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2025 2 10 Work Session PACKET 1

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Valbridge

PROPERTY ADVISORS

Summary of Salient Facts |

NORTH CITY SCHOOL
SUMMARY OF SALIENT FACTS

Property Identification

Property Name
Property Address

Latitude & Longitude
Tax Parcel Number
Property Owner

Site

Zoning

FEMA Flood Map No.
Flood Zone

Gross Land Area
Usable Land Area

Existing Improvements

Property Use

Occupancy

Gross Building Area (GBA)
Net Rentable Area (NRA)
Condition

Construction Class
Construction Quality

Valuation Opinions
Highest & Best Use - As Vacant
Highest & Best Use - As Improved

Reasonable Exposure Time

Reasonable Marketing Time
———————

North City School
1601 Palos St

Athens, McMinn County, Tennessee 37303

35.458535, -84.60794
056C-A-054.00
City of Athens Tennessee

Medium Density Residential District (R-2)

47107C0203D
Zone X

7.920 acres
7.920 acres

School, University
0.0% -

43,608 sf

43,608 sf

Poor

C - Masonry
Average

Residential, multi-family, or special purpose use
Raze or renovate the current improvements into some form
of special purpose or multi-family development

12 months
12 months

© 2024 VALBRIDGE PROPERTY ADVISORS | CHATTANOOGA

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