Land- Developement Opportiinity

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30637145
Property Subtypes: Multi-Family, Office, Retail
Status: Pending
Gross Land Area: 14 - 26 Acres
Sale Price: $1,600,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/31/2020

Overview / Comments

This land is a total of 26 acres on two tracts of land which can be purchased as one or divided in to tracts of 14 acres up front and 12 acres in the rear. Located 1000 FT from the traffic light at the corner of Little Debbie and Apison Pike. This land is not in any flood zone and has a total topography is 50 FT on the front tract and 70 FT on the rear tract. Land is rolling. Big Woody's Tree Service has given us a quote of $280,000.00 to remove all buildings, trees and stumps to make land site ready on the front tract and only trees on the rear tract. We estimate another $220,000.00 to adjust the topography to 25 Ft. Without bringing in outside dirt. Collegedale interested in incorporating the Green walk on the back of property to connect to the ball fields. This is a perfect site for mixed use of retail, office and apartments netting several forms of income

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Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 033140 17600
Property Located Between: Little Debbie PKY and I75 in city of Collegedale
Property Visibility: Excellent
Legal Description: Tax ID 140 172.02, 140 172.03, 140 172, 140 176
Largest Nearby Street: Little Debbie Parkway
Highway Access: I75
Airports: Chattanooga Municipal airport
Site Description: Wooded and gentle slope
Area Description: Booming Collegedale development opportunity
Lot Frontage: 900+
Lot Depth: 500+-
Zoning Description: MUTC
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,186 30,011 74,395
Median Age: 40.29 38.52 39.93
Households: 1,186 10,038 28,140


Photograph of Listing Agent

Daniel Hunter

RE/MAX Properties Greater Chattanooga REALTORS® Member
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