0 Layman Rd
Athens, TN 37303
Lot 1 · Land For Sale · 31.78 AC

Great apt site. 31.78 acres
Marketing description
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

Investment highlights
Exceptional commercial multi-family development opportunity in one of Athens, Tennessee's fastest-growing retail and commercial corridors. Located on Layman Road near the intersection of Dennis Street, this highly visible property offers an outstanding location for retail, multifamily, medical, hospitality, office, or mixed-use development.
The property is strategically positioned just minutes from U.S. Highway 11 (Congress Parkway) and State Highway 30 (Decatur Pike), with quick access to Interstate 75 (Exit 49). The site is directly across from the Walmart Supercenter and is surrounded by national retailers, restaurants, hotels, healthcare providers, schools, and expanding residential neighborhoods, making it an ideal location for commercial or investment development.
The Layman Road/Dennis Street corridor benefits from strong traffic volumes generated by the adjacent Super Walmart and the retail district, while nearby U.S. Highway 11 carries approximately 20,000 vehicles per day, providing excellent visibility and customer access. Traffic from Highway 30 and Interstate 75 further enhances the property's exposure to both local and regional consumers.
With public utilities available and commercial zoning in one of McMinn County's most active growth areas, this property offers an outstanding opportunity for developers, investors, and owner-users seeking a premier commercial or multi-family location in Southeast Tennessee.
Property Highlights
Prime commercial development site on Layman Road near Dennis Street
Minutes from Interstate 75 (Exit 49), U.S. Highway 11 (Congress Parkway), and Highway 30 (Decatur Pike)
Across from Walmart Supercenter and surrounded by national retailers, restaurants, hotels, and residential growth
Approximately 20,000 vehicles per day on nearby U.S. Highway 11, providing outstanding visibility and accessibility
Public utilities available with commercial development potential
Ideal for retail, multifamily, medical, office, hospitality, self-storage, or mixed-use development