Active
Land
553 Highway 30 W
Athens, TN 37303
Acres
4.88
$732,000
New price! Calling all developers! Restaurant, hotel, fast food, C-Store, bank, retail, grocery, other business! Land is being sold for development due to the proximity of Interstate 75. Four additional parcels are available for sale individually or as a whole totaling 52.86 acres. Click Supplemental information for… Read More a detailed description of all parcels available. Home built in 1935 will remain on the property. Home is livable, but is not assigned any value. Home ''as is''. 4 outbuildings will be removed from property. Seller requests to remove HVAC system if home is going to be demolished. Property Description: Full Assemblage - All Five Lots Highway 30 / Milton Road (County Road 126) Frontage - Near I-75, Exit 49, Athens, TN Total Assemblage Size: 52.86± acres This offering represents a rare opportunity to acquire a contiguous, multi-parcel assemblage totaling approximately 52.86± acres along the Highway 30 corridor near Interstate I-75, Exit 49, in Athens, Tennessee. The assemblage includes five adjoining parcels under two cooperative ownership groups, providing flexibility for single-buyer acquisition, phased development, or strategic assemblage planning. Acreage Breakdown by Lot Lot 1: 5.05± acres Dual zoning: B-3 (City of Athens) and Agricultural (McMinn County) Highway 30 frontage with secondary access from Milton Road Lot 2: 5.04± acres Dual zoning: B-3 (City of Athens) and Agricultural (McMinn County) Highway 30 frontage with secondary access from Milton Road Lot 3: 28.00± acres Interstate-adjacent tract with direct access from Milton Road / County Road 126 Approximately $1 million in completed dirt work, engineering, and site preparation Storage facility plans available with executed NDA Lot 4: 4.88± acres Zoned Residential - McMinn County Improved with an existing home and multiple barns Suitable for owner-user, residential, or transitional use Lot 5: 9.89± acres Zoned Agricultural - McMinn County Unimproved land suitable for agricultural use, land banking, or future rezoning Total Combined Acreage: 52.86± acres Assemblage Overview The assemblage offers a unique blend of commercially zoned frontage, interstate-adjacent development land, residential improvements, and agricultural acreage. This configuration allows for a wide range of development strategies, including phased commercial buildout, mixed-use planning, storage or hospitality development, land banking, or long-term strategic hold. Multiple ingress and egress points from Highway 30 and Milton Road provide excellent circulation and access flexibility across the site. The assemblage's scale and configuration support both a single unified project or segmented development approaches. Zoning & Use Flexibility Zoning across the assemblage includes: B-3 (General Business) - City of Athens Residential - McMinn County Agricultural - McMinn County This multi-zoning framework allows developers and investors to strategically allocate uses, parking, stormwater, buffers, and future expansion across parcels, while managing entitlement timelines and development risk. Buyer to independently verify zoning, permitted uses, and development requirements with the City of Athens and McMinn County. Location & Market Position The property is located less than 1,500 feet from Interstate I-75, Exit 49, providing strong regional access and visibility. The site sits approximately halfway between Knoxville and Chattanooga, TN, and is adjacent to established commercial users including Comfort Inn, Weigel's, and Speedway Gas Station. The Highway 30 corridor supports highway-oriented commercial, service, hospitality, and mixed-use development, while the assemblage's size and zoning diversity provide long-term flexibility. Potential Additional Property (Not Officially Listed) *Potential additional property available: Approximately 1.70± acres with an existing 5-bedroom / 3-bath residential home currently rented. This property is not officially listed, but the owner has indicated a willingness to sell. Previously listed at $420,000. Inclusion of this parcel would further enhance control, access, and long-term development optionality across the assemblage. Investment Summary This is a rare opportunity to acquire a sizable, strategically located assemblage with interstate proximity, multiple access points, and diverse zoning within a growing Athens submarket. The combination of development-ready acreage, existing improvements, and agricultural land provides flexibility for a wide range of investor and developer profiles. Buyer to independently verify acreage, zoning, utilities, permitted uses, and development requirements. Read Less
Courtesy of Teresa Mustar, Keller Williams Realty - Chattanooga - Lee Hwy.
Listing Snapshot
Days Online
420
Last Updated
Property Type
Land
Lot Size
4.88 Acres
MLS Number
20252527
30 Days Snapshot Of 37303
$328k
+17%
(avg) sold price
11
-15%
homes sold
90
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Highway", "Interstate", "Interstate Access Within 5 Miles"
Fence
Fencing: None
Home Owner's Association
Association Fee Includes: None
Lot
Features: "Wooded", "Cleared", 4.88 acres, Area: 4.88, Dimensions: 154x478x480x344x322x174, 212,572 square feet
Pool
Features: None
Property
Occupant Type: Owner, Other Structures: Barn(s), Parcel Number: 046181.00, Possible Use: "Mini Storage", "Warehouse", "Automotive", "Commercial", "Development", "Highway/Tourist Service", "Industrial", "Investment", "Medical/Dental", "Mixed Use", "Multi-Family", "Office", "Place of Worship", "Retail", "Subdevelopment", "Subdivision", Property Sub Type: Mixed Use
Sewer
Sewer: Septic Tank
Taxes
Annual Amount: $488
Utilities
Utilities: "See Remarks", "Water Connected", "Phone Available", "Natural Gas Available", "Cable Available", "Electricity Available", "Electricity Connected", Water Source: "Private", "Public", "Well"
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Jannis Sams
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