Lot 2 5.04 Acres Hwy 39 & Milton Road, Athens, TN 37303 For Sale

Property Description: Lot 2

Property is adjacent to Comfort Inn and Weigel’s, across Highway 30 from Speedway Gas Station

Highway 30 Frontage Near I-75, Exit 49, Athens, TN

• Located approximately 1,300 feet West of Interstate I-75, Exit 49
• Lot 2 Total Size: 5.04± acres
• See Investment Highlights for info on the total of 52.86 acres available for purchase
• Additional connecting acreage with B3 Zoning is available
• Newly surveyed tract carved from parent parcel 046182.00 and incorporates former parcel number 046 201.00 for egress/ingress from both Hwy 30 and Milton Road/County Road 126.

Lot 2 consists of dual zoning jurisdictions:

* 2.67± acres located within the City of Athens, zoned B-3 (General Business), allowing for a wide range of commercial and retail uses.

* 2.37± acres located in McMinn County, currently zoned Agricultural, offering

potential for rezoning or complementary uses subject to county approval.

Dual zoning offers development flexibility.

Lot 2 is part of a larger assemblage totaling 52.86 acres, listed by the same agent. The assemblage includes five adjoining parcels owned by two cooperative owners, allowing for flexible assemblage opportunities.

Ideal for retail, service, or highway-oriented commercial uses.

Survey available.

Price: $114,960 per acre ($579,398)

The site’s high-visibility location near a major interstate corridor makes it well suited for retail, service, mixed-use, or highway-oriented commercial development. Dual zoning allows an investor or developer to phase development or strategically allocate parking, stormwater, or future expansion across the site.

Ideal for developers seeking interstate proximity, strong visibility, and zoning flexibility in Southeast Tennessee. The property is located approximately halfway between Knoxville and Chattanooga, TN.

Location allows for a wide range of potential uses, including but not limited to:

• Hotels, motels, and lodging
• Restaurants (including drive-thru, subject to approval)
• Retail stores and shopping centers
• Professional and medical offices
• Auto-related services (sales, service, parts – subject to use review)
• Banks and financial institutions
• Personal and business services
• Mixed-use commercial developments

Buyer to independently verify all permitted and conditional uses with the City of Athens Planning Department.

Permitted-Use Highlights B-3 Zoning – City of Athens (Buyer to Verify)

High-visibility Highway 30 frontage with secondary ingress/egress access from Milton Road / County Road 126

QSR / Restaurant / Convenience Retail

Excellent location for:

• Quick-service restaurants

• Drive-thru concepts (subject to site plan approval)

• Coffee, fast-casual, or convenience retail

Interstate 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 Lodging

Well positioned for:

• Limited-service or select-service hotel

• Extended-stay concepts

• Hospitality with supporting retail or dining

Close access to I-75 makes this attractive for travel-driven demand while remaining within city limits.

Auto / Service / Fuel Users

Highway 30 frontage and I-75 proximity support:

• Auto sales or service

• Tire, oil change, or quick-lube

• Car wash (subject to approvals)

• Truck or fleet service (county portion may support complementary uses)

• Fuel or convenience concepts (buyer to verify)

Buyer to independently verify zoning, utilities, permitted uses, and development requirements.