Lot 3 Decatur Pike Hwy 30 W Athens, TN 37303

PRICED AT $840,000

Listing Details

$840,000
MLS# 20260252
Type Land - Farm
Status Active

28.000 acres Lot Size

Description

Calling all Industrial, Hotel, Restaurant, Fast Food, Retail Developers! Property is adjacent to Comfort Inn and Weigel's. Has Access from Milton Road/County Road 126. Can access if Lot 1 (5.05 acres) and/or Lot 2 (5.04 acres) are purchased.Property Description: Lot 3 Milton Road/County Road 126 Access - Near I-75, Exit 49, Athens, TNLot 3 Total Size: 28± acresLocated approximately 1,250 feet West of Interstate I-75Approximately $1 million in dirt work, land preparation, and engineering has been completed to prepare the site for building a large storage facility.The co-owner died unexpectedly, and the current owner prefers not to continue...read more with the project alone.Storage facility plans will be conveyed with the 28 acres if the buyer desires. Storage plans can be shared with any serious buyer with executed NDA.Egress/ingress access point from Milton Road/County Road 126. Property is adjacent to Comfort Inn and Weigels, Across from Speedway Gas Station.Lot 3 is part of a group of adjoining properties totaling 52.86 acres, listed by the same agent. There are five parcels with two owners who are easy to work with if an assemblage is desired. 4 adjoining parcels: (See Private Remarks and More under Public Remarks)5.04 acres (1.99± Acres Zoned B-3 = General Business) 5.05 acres (1.59± Acres Zoned B-3 = General Business)4.88 acres (Zoned residential)9.89 acres (Zoned residential)*NOTE - a 5th parcel of 1.7 acres with a residential home may also be available for sale, but is not officially listed.Dual zoning offers development flexibilityIdeal for retail, service, or highway-oriented commercial usesSurvey availablePrice: $840,000 (Lot 3 only, $150,000 per acre) The sites high-visibility location near a major interstate corridor makes it well-suited for storage, retail, service, mixed-use, or highway-oriented commercial development. The dual-zoning structure allows an investor or developer to phase development or maximize land value through strategic planning.Ideal for developers seeking interstate proximity, visibility, and zoning flexibility in Southeast Tennessee. The site is roughly halfway between Knoxville and Chattanooga, TN. Location allows for a wide range of potential uses, including but not limited to:StorageHotels, motels, and lodgingRestaurants (including drive-thru, subject to approval)Retail stores and shopping centersProfessional and medical officesAuto-related services (sales, service, parts - subject to use review)Banks and financial institutionsPersonal and business servicesMixed-use commercial developmentsBuyer to independently verify all permitted and conditional uses with the City of Athens Planning Department.Offered at $150,000 per acre, this is a rare opportunity to acquire a sizable tract with dual zoning and strong regional access in a growing Athens submarket. Permitted-Use Highlights B-3 Zoning - City of Athens (*buyer to verify)QSR / Restaurant / Convenience RetailExcellent location for:Quick-service restaurantsDrive-thru concepts (subject to site plan approval)Coffee, fast casual, or convenience retailInterstate proximity supports both local traffic and interstate travelers, and the dual-zoning allows parking, stormwater, or future expansion to be handled efficiently across the site.Hotel / Hospitality / Short-Term LodgingThe site is well positioned for:Limited-service or select-service hotelExtended-stay conceptsHospitality with supporting retail or diningClose access to I-75 makes this attractive for travel-driven demand, while B-3 zoning allows hospitality uses within the city limits.Auto / Service / Fuel UsersThis sites Highway 30 frontage and proximity to I-75 make it well suited for auto-oriented uses:Auto sales or serviceTire, oil change, or quick-lubeCar wash (subject to approvals)Truck or fleet service (county portion may support complementary uses)Fuel/convenience concept (buyer to verify)The B-3 zoning on 1.59± acres supports many auto-related commercial uses, while the county

Features

$137 Taxes
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