Vacant Commercial Land $84,681/AC

Vacant Land for Sale
Catylist Listing ID: 30030407
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad, Self Storage, Vacation/Resort
Gross Land Area: 2.35 Acres
Sale Price: $199,000
Unit Price: $84,680 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

This is a great commercial, rectangular lot in the heart of Lafayette's business district. It is about 1 mile from the Walmart on Hwy 27. It is just off of the Hwy 27 By Pass in Lafayette. The site is level and slightly above Hwy 27 street grade. Across the street is Jackson Chevrolet. The lot has approximately 330 feet of frontage along Hwy 27 and 291 of depth along Jessie Dr.

The property does not currently have a curb cut entrance onto Hwy 27 but this could be gained. The Georgia Department of Transportation (GDOT) controls this access. The property was previously used as a small mobile home park but the city a Lafayette will quickly approve commercial use because they do not want a new trailer park located here. All of the trailers have been removed.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: Walker County
Tax ID/APN: 10031 023
Zoning: R-3
Property Located Between: N. Main St and Jessie Drive
Property Visibility: Excellent
Legal Description: Lts 21,22,23,24,55, Ptlt 56 Ptll278 279 8/4 Landlot: 278 Landdist: 8/4
Largest Nearby Street: Hwy 27 (N. Main St.)
Feet of Frontage: 330
Traffic/Vehicle Count: 16,200
Highway Access: Hwy 27
Airports: 25 miles from Chattanooga's airport
Site Description: The spacious lot is on the corner of N. Main St (Hwy 27) and Jessie Drive. It has been cleared of all manufactured homes and is ready to be built upon. It is within 1 mile south of Walmart and other retailers. It is a prime commercial site.
Area Description: Lafayette is a growing town near Chattanooga, TN that is quiet and attracting small business.
Lot Frontage: 330 ft
Lot Depth: 291
Zoning Description: R3
Topography: Level
Available Utilities: Electric, Water, Gas
Water Service: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 7,731 17,076
Median Age: 38.57 39.12
Households: 3,025 6,342

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial GCAR CMLS Member
Photograph of Listing Agent

Michael Taylor

KW Commercial GCAR CMLS Member
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