Site Ready and Approved for 4,200 SF Building with Drive-Thru

Vacant Land for Sale
Catylist Listing ID: 30321421
Property Subtypes: Office, Retail, Retail-Pad, Other
Gross Land Area: 0.44 - 0.64 Acres
Sale Price: $329,500
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/11/2019

Overview / Comments

Property is already approved for a 4,200 SF building with a drive-thru. The purchase includes approved completed site/civil plans and an issued land disturbance permit. The approved building could have 3 to 2 units and could be designed for singular use as well. Perfect for an Insurance Agency, Salon, Restaurant or Office. The potential cap rate for the building could be up to 8.5% with a NNN Lease tenant(s).

Contact Listing agent for questions.
Listing agent does not guarantee the accuracy of the Acreage. Buyer to verify Acreage.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 149K C 033.03
Zoning: C2
Property Visibility: Excellent
Legal Description: Lt 2 James Lane Sub Pb 62 Pg 274
Largest Nearby Street: Shallowford Road
Traffic/Vehicle Count: 11,000
Site Description: Level site ready for development
Area Description: Thriving in all directions located by a busy intersection, dry cleaner, two gas stations and a growing private school (Grace Academy) with daycare and grades K-12.
Lot Frontage: 95.36
Lot Depth: 294.61
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,759 53,148 94,529
Median Age: 42.14 41.03 39.45
Households: 3,692 21,462 37,969


Photograph of Listing Agent

Jon B Hughes

Pointe Commercial Real Estate Greater Chattanooga REALTORS® Member
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