9 Acre Development Opportunity on E Brainerd Rd

Vacant Land for Sale
Catylist Listing ID: 30702828
Property Subtypes: Industrial, Mobile Home Park, Residential (Single Family), Self Storage, Other
Gross Land Area: 9.26 Acres
Sale Price: $225,000
Unit Price: $24,298 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 7/19/2021

Overview / Comments

Incredible development opportunity off of E Brainerd Rd. Two neighboring parcels offer about 9 total acres of land and sit in a prime location on a stretch of E Brainerd Rd where the road has been widened to 4 lanes. Access points off of both Bel Air Rd and E Brainerd Rd make this property easily accessible. They are currently zoned R-2A, R-5 and A-1, but could be rezoned for other uses if desired. A few site improvements have already been completed, including clearing of wood/trees, a water retention pond, and dirt cut/fill. These improvements have created more usable space and roads for the next owner. Neither parcel is subject to city taxes; county taxes only. Would make an excellent location for multiple types of development considering the continuous upward growth of the East Brainerd community, and that the properties are zoned for popular Westview and East Hamilton Schools. Proposed uses/developments include single-family homes, a self-storage building, a warehouse, or location for a company who needs space for large amounts of equipment and machinery. The cell tower does not convey. Schedule your private showing today!

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 159m E 040.02 and 159m E 039
Zoning: R-2A, R-5 & A-1
Property Visibility: Good
Legal Description: East Brainerd Rd Out Of 159M-E-40 F Or 2006 Cell Tower Site On S001 and Pt W 1/2 Nw 1/4 Sec 17 Twp 1S R-2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,466 44,623 83,987
Median Age: 42.08 40.14 39.24
Households: 2,648 16,991 33,053

Contact

Photograph of Listing Agent

Grace Frank

Chattanooga Real Estate Group Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Brian D Tucker

Chattanooga Real Estate Group Greater Chattanooga REALTORS® Member
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