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Property profile & analytics
OFF-MARKET Estimated value $1,410,000
Manufacturing properties

Madison Ave Athens, TN 37303

62,859 SF 4.87 ac lot Built 1927
Individually Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US80-2389935
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1927
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 62,859 SF
Lot 4.87 ac (212,137 SF)
Zoning code M-1
APN 054057H D 01800
UPID US80-2389935
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.89M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.40M
Blend (final) Blend
$1.41M
Owner & transaction history
Nell E Fleming · 5 yrs held
Nell E Fleming
since 2021
Last sale
$1.4M
4 recorded transactions
2021
Price N/A
2020
$1.4M
2004
$58,000
1969
Price N/A
Zoning & alternative use
M-1 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Medical District M-1 Professional District P-1 Light Industrial District I-1 Heavy Industrial District I-2 Interstate Interchange Overlay II-1 Historic Overlay District H-1 3.02. ZONING DISTRICT MAP. The location and boundaries of the zoning districts established by this ordinance are bounded and defined as shown on the map entitled Zoning Map of Athens, Ten…

Zone name Medical District
General category UNKNOWN
Zone area 57.29 ac
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