23 Acres Subdivision Site

Vacant Land for Sale
Catylist Listing ID: 28236973
Property Subtypes: Multi-Family
Gross Land Area: 23 Acres
Sale Price: $3,900,000
Unit Price: $169,565 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/5/2017

Overview / Comments

23 ACRES APARTMENT COMPLEX USAGE SUBJECT TO REZONING CURRENTLY ZONED FOR RESIDENTIAL DEVELOPMENT USE (PRELIMINARY SUBDIVISION DRAWING AVAILABLE. GRADE READY. PHASE I ENVIRNOMENTAL STUDY AND HYDROLOGY REPORT ALONG WITH SITE PLAN FOR 230 APARTMENTS ON FILE

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 131 075.08,131 075.09 131 075
Market Type: Large
Property Located Between: OOLTEWAH AND VW PLANT
Road Type: Paved
Property Visibility: Excellent
Legal Description: TAX MAP NUMBERS 131 075.08 131 075.09 131 075 (PORTION OF)
Largest Nearby Street: HUNTER RD
Transportation: Other
Highway Access: INTERSTATE I-75 US HWY 11 AND HUNTER RD
Airports: CHATTANOOGA METRO AIRPORT
Site Description: GRADE READY 18 BUILDABLE ACRES OUT OF 23 ACRE TRACT
Area Description: EXCELLENT DEMOGRAPHICS NEAR EXIT 11 I-75 CLOSE TO VW PLANT AND ENTERPRISE SOUTH
Zoning Description: R2
Topography: Level
Easements: Utilities
Easements Description: GAS LINE
Available Utilities: Electric, Water, Gas, Cable

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,319 22,381 61,714
Median Age: 38.46 39.24 39.61
Households: 812 7,874 23,129

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