82.4 Buildable Acres in Soddy Daisy

Vacant Land for Sale
Catylist Listing ID: 30415888
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 82.40 Acres
Sale Price: $735,616
Unit Price: $8,927 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/23/2019

Overview / Comments

82.4 acres are included in this land sale in Soddy Daisy, TN which is a bedroom community to Chattanooga, TN. The land is near the junction of Hwy 127 and Hwy 111 on Posey Hollow Road. The property has been platted for 80 lots. Sewer is located and available at the front left hand corner of the property.

The area's housing market has come back well and additional housing is needed.

See attached plat and other maps for more details and location.

The property includes 4 parcels. The primary parcel is 67.24 acres and then there are three smaller parcels which are across the road with 2.35 acres, 6.98 acres and 5.83 acres.

South or behind this parcel is another 24 acres that is listed for sale also.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County/ Soddy Daisy
Tax ID/APN: 041 007
Zoning: R-1
Market Type: Medium
Property Located Between: Hwy 127 and Hwy 111
Side of Street: Northeast
Road Type: Paved, Highway, Highway Interchange
Property Visibility: Excellent
Legal Description: Forest 64444-09A Posey Rd
Largest Nearby Street: Dayton Pike
Feet of Frontage: 850
Traffic/Vehicle Count: 23,000
Transportation: Highway
Highway Access: Property is located at the junction of Hwy 127 and Hwy 111. There is easy access on Hwy 127 to downtown Chattanooga and Hwy 153.
Airports: Chattanooga
Site Description: The site is level along Posey Hollow Road then climbs to a small knoll. There is another South or behind this parcel is another 24 acres that is listed for sale also
Area Description: Soddy Daisy is one of the fastest growing submarkets within Hamilton County.
Lot Frontage: 850
Lot Depth: 2000
Zoning Description: R1
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,858 17,520
Median Age: 44.53 43.15
Households: 2,726 6,856

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.