Development Site on Middle Valley Rd

Vacant Land for Sale
Catylist Listing ID: 30316938
Property Subtypes: Multi-Family, Office, Residential (Single Family)
Gross Land Area: 1.91 SF
Sale Price: $275,000
Unit Price: $143,979 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/16/2018

Overview / Comments

Great corner lot, level and ready for development as townhomes, apartments, or perhaps office. Corner of Middle Valley Rd and Shelby Cir. Shelby is the west entrance into Valleybrook/Windbrook. Very convenient to Hixson High School, Publix, Food City, restaurants, churches, golf courses, Greenway Farms (with a dog park). A very short drive to Northgate Mall and other shopping, Memorial Hospital, and medical office parks. Steady growth area of Chattanooga region.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 091M D 002.05
Zoning: R-4, R-1
Property Located Between: Shelby Circle and Arbor Landing Dr on Middle Valley Rd
Property Visibility: Excellent
Legal Description: Lot 1, Revised Plat of Loy Subdivision, Plat Book 86 Page 133.
Largest Nearby Street: Hixson Pike
Feet of Frontage: 350
Traffic/Vehicle Count: 13,148
Airports: CHA - 11.5 mi, 18 mins
Area Description: Steady growth area of Chattanooga.
Lot Frontage: 350
Lot Depth: 180 to 280
Zoning Description: Permitted uses: Single-family, multiple-family dwellings, excluding trailers, Bed and Breakfast, schools and libraries, Churches , Professional, medical or dental offices and clinics, Labs and research centers without odors or noise, Offices, Banks and bank branches, Day care homes, Radio, television and motion picture production studios, Parking lots and garages as an accessory to a permitted use when located on the same lot or an adjacent lot, and Short-Term Vacation Rentals. Permitted by special exception: Fraternal clubs, Hospitals and nursing homes, Funeral homes, mortuaries, Day care centers, Companion Animal Hospitals and Pet Funeral Homes, Drug and alcohol, penal or correctional halfway houses or rehabilitation centers, Gift shops, Beauty shops, barber shops, and hair salons, Assisted Living Facilities.
Easements Description: 20' Sewer Easement about 100' long. Small Anchor easement.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,303 35,596 80,533
Median Age: 46.95 42.45 41.3
Households: 1,385 14,303 33,621

Contact

Photograph of Listing Agent

Benjamin Pitts

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
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