Development Land on Gunbarrel Rd

Vacant Land for Sale
Catylist Listing ID: 29731659
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 4.89 Acres
Sale Price: $599,000
Unit Price: $122,494 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2017

Overview / Comments

Zoning for development of 7.7 units per acre has been approved and the market is ready for new housing.This property is located in a high growth sub-market of Chattanooga near major job centers and retail hubs. A new Publix supermarket is going up one street away. Many area amenities make this a convenient and desirable place to live.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033149A C 00200P000
Zoning: RT/Z
Property Visibility: Good

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,751 44,979 106,447
Median Age: 39.95 40.43 39.66
Households: 2,847 19,049 43,308

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