26.12 Acres for Development Hixson Tn.

Vacant Land for Sale
Catylist Listing ID: 30398773
Property Subtypes: Agricultural, Multi-Family
Gross Land Area: 26.12 Acres
Sale Price: $240,000
Unit Price: $9,188 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Development Opportunity priced right for multi-family development. 26.12 acres on Fairview road with 560' road frontage. There is an existing 50 ft. easement with the adjacent property allowing Hixson Pike ingress/egress and utilities. Currently zoned R-5 and A-1. Would need to be rezoned. See the attached preliminary site plan for multi-family units.

Nearby land parcels available: Hixson Pike, 4.5 acres and 0 Fairview Rd, 63 acres with possible site plan uses. All parcels are highlighted on map in brochure.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 092 151.07; 092 151
Zoning: R-5. A-1
Property Located Between: Fairview Rd and Hixson PIke
Property Visibility: Good
Largest Nearby Street: Hixson Pike
Feet of Frontage: 560
Traffic/Vehicle Count: 3,126
Highway Access: Hwy 27 via Thrasher Pike and Hwy 153 via Hixson Pike
Airports: Chattanooga Metropolitan
Site Description: Sloping topography from W to E. Wooded.
Area Description: In the greater Hixson area. Heavy residential with easy access to Hwy27, Hwy153, and Downtown Chattanooga. Valleybrook Golf and country club, Publix, and Hixson High School are all nearby.
Lot Frontage: 560
Zoning Description: R-5 (low density residential, 7,500 square foot minimum lot size and intended for single wide manufactured homes) A-1 ( (Urban Agricultural, intended for agricultural uses on 20-acre minimum lot area)
Topography: Steep
Easements: Ingress/Egress, Utilities
Easements Description: 50 Ft Easement to Hixson Pike
Available Utilities: Electric, Water, Gas, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,684 27,537 73,865
Median Age: 43.27 43.76 41.13
Households: 2,147 10,777 29,860


Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Tyler Rogers

KW Commercial Greater Chattanooga REALTORS® Member
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