Assembled Portfolio at Exit 11 on I-75 - Prime Hospitality Site

Vacant Land for Sale
Catylist Listing ID: 30364904
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 0.34 - 6.15 Acres
Sale Price: $296,000 - 2,383,220
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/24/2019

Overview / Comments

Portfolio & Assembled Sites with Interstate 75 visibility at EXIT 11. Ingress / Egress and Curb Cuts Available on both Relocation Way to the North of the Site and Ooltewah Georgetown Rd to the South. Seller is Selling Land Only Purchaser's development must negotiate/submit plans for development for curb-cuts, ingress/egress, insure appropriate Zoning, Waste Water Capacity among other Development specific details to best accommodate their development. Both Streets feed directly into Lee Hwy ( Hwy 64 ) with Dedicated Traffic Lights at Intersections. Relocation Way Ingress/Egress to Site has two(2) Dedicated Lights for Access to Lee Hwy ( Hwy 64 ) and subsequent access to I-75. Central Sites of Portfolio 6040 & 6046 Approved for Waste Water Capacity to include a Hotel & Restaurant Development. Additional Capacity available as additional Sites on Portfolio are added. All Portions of Portfolio can be purchased alone at List Price or together in portions or all together at a volume Sale rate.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga & Hamilton County
Tax ID/APN: 033132 01400
Zoning: C-2
Property Located Between: Relocation Way & Ooltewah Georgetown Rd
Property Visibility: Excellent
Largest Nearby Street: INTERSTATE 75 ; OOLTEWAH-GEORGETOWN RD, RELOCATION WAY
Feet of Frontage: 545
Traffic/Vehicle Count: 75,000
Highway Access: 1/4 Mile to Interstate 75 ( I-75 )
Airports: Chattanooga Metropolitan Airport
Site Description: > Just over 6 acres adjacent properties marketed together & as separate investments. Ingress/Egress on Both Ooltewah Georgetown Rd & Relocation Way > Central Site of 6040 & 6046 alone Approved for Waste-Water Capacity to include a Hotel & Restaurant. Additional Capacity available with Assembled Adjacent Sites. > Individual Sales or Multi-Site Sale available. Will Sub-Divide and Split to Best Suite end users Development
Area Description: Expanding Area of Greater Chattanooga with tremendous growth potential. General trend from Single Family residential to Retail , Hospitality , Commercial developments.
Lot Frontage: 545
Lot Depth: 997
Zoning Description: C-2
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Easements to Relocation Way and Ooltewah Georgetown Rd
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 19,562 57,574
Median Age: 39.71 39.55
Households: 7,279 21,048

Contact

Photograph of Listing Agent

Travis L Hulsey

RE/MAX Properties Greater Chattanooga REALTORS® Member
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