Multi-family Tract for Sale
Vacant Land
for Sale
| Catylist Listing ID: |
30758213 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
17.37 Acres
|
| Sale Price: |
$3,000,000 |
| Unit Price: |
$172,711 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/11/2022 |
Overview / Comments
Located about a mile away from Interstate 75, this 17.37± acre site is ideal for a garden style apartment community. The property provides two points of easy access to Interstate 75 via Cloud Springs Road and Exit 1 in East Ridge.
Situated just across the Georgia state line, it is just minutes from the area's premier new retail development at Jordan Crossing, which is home to Bass Pro Shops, Chick-Fil-A, Starbucks, and Top Golf, among others.
The surrounding area also includes a new hotel under construction, Costco Wholesale, and a brand new Food City grocery store.
*Buyer to verify zoning and lot size.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Catoosa |
| Tax ID/APN: |
0019A028 |
| Property Visibility: |
Good |
| Legal Description: |
Tracts 1 & 2 Jacquelyn Smith Survey Landlot: 2 Landdist: 28 |
| Largest Nearby Street: |
Highway 41 |
| Highway Access: |
Interstate 75 is accessible via Cloud Springs Road and Exit 1 in East Ridge. |
| Airports: |
Chattanooga |
| Site Description: |
Rises from front to back. |
| Lot Frontage: |
600 |
| Lot Depth: |
510 |
| Zoning Description: |
Split |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
971 |
44,829 |
135,246 |
| Median Age: |
32.66 |
39.05 |
39.18 |
| Households: |
328 |
19,490 |
55,787 |
|
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