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Property profile & analytics
OFF-MARKET Estimated value $1,800,000
Warehouses

Redfern Dr Athens, TN 37303

51,788 SF 5.57 ac lot Built 1991
Entity Owned 2-yr Hold Free & Clear
Property ID
US80-2420596
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1991
Construction FRAME
Total area 51,788 SF
Lot 5.57 ac (242,629 SF)
Zoning code I-2
APN 054047 28600
UPID US80-2420596
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.76M
Blend (final) Blend
$1.80M
Owner & transaction history
Redfern Property Group LLC · 2 yrs held
Redfern Property Group LLC
since 2024
7 recorded transactions
2024
Price N/A
2020
Price N/A
2018
Price N/A
2011
$1.8M
2008
Price N/A
2008
Price N/A
2008
Price N/A
Zoning & alternative use
I-2 · Athens, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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, Tennessee . The zoning map or zoning map amendment shall be dated with the effec…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 1,170.76 ac
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