1.4 Acre Signalized Corner on Lee Hwy

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30556345
Property Subtypes: Office, Retail, Retail-Pad, Self Storage
Status: Pending/Contingent
Gross Land Area: 1.40 Acres
Sale Price: $525,000
Unit Price: $375,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2020

Overview / Comments

1.4 acre cleared, flat lot, ready for construction. Corner of Lee Highway and Standifer Gap (which provides easy access east to Gunbarrel Road under the Interstate). Great opportunity for fast food, car wash, auto-related retail, medical or professional offices, or a retail strip center. Lots of multifamily and single family residents in the area. Located less than a mile north of Shallowford Road.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 139P C 001
Zoning: C-2
Property Located Between: Shallowford Road and Bonny Oaks
Property Visibility: Excellent
Largest Nearby Street: Standifer Gap
Feet of Frontage: 300
Traffic/Vehicle Count: 12,000
Highway Access: Easy access to I-75 from Shallowford Road or Bonny Oaks
Airports: 9 minutes to Chattanooga Lovell Field
Site Description: 1.4 acres. Road frontage on 3 sides, with stoplight at Standifer Gap corner. Lies flat, rough graded five years ago.
Area Description: Development coming up from Shallowford Road, toward Bonny Oaks; new construction underway on two neighboring parcels.
Zoning Description: C-2
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,262 43,549 111,251
Median Age: 41.76 40.48 39.71
Households: 2,520 18,492 45,197

Contact

Photograph of Listing Agent

John Sweet

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Jason A Lehn

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
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