Commercial Land
Vacant Land
for Sale
| Catylist Listing ID: |
30825068 |
| Property Subtypes: |
Retail
|
| Gross Land Area: |
1.74 Acres
|
| Sale Price: |
$349,900 |
| Unit Price: |
$201,091 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/18/2023 |
Overview / Comments
This is a site in the center of Athens on the north side of Decatur Pike. It has multiple structures, but the block building is the only structure of any utility to the property. Given the subject's potential to be developed as prime commercial site the block building is most likely of interim utility.
This site has frontage on three roads with excellent shape and depth, providing a wide range of development potential. The site characteristics make it likely that a national or regional retailer will utilize the whole site, or the site can be divided for multiple uses. The site sits on the east side of an active retail district and just west of downtown central business district. Part of the downtown includes the Tennessee Wesleyan University, which is only minutes from the subject site. Most of the city of Athens is within a ten-minute drive from this site.
The acreage is per tax records. The buyer is to verify.
|
Additional Details
| Nearest MSA: |
Athens |
| County: |
McMinn |
| Taxing Authority: |
McMinn County and City of Athens |
| Tax ID/APN: |
054056K B 00700 |
| Zoning: |
B-3 INTENSIVE BUSINESS DISTRICT |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,099 |
16,512 |
24,806 |
| Median Age: |
38.81 |
39.42 |
40.62 |
| Households: |
1,328 |
6,819 |
10,024 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Knoxville Area Association of REALTORS® nor
Moody's assume any liability for errors or omissions.
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