8 Acres Residential Land Near Downtown Athens
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30839732 |
| Property Subtypes: |
Multi-Family, Residential (Single Family)
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
8 Acres
|
| Sale Price: |
$500,000 |
| Unit Price: |
$62,500 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/27/2023 |
Overview / Comments
|
Eight residentially zoned acres (R-E: Residential Estate District) in the city limits of Athens. The property is an ideal spot for a small residential development. Great location a minute away from McMinn County High School, I-75, Tennessee Wesleyan and downtown Athens. The property is mostly wooded and rolling. A house built in the 50s that needs renovation and four barns are currently on the property. Multi-family may be possible with rezoning as the property across the street is R-3 (High Density Residential District)
|
Additional Details
| Nearest MSA: |
Athens |
| County: |
McMinn |
| Tax ID/APN: |
054065 06200 |
| Zoning: |
R-E: RESIDENTIAL ESTATE DISTRICT |
| Property Visibility: |
Good |
| Available Utilities: |
Electric, Water, Gas, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,550 |
16,219 |
26,452 |
| Median Age: |
44.33 |
39.44 |
40.72 |
| Households: |
1,502 |
6,735 |
10,687 |
|
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