McCallie @ Central Prime .68 ac Hard Corner

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30288928
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Status: Pending
Gross Land Area: 0.68 Acres
Sale Price: $499,000
Unit Price: $733,823 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2021

Overview / Comments

Diagonally across McCallie Avenue from a planned $38 Million student housing apartment complex. .68 acre parcel, 285' on Central Avenue and 120' on McCallie Avenue. Ideal for apartments (student housing) or other commercial mixed uses.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Chattanooga
Tax ID/APN: 146H K 011
Zoning: U-CX-3
Property Located Between: Central & McCallie
Property Visibility: Excellent
Legal Description: Lt 14 Mc Callies Addn Pb 1 Pg 34 Re V 96-135 0074 26 14
Largest Nearby Street: McCallie Ave.
Feet of Frontage: 285
Traffic/Vehicle Count: 12,000
Highway Access: Central to 23rd St to I-24
Airports: Chattanooga Lovell Field
Site Description: .68 acres with 1200 vehicles per day traffic count and high visibility.
Area Description: Located within walking distance of the University of Tennessee at Chattanooga. Nearby Erlanger Health Systems main campus and the bustling Central Avenue corridor is this multi-use parcel.
Lot Frontage: 120
Lot Depth: 285
Zoning Description: U-CX-3
Topography: Gently Sloping
Easements: Electric Lines, Ingress/Egress, Water Rights, Utilities
Soil Type: Gravel
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,545 64,750 137,183
Median Age: 27.88 34.39 36.74
Households: 3,496 26,170 57,107


Photograph of Listing Agent

Tad Bromfield

Sentinel Commercial Properties Greater Chattanooga REALTORS® Member
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