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553 Highway 30 W, 
Athens, TN 37303

$732,000


—

Bed


—

Bath


-

Sq Ft


4.88

Acres (Lot)


Land

Active

Listed by

Teresa Mustar

Keller Williams Realty - Chattanooga - Lee Hwy

423-664-1600

Last updated:

August 8, 2026, 02:15 PM

MLS#

20252527

Source:

TN RCAR

About This Land

553 Highway 30 W

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 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.

Land Facts

Description/Design:

Land

Lot Size (Acres)

4.88

MLS #:

20252527

Last Updated:

August 8, 2026, 02:15 PM

Added:

a year ago


Finances & Disclosures

Finances

Price:

$732,000

Source:TN RCAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.