Excellent Investment Opportunity! Prime location on State Highway 58S with prominent road frontage on over 9 acres. Multiple options for use from residential to commercial to mixed-use development. A great opportunity for development with the beauty of the landscape or plenty of space for commercial or industrial use. Close proximity to Decatur and minutes from Athens, Tennessee. Easy access to the interstate for direct travel to nearby Knoxville and Chattanooga.
Property Details
Property Features
Listing Office:
Office Name: Alliance Sotheby's Internation
Office Phone: (865) 357-3232
Lot Features
Lot Information:
Lot: Private, Rolling/Hilly, Wooded, Corner Lot
Lot Size: 9.09 Acres
Other
Directions Information:
Directions: I-75 S to Exit 49. Exit right toward Decatur. Turn left at the light on Highway 58S. Property is located on the corner of Highway 58 and TN Solomon Drive.
Price Information
Listing Price Info
Price Summary:
List Price: $190,000
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Housing Market Comparison
See how this home compares to others in Decatur, TN.
This property is $74.5K less than the Median Sold Price in Decatur, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1280519
Listing Office:
Office Name: Alliance Sotheby's Internation
Office Phone: (865) 357-3232
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Hopewell Elementary School
5350 Freewill Rd NW
Distance between this listing and this school6.02 miles
Public District Grades PK-5
5
/10
Prospect Elementary School
2450 Prospect School Rd NW
Distance between this listing and this school7.60 miles
Public District Grades KG-5
5
/10
Snow Hill Elementary School
9042 Career Ln
Distance between this listing and this school7.86 miles
Public District Grades PK-5
Nearby Schools
3
/10
Cleveland Middle School
3635 Georgetown Rd NW
Distance between this listing and this school7.10 miles
Public District Grades 6-8
5
/10
Ocoee Middle School
2250 N Ocoee St
Distance between this listing and this school9.49 miles
Public District Grades 6-8
5
/10
Soddy Daisy Middle School
200 Turner Rd
Distance between this listing and this school10.70 miles
Public District Grades 6-8
Nearby Schools
6
/10
Cleveland High School
850 Raider Dr NW
Distance between this listing and this school8.51 miles
Public District Grades 9-12
2
/10
North Cleveland Goal Academy
209 Sunset Dr NW
Distance between this listing and this school9.24 miles
Public District Grades 12-12
5
/10
Bradley Central High School
1000 S Lee Hwy
Distance between this listing and this school9.59 miles
The neighbors living near this home have an average income of $59,977. Residents of Decatur, TN typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About State Highway 58 S
What is the listing price of this property?
The listing price of State Highway 58 S property is $190,000.
What type of property is this?
The property State Highway 58 S is land located in Decatur, Tennessee, 37322.
Is this property for sale now?
Active Listing: State Highway 58 S is For Sale (Active/New) which means the seller is accepting offers.
When was this property sold last time and for how much?
The last sale was on June 1, 2021 for $85,000. (source: MLS/tax record).
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This home is located at State Highway 58 S in Decatur, TN and zip code 37322 in the Birchwood neighborhood. This home sits on a 9.09 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $190,000.
In November 2024 more than 4 listings in Decatur, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Decatur, TN increased by 18.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 74 days, the median list price was $264,500.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. 
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