Multi Family Land, Hixson TN

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30106410
Property Subtypes: Multi-Family
Status: Pending/Contingent
Gross Land Area: 2.86 Acres
Sale Price: $155,000
Unit Price: $54,195 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/3/2017

Overview / Comments

** Seller will consider Back- Up Offers*** Level Lot with 190+ ft frontage on Hixson Pike. Zoned R2 which may allow installation of Duplex Units, perhaps up to 18 units total. Hixson Pike is a 5 lane major thoroughfare (approx. 22,000 vehicles per day) for connection to commercial areas at Northgate and HWY 153. Employment, schools, hospitals, recreation, churches are all in the immediate proximity.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chatt, Hamilton Co
Tax ID/APN: 100E A 022
Zoning: R2
Property Located Between: Valley Brook Golf Course and Big Ridge Rd
Property Visibility: Excellent
Legal Description: T L Lewis Farm Db 578 Pg 532 ; Plat 578 Page 532
Largest Nearby Street: HIxson Pike (State Hwy 319)
Feet of Frontage: 193
Traffic/Vehicle Count: 22,000
Highway Access: Hixson Pike (Hwy 319) to Hwy 153
Airports: Chattanooga Municipal
Site Description: Level.
Area Description: Hixson submarket of Chattanooga TN, includes employment at governmental agencies (TVA), medical centers (Parkridge), shopping (Northgate Mall, HWY 153 commercial area). Major Big Box shopping at Target, WalMart, Home Depot, Lowes. National Brand retailers and restaurants.
Lot Frontage: 193
Lot Depth: 693
Zoning Description: R2
Topography: Level
Easements: Utilities
Easements Description: 20' Sewer easement in front 1/3 of the lot.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,290 33,365 78,991
Median Age: 49.62 42.86 41.42
Households: 936 13,840 32,715

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