Commercial C2, I-75 Visibility, Adjacent Lot Available, Live/Work

Vacant Land for Sale
Catylist Listing ID: 30712372
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 0.51 Acres
Sale Price: $350,000
Unit Price: $686,274 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/15/2021

Overview / Comments

Looking for C2 Commercial zoned land in Ooltewah with Interstate I-75 Visibility and access? This property has road frontage on two roads; Hunter Road and Hilltop Drive. Ideal live/work opportunity for a small business needing visibility and/or interstate access or leave as is for passive income. The home on Hilltop is leased for $1100 a month. There is also a large billboard which may offer income in the future (the billboard income was taken as lump sum previously and not offered). Adjacent property with rental income also available for purchase if desired!

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County and City of Chattanooga
Tax ID/APN: 033131 03400
Zoning: C2- COMMERCIAL
Property Located Between: Hunter Rd and Lee Hwy
Property Visibility: Excellent
Legal Description: PT SW 1/4 NW 1/4 SEC 17 TWP 4 R 2
Largest Nearby Street: Hunter Rd
Highway Access: Interstate I-75 Exit 11
Airports: Atlanta, Chattanooga, Knoxville, Nashville
Site Description: Interstate visibility and access. Excellent location.
Area Description: Exploding area of growth! Ideal location for retail or hotel with adjacent parcels also for sale.
Lot Frontage: 232'
Lot Depth: 140'
Zoning Description: C2
Topography: Gently Sloping
Easements: Utilities
Easements Description: Adjacent lot (also for sale) shares driveway.
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,643 25,020 59,931
Median Age: 38.33 39.88 39.57
Households: 1,319 8,948 22,340

Contact

Photograph of Listing Agent

Teresa Scheiwe

Keller Williams Realty Greater Chattanooga REALTORS® Member
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