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Layman Road

Athens, TN 37303
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Acres31.78

Acres(Lot)

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. The city of Athens has conducted a professional multifamily Market Study which is attached. 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 commercia l 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. The city of Athens has conducted a professional multifamily Market Study which is attached. 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

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Detail Ic Property Details

Property Type : Land

Price : $1,995,000

AD Id : 91162113

MLS Id : 1542572

Lot Size : 31.78 Acres(Lot)

Tax Amount : 199.08

County : McMinn

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Feature Features

  • Lot Information

    Main Square Feet: 31.78 Acres Lot Size Acres: 31.78 Lot Size Square Feet: 1384336.8 Lot Description: Agricultural, Irregular Lot, Sloped, Wooded

    Property Information

    Subdivision: None Source Property Type: Land Zoning Description: Residential Apartment/Townhouse District Property SubType: Unimproved Land

  • Listing Price Information

    Listing Price: $1995000 Cash, Conventional

  • Tax Information

    Parcel Number: 056 135.01 Annual Tax: $199.08 Tax Legal Desc: PRBTC BROWN TRUST GB APP 2/2/12 19J 94

  • School Information

    Elementary School: West Side Elementary
    Junior High School: Athens Middle
    Senior High School: McMinn County
  • Utility Information

    Cable Available, Electricity Available, Phone Available, Water Available
  • Location Information

    Direction: 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 WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Oxnard Road, Athens, TN, 37303 $249,900 -- -- -- 11 Acres(Lot)
168 County Road, Athens, TN, 37303 $419,000 -- -- -- 53.90 Acres(Lot)
0000 County Road 675, Athens, TN, 37303 $105,000 -- -- -- 16.50 Acres(Lot)
00 92 County Road, Athens, TN, 37303 $5,716,950 -- -- -- 762.26 Sqft(Lot)
Shadows Lawn Drive, Athens, TN, 37303 $34,000 -- -- -- 0.56 Acre(Lot)
112 Shadows Lawn, Athens, TN, 37303 $79,900 -- -- -- 1.12 Acres(Lot)
Callen Cove, Athens, TN, 37303 $20,000 -- -- -- 0.67 Acre(Lot)
Tidence Lane, Athens, TN, 37303 $25,000 -- -- -- 1.02 Acres(Lot)
Tidence Lane, Athens, TN, 37303 $29,900 -- -- -- 1.20 Acres(Lot)
Callen Cove, Athens, TN, 37303 $18,900 -- -- -- 0.66 Acre(Lot)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Greater Chattanooga Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Information deemed reliable but not guaranteed. ByOwner does not display the entire MLS of Chattanooga, Inc. database on this website. The listings of some real estate brokerage firms have been excluded. Copyright © 2026 Greater Chattanooga Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 09/11/2026 @ 17:34

MLS: 1542572 LISTED BY: William Raines Jr., The Raines Group, Inc. 423-875-3600 SOURCE: Greater Chattanooga REALTORS

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