Industrial Land

Industrial for Sale
Catylist Listing ID: 29979853
Property Subtypes: Industrial-Business Park
Building Size (RSF): 12,500 SF
Gross Building Area: See Agent
Gross Land Area: 40 Acres
Sale Price: $1,000,000
Unit Price: $80 PSF
Office SF: 4,000 SF
Property Use Type: Vacant/Owner-User
Building Name: Former Velsicol site
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

Former industrial complex consisting of two tracts: 4.36 acres on west line of Central Ave and 36.5 acres on east line of Central Ave with 2,800' frontage on Norfolk Southern RR. All utilities available. Former chemical complex undergoing remediation with expectation of receiving Remedy Completion status by TDEC in October. Purchase to included land use restrictions and environmental stipulations. Survey available. Improvements include 2, 1-story, masonry buildings - 4000 sq. ft. office building in excellent condition.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 167F-C-006 & 167F-F-041
Zoning: M-1 MANUFACTURING
Rail Access: Yes
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Zoning Description: M-1 Manufacturing

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,111 47,230 116,964
Median Age: 33.36 35.69 36.97
Households: 2,475 18,252 47,458

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