Prime Development Opportunity on Ringgold Road

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30038661
Property Subtypes: Office, Retail, Retail-Pad, Other
Status: Pending/Contingent
Gross Land Area: 2.38 Acres
Sale Price: $975,250
Unit Price: $409,768 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/26/2017

Overview / Comments

Prime Location for Development on Ringgold Road with 323 ft. frontage onto Ringgold Road; 2.38 acres located between Cross Path Church and FSG Bank. Close proximity to I-24 and I-75. The City of East Ridge is presently in the process of changing this property to Commercial.Only residential zoning is 50ft strip in rear of property.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033169H F 01800P000
Property Visibility: Excellent
Legal Description: Sw 1/4 Sec 32 T 6N Or 2S R3 and Lt 3 Property of Katie Boyd Coulter and East Ridge Baptist Church
Largest Nearby Street: Ringgold Road
Feet of Frontage: 323
Airports: Chattanooga Municipal Airport
Site Description: Mostly level lot
Area Description: Mixed commercial, residential and restaurants. Speedway gas station directly across the street. Traffic signal close by.
Lot Frontage: 323
Lot Depth: 348
Zoning Description: Commercial. 50ft strip in rear of property being rezoned to Commercial. City of East Ridge passed on First Reading. Final Reading Oct. 26th.
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,698 76,399 152,362
Median Age: 40.01 37.04 37.25
Households: 4,865 31,821 63,219


Photograph of Listing Agent

Roland E Renegar

Crye-Leike Commercial GCAR CMLS Member
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