provided by two glass rollup doors. Improvements completed between 2024 and 2025 include a rubber roof,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$548
Tax billed · 2023
Assessed value$26k
Assessed land$14k
Assessed improvement$12k
Effective rate2.09%

Value estimate

· Oct 2026
$190k
$171k – $209k
AI approach$260k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMCMINN

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.8
HVAC Service9.4
Tailor Shop9.2

Location

224 E Madison Ave Athens, TN 37303
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
202 Madison, Athens, TN 37303-3646 $193,150 May 2025 2,398 SF
Congress, Athens, TN 37303 $300,000 Jun 2023 2,852 SF
507 Madison, Athens, TN 37303-3489 $80,000 Dec 2021 1,809 SF
Jackson, Athens, TN 37303 $28,000 Oct 2021 2,310 SF
2405 Clearwater, Athens, TN 37303-1633 $32,500 Mar 2020 2,100 SF
1508 Railroad, Athens, TN 37303-1840 $23,500 Nov 2018 1,440 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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