Georgia Ave., Athens R-2 .87 Acres Parcels

Vacant Land for Sale
Catylist Listing ID: 30731246
Property Subtypes: Multi-Family
Gross Land Area: 0.87 Acres
Sale Price: $50,000
Unit Price: $57,471 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/13/2022

Overview / Comments

About half way between Chattanooga and Knoxville, TN located on the downtown side of Hwy 30 Decatur Pike on Georgia Avenue are five parcels approximated .87 acre currently zoned R-2 (potential to be rezoned). Contiguous/touching 2 B-3 Parcels fronting Decatur Pike (Hwy 30). Outstanding Traffic counts and location.

Additional Details

Nearest MSA: Athens
County: McMinn
Taxing Authority: Athens
Tax ID/APN: 054056L A 02800
Zoning: R-2
Property Located Between: Georgia Avenue and Decatur Pike
Property Visibility: Excellent
Largest Nearby Street: Decatur Pike (Hwy 30).
Feet of Frontage: 190
Highway Access: I-75 to Hwy 30 (Decatur Pike) to Georgia Avenue.
Airports: Athens, Knoxville, Chattanooga
Site Description: 5 Wooded lots bordering Georgia Avenue zoned R-2. If rezoned and combined with B-3 .49 ac bordering Decatur Pike = 1.36 acre.
Area Description: The town of Athens, Tennessee, was created in 1822, on land obtained from William Lowry and Joseph Calloway. Originally the town boundaries consisted of 35 acres bordering on the Eastnalle Creek, which was used as a source of water power to operate the various mills that eventually located along the creek. Important in the location of the town was a healthy water supply, which was provided by a large spring near the center of town.
Lot Frontage: 197
Lot Depth: 190
Zoning Description: R-2
Topography: Other
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,099 16,512 23,198
Median Age: 38.81 39.42 40.58
Households: 1,328 6,819 9,414


Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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