Bonny Oaks .87 ac Zoned R-3

Vacant Land for Sale
Catylist Listing ID: 30250561
Property Subtypes: Multi-Family
Gross Land Area: 0.87 Acres
Sale Price: $175,000
Unit Price: $201,149 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2019

Overview / Comments

.87 acre land zoned R-3 located between two 100% Occupied 6 & 12 Unit apartments off Bonny Oaks Drive. Easy access to Hwy 153 & I-75 with 23,000 vehicles per day at nearby Hwy 153 & 17,000 vpd to I-75.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Chattanooga
Tax ID/APN: 129M A 004 & 129M A 005
Zoning: R-3
Property Located Between: Bonny Oaks & N. Bishop Drive
Property Visibility: Excellent
Legal Description: Lt 133 Austin Farms Sec No 3 Pb16 P G58 Bishop Dr Apts 12 Of 18 Total U Nits & Lot 132 Austin Farms Sec No 3 Pb15 Pg58 Bishop Dr Apts 6 Of 18 Total U Nits
Largest Nearby Street: Bonny Oaks to Hwy 153
Feet of Frontage: 260
Traffic/Vehicle Count: 23,000
Highway Access: Bonny Oaks to Hwy 153 or I-75 N or S.
Airports: Chattanooga
Site Description: .87 ac parcel off Bonny Oaks Drive next to Tennessee Dept of Motor Vehicles with easy access to Hwy 153 & I-75 and nearby Volkswagon Automotive Manufacturing Plant.
Area Description: Site located off Bonny Oaks, high traffic counts (17,000 & 23,000 vehicles per day). Easy access to Highway 153 & I-75 North and South. Located adjacent to single family residential area. Zoned R-3.
Lot Frontage: 260 feet
Lot Depth: 149 feet
Zoning Description: R-3
Topography: Gently Sloping
Easements: Pipelines, Utilities
Available Utilities: Electric, Water, Gas, Sewer, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,998 33,994 112,590
Median Age: 43.55 40.53 40
Households: 1,708 14,796 46,903


Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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