Catylist ID: #29979025
Apartment Development Site (Zoned R-3)
Vacant Land for Sale
|Catylist Listing ID:||29979025|
|Gross Land Area:||20 Acres|
|Unit Price:||$130,000 Per Acre|
|Land Splits Available:||Yes|
|Adjacent Parcels Available:||Yes|
|Sale Terms:||Cash to Seller|
Overview / Comments
CALL FOR OFFERS - ENDS FEB. 28th. Please call for questions or to arrange a site visit.
Multifamily Apartments zoned R-3 and ready for development, this 20 +/- acres site is located at the intersection of Highway 153 and Oyler Lane. (R-3 Zoning allows up to 19 units per acre).
An Initial Traffic Study and sample grading profile have been completed.
Access to Highway 153 is through Oyler Lane. The property consist of 137 and 200 Oyler Lane plus 14 Acres within 5510 Moody Sawyer Rd. parcel.
All utilities available. Traffic study available to serious buyers.
The site is located in the desirable "Hixson" School District which is part of the Chattanooga Public School System:
• Hixson Elementary School: 1,000 feet from site
• Hixson Middle School: 1.5 miles from site
• Hixson High School: 1.5 miles from site
EMPLOYMENT AND MEDICAL
• 1.5 miles to Hixson Memorial Hospital and Chattanooga Heart Institute
• 6 miles (8-10 minutes) from the Enterprise South Business Park (over 1.0 million employees)
• 6-8 miles (10-13 minutes) to Volkswagen plant and Amazon Fulfillment Center
• 15-minute drive to Downtown Chattanooga
RETAIL AND RESTAURANTS
The site is located along a 7-lane highway in the heart of the 2nd most densely developed retail locations in surrounding Chattanooga area. The site is located in proximity to many of the neighborhood's best anchored retail centers and restaurants.
|Taxing Authority:||Hamilton-City of Chattanooga|
|Tax ID/APN:||099E B 011, 099E B 022, 099L B 030|
|Property Located Between:||Moody Sawyer Rd and Oyler Ln|
|Legal Description:||137 Oyler Ln is part of Tract 104.35/3|
|Largest Nearby Street:||Highway 153|
|Highway Access:||Through Oyler Lane to Highway 153|
|Site Description:||Wooded and gentle sloping|
|Available Utilities:||Electric, Water, Gas|
|Proximity:||1 mile||3 miles||5 miles|
William B Raines Jr.The Raines Group, Inc. GCAR CMLS Member
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