8864 N Hwy 27

Vacant Land for Sale
Catylist Listing ID: 30217381
Property Subtypes: Residential (Single Family), Other
Gross Land Area: 28 Acres
Sale Price: $750,000
Unit Price: $26,785 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/6/2018

Overview / Comments

The land sits on the NE side of Hwy 27 in Rock Spring, with a full view toward Lookout and Signal Mountains. The highest peak sits atop the highest elevation in Rock Spring, offering picturesque views north and south. With an entrance onto Hwy 27 there is a 2nd roadbed to Arnold Road. The back or east side of the property is against a vacant residential house. Opportunities for neighborhood development are plentiful, especially given the proximity to Saddle Ridge Schools. Another plus is the frontage to Hwy 27 is already zoned commercial. The land has been excavated to include many solid roadbeds and a complete plan and installation of an Erosion and Sedimentary Control Plan/SEP. An 11 acre surface mine is operating on the property, yielding local excavation

and grading contractors the only north Georgia legal source for soil/chert/rock. Current income varies widely, limited only by process and hauling capabilities of each contractor.

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: Walker County
Tax ID/APN: 03232 029
Zoning: R-2A PART COMMERCIAL
Property Visibility: Excellent
Largest Nearby Street: HWY 27
Topography: Gently Sloping
Easements: Ingress/Egress

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,911 8,686 28,546
Median Age: 40.48 39.42 38.35
Households: 719 3,123 10,341

Contact

Photograph of Listing Agent

Darrell Henry

Fletcher Bright Realty Greater Chattanooga REALTORS® Member
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