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: 9/16/2021

Overview / Comments

Located less than 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

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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

Contact

Photograph of Listing Agent

Andrew D Holt

Healy & Company, LLC Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

John R Healy

Healy & Company, LLC Greater Chattanooga REALTORS® Member
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