Prime Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30814325
Property Subtypes: Agricultural, Multi-Family, Residential (Single Family), Retail
Gross Land Area: 45.09 Acres
Sale Price: $1,600,000
Unit Price: $35,484 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2022

Overview / Comments

Prime acreage for development in Athens, TN! 2 parcels for 1! Parcel 1: .34 acre, is zoned commercial and sits adjacent to parcel 2. Parcel 2: 44.76 acres, is zoned agricultural. The properties are anchored by major retailers such as Lowe's, Arby's, Belk, Subway, Advance Auto Parts, KFC, McDonald's, and more! 2021 TDOT Annual Average Daily Traffic Count is 20,909. Conveniently located near US Hwy 11 and I-75. The development possibilities are endless!

Additional Details

Nearest MSA: Athens
County: McMinn
Tax ID/APN: 054056 15600
Legal Description: 056 156.00 , 056J A 001.01
Largest Nearby Street: Decatur Pike
Traffic/Vehicle Count: 20,909
Topography: Gently Sloping
Easements: Other
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,398 13,852 24,806
Median Age: 41.5 38.74 40.62
Households: 976 5,837 10,024

Contact

Photograph of Listing Agent

David Edens

Keller Williams KAAR CIE Member
Photograph of Listing Agent

Tera Stanton

Keller Williams KAAR CIE Member
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