Vacant Apartment, Town-home land available on Mountain Creek Rd

Vacant Land for Sale
Catylist Listing ID: 30163512
Property Subtypes: Multi-Family, Other
Gross Land Area: 30 Acres
Sale Price: $2,400,000
Unit Price: $80,000 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Last Updated: 1/2/2018

Overview / Comments

Excellent site for Apartment Development. Approximately 30+\- acres on Mountain Creek Road at the foot of Signal Mountain. Minutes from Downtown Chattanooga.
Broker can assist in rezoning; minutes from Highway 27; Traffic Count: approximately 12,000; across the street from Four Squares Business Center. Red Bank Elementary School is just minutes away and a short distance to Red Bank Middle and High Schools; in close proximity to Wal-mart, Food City, restaurants.

Nearby 15 acres recently rezoned for apartment development.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033108N A 00201P000
Zoning: R-1
Property Located Between: Highway 27 and Signal Mountain Road
Property Visibility: Excellent
Largest Nearby Street: Mountain Creek Road & Highway 27
Feet of Frontage: 340
Traffic/Vehicle Count: 12,000
Highway Access: Highway 27
Airports: CHA
Site Description: This property contains two adjacent parcels that are listed together. 1161 Mountain Creek Rd and 1167 Mountain Creek Rd.
Zoning Description: R-1
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,440 38,941 78,413
Median Age: 38.69 40.37 38.77
Households: 1,688 17,145 33,482


Photograph of Listing Agent

William B Raines Jr.

The Raines Group, Inc. GCAR CMLS Member
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