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    Property profile & analytics

    2616 Decatur Pike Athens, TN 37303-4930

    • Turn key restaurants
    • 6,289 SF
    • 10.38 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 06, 2025
    $1,500,000
    Location Intelligence
    Property ID
    US80-1268232
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2616 Decatur Pike

    Year built
    1985
    Lot size
    10.38 lot acres
    Property size
    6,289 SF
    Zone code
    B-4
    Property type
    Turn key restaurants
    APN
    054046 23800
    APU
    5404623800

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Athens
    County
    Mcminn
    State
    Tennessee
    Longitude
    -84.6423
    Latitude
    35.4644
    CBSA code
    11940
    CBSA name
    ATHENS, TN MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,331
    $210,680
    $187,920
    $398,600
    -
    $526,700
    $469,800
    $996,500

    Comparable in this City

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      110 John J Duncan Pkwy

      RESTAURANT • 1,776 SF
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      116 White St

      RESTAURANT • 5,368 SF
      116 White St, Athens, TN 37303-3549
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      Congress Pkwy

      RESTAURANT • 2,222 SF
      Congress Pkwy, Athens, TN 37303
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      $255,000
      4,392 SF

      711 White St

      RESTAURANT • 4,392 SF
      711 White St, Athens, TN 37303-4610
      View Details
    • Value Estimation
      $430,000
      5,367 SF

      2241 Congress S Pkwy

      RESTAURANT • 5,367 SF
      2241 Congress S Pkwy, Athens, TN 37303-2898
      View Details

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      Versatile commercial building in downtown Athens, TN with income potential.
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    Similar Nearby for Lease

    • Contact for pricing
      2,500 SF

      Retail/Restaurant Space on Decatur Pike

      Versatile space suitable for restaurants and retail with high visibility.
      2619 Decatur Pike, Athens, TN 37303
      View Details
    • Contact for pricing
      3,658 SF

      Retail Space Near Decatur Pike

      3,658 SF retail space with pole signage available.
      1831 Holiday Dr, Athens, TN 37303
      View Details
    • $22 SF/Yr
      2,000 SF

      Retail Space on Decatur Pike

      2,000 SF retail space available for lease immediately.
      1800-1866 Decatur Pike, Athens, TN 37303
      View Details
    • $22 SF/Yr
      2,000 SF

      Retail Space on Decatur Pike

      Retail space available immediately in a strong retail market.
      1812-1822 Decatur Pike, Athens, TN 37303
      View Details
    • $14 SF/Yr
      174,021 SF

      Congress Crossing Retail Space

      Athens, TN Retail Opportunity: Prime Location
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    • $13 SF/Yr
      14,460 SF

      Congress Parkway Office Space

      Athens, TN: 2,500 SF Office Available
      2300 Congress Pkwy, Athens, TN 37303
      View Details
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    Athens, TN 37303-4930
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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