330 White St Athens, TN 37303-4755
This 0.58-acre commercial lot (25,265 sq ft) in Athens, TN, presents a unique development opportunity. Located at the intersection of S White Street (Hwy 30) and Elizabeth Street, this property boasts exceptional visibility and high traffic counts, exceeding even major intersections in the area. Formerly a restaurant, the site has been partially demolished, creating a blank canvas ideal for a drive-thru establishment such as a coffee shop, fast-food restaurant, or similar business. The property is zoned for commercial/restaurant use, but other uses may be possible. Three ingress/egress points ensure convenient customer access. Existing infrastructure includes 40 parking spaces, electric power, and a small, removable storage building. Public utilities (water, sewer, electric, and natural gas) are readily available. The City of Athens is installing a new traffic signal at this location, further enhancing visibility and accessibility. This location benefits from proximity to other businesses and draws significant traffic from surrounding towns including Etowah, Delano, Englewood, Niota, Tellico Plains, Reliance, Madisonville, Sweetwater, and more. The property is offered with a 20-year land lease option at a monthly rate of $1,265. Property taxes are $0.03 per square foot. The site's frontage measures 257 feet. The APN is 065 146.00 000. This is an exceptional opportunity to establish a business in a high-traffic, rapidly growing area.
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Don Armando Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Athens, TNAthens. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.