330 White St Athens, TN 37303-4755
- Turn key restaurants
- 1,320 SF
- 0.58 lot acres
Jun 09, 2023
Current Use by Public Records
- Don Armando / Mexican Restaurant
Property Details for 330 White St
- Year built
- 1969
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.58 lot acres
- Property size
- 1,320 SF
- Zone code
- B-4
- Property type
- Turn key restaurants
- APN
- 054065 14600
- APU
- 5406514600
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $90,000
- ML approach
- $135,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $68,000
Market price range: $68.8k - $157k
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Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Mcminn
- State
- Tennessee
- Longitude
- -84.5905
- Latitude
- 35.4379
- CBSA code
- 11940
- CBSA name
- ATHENS, TN MICROPOLITAN STATISTICAL AREA