2.2 Acres of Prime Commercial Land

Vacant Land for Sale
Catylist Listing ID: 30336253
Property Subtypes: Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 2.20 Acres
Sale Price: $650,000
Unit Price: $295,454 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/28/2018

Overview / Comments

This is prime commercial land in Dayton, TN. Within 1 mile are Lowes, Walmart, Advance Auto Parts, O'Reilly's, car dealerships, McDonald's, Zaxby's, Wendy's, Arby's and several banks and hotels and many other stores.. There are two parcels to the subject property.

The front parcel is 2.2 acres with 305 feet of frontage on Hwy 27 and 336 feet of depth. The front parcel is zoned C2. The front parcel is listed at $650,000 or $295,454/acre. There is an occupied single family home on the front parcel.

This property also has a rear parcel of 2.4 acres which is zoned residential which is behind Pine St and below Black Oak Ridge Road. It is an additional $140,000 or $58,333/acre. The two parcels can be purchased together or separately. The back parcel would make a very nice residential lot or two. About 2/3 of the back lot is covered with pine trees.

Additional Details

Nearest MSA: Dayton
County: Rhea
Taxing Authority: Rhea County/ Dayton City
Tax ID/APN: 096 114.00
Zoning: C2
Property Located Between: S Pine St and Rhea County Hwy
Property Visibility: Excellent
Largest Nearby Street: Rhea County Hwy-Hwy 27
Feet of Frontage: 305
Traffic/Vehicle Count: 20,956
Highway Access: Fronts Hwy 27 (Rhea County Hwy)
Airports: Chattanooga Metropolitan
Site Description: The site is level in the front and gradually slopes up about 15 feet over 336 feet of depth. The front Hwy 27 which has 5 lanes with the middle being a turn lane.
Area Description: Dayton is just north of Chattanooga and south of Knoxville. It is home to a very large Lay-Z-Boy manufacturing plant and a $300 million Nokian yire plant which is under construction.
Lot Frontage: 305'
Lot Depth: 336'
Zoning Description: Commercial C2
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,152 9,171 15,523
Median Age: 33.97 37.51 35.89
Households: 827 3,526 5,799

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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