00 Layman RD, Athens, TN 37303
00 Layman RD, Athens, TN 37303
00 Layman RD, Athens, TN 37303
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$1,750,000
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25.79 Acres Lot
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00 Layman RD Athens, TN 37303

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Corey Ballew

Corey Ballew

+1(423) 529-0696

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1543137

Lot Size 25.790 Acres

Acres 25.79

Lot Dimensions GB APP 19J 105 2-2-12

Property Sub-Type Unimproved Land

Source Greater Chattanooga REALTORS®

Property Description

This 25.79 Acre Tract is an excellent prime location for a Mixed-Use Project with Commercial/Retail along the road frontage and MultiFamily Development on the remaining acreage. It is located adjacent to the Walmart Superstore in Athens, TN. This Tract may be purchased separately or may be combined with an adjacent 31.78 Acre Tract for a total of 57.57 Acres. There are numerous retail stores, banking, public parks, services, medical, etc., conveniently located within the adjacent market area.

Brief Bullets:

¨ There is a 200 foot set-back from the road for Commercial/Retail development. The remaining acreage is available for Residential development.

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

¨ Broker will assist Buyer with introductions to local zoning and economic development officials.

¨ 43.9% of McMinn County employees currently reside outside McMinn County due to lack of available affordable housing.

¨ MultiFamily Occupancy is 95.5% within the City of Athens.

¨ There is limited housing currently available for employees of new industries coming to McMinn County and the existing inventory is dated.

¨ Local and State elected officials and government agencies will work with Developers.

¨ McMinn Co. ranks higher than the State/Nation for average manufacturing wages.

Location

State TN

County Mcminn

Area 25.79

Zoning Residential Apartment/Townhouse District

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Water Available

Garage No

Building

Lot Description Agricultural, Irregular Lot, Sloped, Wooded

Faces From Chattanooga, north on interstate 75 take exit 49 and turn right on highway 30 East (aka Decatur Pike). At the second traffic light take a right on Congress Parkway then take a right on to Denis Street then left on to Layman Road property on left. Sign On Property

Sewer Public Sewer

Water Public

Additional Building None

Schools

Elementary Schools West Side Elementary

Middle Schools Athens Middle

High Schools Mcminn County

Others

Senior Community No

Tax ID 056 13500 000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Trust

Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by The Raines Group, Inc.

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Corey Ballew

Corey Ballew

Broker License ID: 332263

+1(423) 529-0696

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00 Layman RD