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0 Layman Road, Athens, TN 37303

McMinn County · Unimproved Land
$1,995,000
Acreage
31.78 acres
Property type
Unimproved Land
County
McMinn
MLS number
1542572

About this property

This 31.78 acre Tract is excellent prime land for a Mix-Use Project with commercial retail along street frontage and an excellent multifamily Development Opportunity in the rear with a view. It is located adjacent to a Super Walmart in Athens TN and can be subdivided or combined with an adjacent 25.79 AC tract for a total of 57.57 AC. Numerous retail, banking, public parks, service, medical, etc. are available within the adjacent market area.

Brief bullets:

• This 31.87 AC Tract can be purchased along with the adjacent 25.79 AC Tract. for a major Mix-Use Project including Commercial, Retail and Residential developments.

• There is a 200 Foot Set Back along the road frontage reserved for commercial and retail development.

• Broker will assist Buyer with personal introductions with local zoning and economic development officials.

• Upon Buyer signing an LOI, Seller will provide existing engineering studies, surveys and pertinent information for expediting due diligence.

• 43.9% of McMinn Co employees reside outside of McMinn Co.

• Occupancy in McMinn Co is 95.5% and 98.8 within Athens, TN

• There is limited housing currently available for new industries coming to McMinn County and the current inventory is dated.

• There is potential to ''partner'' with local employers for master leases for residential units

• The local and state elected officials and governmental agencies will work with Developers.

• McMinn Co ranks higher than the State/Nation in manufacturing wages This 31.78 acre Tract is excellent prime land for a Mix-Use Project with commercial retail along street frontage and an excellent multifamily Development Opportunity in the rear with a view. It is located adjacent to a Super Walmart in Athens TN and can be subdivided or combined with an adjacent 25.79 AC tract for a total of 57.57 AC. Numerous retail, banking, public parks, service, medical, etc. are available within the adjacent market area.

Brief bullets:

* This 31.87 AC Tract can be purchased along with the adjacent 25.79 AC Tract. for a major Mix-Use Project including Commercial, Retail and Residential developments.

* There is a 200 Foot Set Back along the road frontage reserved for commercial and retail development.

* Broker will assist Buyer with personal introductions with local zoning and economic development officials.

* Upon Buyer signing an LOI, Seller will provide existing engineering studies, surveys and pertinent information for expediting due diligence.

* 43.9% of McMinn Co employees reside outside of McMinn Co.

* Occupancy in McMinn Co is 95.5% and 98.8 within Athens, TN

* There is limited housing currently available for new industries coming to McMinn County and the current inventory is dated.

* There is potential to "partner" with local employers for master leases for residential units.

* The local and state elected officials and governmental agencies will work with Developers.

* McMinn Co ranks higher than the State/Nation in manufacturing wages.

Property details3 groups

Utilities

Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Phone Available, Water Available

Land and access

Lot features
Agricultural, Irregular Lot, Sloped, Wooded
Road frontage
County Road
Road surface
Paved
Permitted use
Commercial, Development, Multi-Family
Zoning
R-3
Number of lots
1
Parcel number
056 135.01
Annual taxes
$199 a year

Schools

Elementary school
West Side Elementary
Middle school
Athens Middle
High school
McMinn County

Information deemed reliable but not guaranteed.