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Property profile & analytics
OFF-MARKET
Turn key restaurants

330 White St Athens, TN 37303-4755

1,320 SF 0.58 ac lot Built 1969
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-3256329
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1969
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,320 SF
Lot 0.58 ac (25,265 SF)
Zoning code B-4
APN 054065 14600
UPID US80-3256329
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Don Armando Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Vamana Properties LLC · 1 yrs held
Vamana Properties LLC
since 2025
Last sale
$95,000
7 recorded transactions
2025
$230,000
2023
$95,000
2017
$150,000
2015
$110,100
2014
$60,000
2008
$123,000
2003
Price N/A
Zoning & alternative use
B-4 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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