Cannon Crossings - Development Land

Vacant Land for Sale
Catylist Listing ID: 30658583
Property Subtypes: Hospitality, Office, Retail, Retail-Pad, Self Storage
Gross Land Area: 0.60 - 18.58 Acres
Sale Price: $55,800 - 1,845,300
Land Splits Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/1/2020

Overview / Comments

Cannon Crossings is located at the intersection of Hwy 27 and Lee and Gordon Mill Road. Water detention and utilities are in place and lots are ready for construction.

15,400 vehicles per day on Hwy 27 and 7,150 vehicles per day on Lee and Gordon Mill Road.

Total site is approximately 18.58 acres, divided into 13 lots. Available as individual lots or as a whole. Alternate divisions available.

Individual Lot Pricing:
Lot 7: $640,000 (8.00 Ac +/-)
Lot 8: $102,000 (1.02 Ac +/-)
Lot 9: $206,250 (1.00 Ac +/-)
Lot 11: $89,000 (0.89 Ac +/-)
Lot 12: $55,800 (0.62 Ac +/-)
Lot 13: $81,000 (0.90 Ac +/-)
Lot 14: $72,000 (0.80 Ac +/-)
Lot 15: $81,000 (0.90 Ac +/-)
Lot 16: $80,000 (0.80 Ac +/-)
Lot 17: $187,000 (1.70 Ac +/-)
Lot 24: $200,000 (0.50 Ac +/-)
Lot 25: $200,000 (0.75 Ac +/-)
Lot 35: $200,000 (0.70 Ac +/-)

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: City of Chickamauga; Walker County
Tax ID/APN: 3026 018
Zoning: C-1 AND C-2
Property Visibility: Excellent
Largest Nearby Street: US 27
Traffic/Vehicle Count: 15,400
Site Description: Graded, level lots with stormwater detention and utilities in place.
Area Description: Commercial hub of Chickamauga, surrounded by hospitality, multi-family, office, retail and restaurant uses.
Zoning Description: The C-1, Neighborhood Commercial District, is intended to provide locations for neighborhood shopping facilities in which are found retail commercial uses which have a neighborhood orientation and which supply necessities usually requiring frequent purchasing with a minimum of consumer travel. The C-2, General Commercial District, is intended to promote general commercial activities in appropriate and concentrated locations along major streets and the existing city center.
Development Name: Cannon Crossings
Topography: Level

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 15,580 41,222
Median Age: 39.33 39.55
Households: 6,003 16,022

Contact

Photograph of Listing Agent

Jason A Lehn

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Benjamin Pitts

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
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