Anderson Ridge Road 25-115 Acres C-2

Vacant Land for Sale
Catylist Listing ID: 28873285
Property Subtypes: Hospitality, Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 115 - 116 Acres
Sale Price: $862,500
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/15/2017

Overview / Comments

Available in 25 acre tracts or the entire 115 acre property at $7500 per acre. This is a large commercial development property between I-24 and Highway 41 in Jasper Tennessee. Excellent visibility from I-24. Zoned C2 - ideal for hotels, restaurants and retail. Could also be rezoned for residential development.

Additional Details

Nearest MSA: Chattanooga
County: Marion
Tax ID/APN: 131 005.00
Zoning: C-2
Market Type: Medium
Property Located Between: I-24 and Highway 41
Road Type: Paved, Highway
Property Visibility: Excellent
Legal Description: Map 131 Parcel 005.00
Largest Nearby Street: Highway 41/I-24
Transportation: Highway, Airport
Highway Access: Road frontage on Highway 41 and Anderson Ridge Road which crosses the property. Near the I-24/Highway 41 interchange (Exit 158).
Airports: Marion County Airport (APT)
Site Description: Property between I-24 and Highway 41 near the I-24/Highway 41 interchange (Exit 158). Mostly level/gently sloping with a wooded ridge. Anderson Ridge Road intersects with Highway 41 and crosses the property.
Area Description: Jasper TN is a small town near Chattanooga TN. The property is just off I-24 between Chattanooga and Nashville.
Zoning Description: C-2 General Commercial District. Ideal for Hotels, Restaurants and Retail. Could also be rezoned for residential development
Topography: Gently Sloping
Easements: Electric Lines, Utilities
Easements Description: TVA transmission lines cross the property with 200' ROW. Water and Sewer easement parallel to Highway 41.
Soil Type: Mixed
Available Utilities: Electric, Water, Sewer

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 4,209 9,235
Median Age: 42.44 42.55
Households: 1,720 3,755

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