Catylist ID:
#30018715
| Catylist Listing ID: | 30018715 |
| Property Subtypes: | Multi-Family, Office, Residential (Single Family), Retail-Pad, Self Storage |
| Gross Land Area: | 1.84 Acres |
| Sale Price: | $589,000 |
| Unit Price: | $320,108 Per Acre |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/30/2019 |
Overview / Comments
|
Adjacent Parcels Available - Totaling Appx. 48.8 Acres(+-) 2 Parcel Included in this Listing 6112 (1.57A) & 6118 (0.27A( See attached Exhibit A for Map The property has 8 adjacent parcels. The topography offers excellent views and multiple building sites. The proposed "Big Ridge" Master Planned Community Concept consists of the following: 128,000 sq ft Commercial Retail 240 Apartment Homes 32,000 sq ft Office Space 16 Single Family Homes The land use proposed has been adopted by the Chattanooga City Council, Hixson North River Community Plan for re-zoning of the land is: Light Business Mix - Neighborhood commercial office or similar uses. Medium Density Residential Medium-Density Residential - single family dwellings, town-homes, patio homes, 2,3 and 4 family dwellings. Directions: From I-75 South to Hwy 153 North. Use the right 2 lanes to take exit 4 for TN-153 N toward Chickamauga Dam Airport. Continue onto TN-153 N. Turn right onto Hamill Rd. Turn left onto Cassandra Smith Rd go approximately 1.4 miles, turn right onto Hixson Pike. Destination will be on the right. |
Additional Details
| Nearest MSA: | Chattanooga |
| County: | Hamilton |
| Tax ID/APN: | 101 022 & 101 022.01 |
| Property Located Between: | Hixson Pike & Cassandra Smith Road |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Hixson Pike |
| Traffic/Vehicle Count: | 19,913 |
| Highway Access: | highway 153, highway 27, dupont parkway |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 3,303 | 39,894 | 82,449 |
| Median Age: | 46.95 | 42.52 | 40.8 |
| Households: | 1,385 | 16,639 | 34,699 |
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