I-24 Land | 83 acres | Near Nickajack Lake, Marion County, TN

Vacant Land for Sale
Catylist Listing ID: 30629916
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 83 Acres
Sale Price: $2,565,000
Unit Price: $30,903 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Last Updated: 9/28/2020

Overview / Comments

This parcel is 83 acres of land between the eastern and western lanes of interstate I-24 in Marion County, TN just west of the Nickajack Lake and about 20 minutes west of Chattanooga, TN. The land can be subdivided. The land, mountains and lake make this part of Marion very scenic and beautiful. The boating, fishing and RV camping on Nickajack Lake (TVA lake) make this a very active outdoor area too. The property is just off of I-24 at Exit Number 158 and sits behind the Raceway store location. Land is priced at $30,904/acre.

I-24 carries 50,000 cars a day past this property. At this exit there is Speedway and Love's Travel Stop gas station. These two stores draw thousands of drivers off of the interstate already for gas, food and rest.The subject 83 acres is directly behind the Speedway. There is an easement through the Speedway parking to access the 83 acres.

The 83 acres would be excellent locations for hotels and restaurants, recreation like zip lines or a water park, a convention center, a solar panel array farm, retail stores and shopping, lake related activities, cell towers and many other uses. Please call to discuss these uses or others you may have.

There are also drone videos of these parcels. See links!

Other parcels of various acreage are also for sale. You can view those listings at the links below in the 'Attachments & Media' section.

Additional Details

Nearest MSA: Chattanooga
County: Marion
Taxing Authority: Marion
Tax ID/APN: 131 022.00
Zoning: NONE
Property Located Between: Interstate I-24 just west of Nickajack Lake at exit 158. Just west of Chattanooga.
Property Visibility: Excellent
Legal Description: Parcel number is 131 022.00, Marion County, TN.
Largest Nearby Street: Interstate I-24
Feet of Frontage: 3,500
Traffic/Vehicle Count: 50,000
Highway Access: Property is located at exit 158 on interstate I-24 just west of Nickajack Lake, Marion County, TN.
Airports: Marion County Airport, Chattanooga Metropolitan
Site Description: The site is 83 acres. It is about 800 feet wide and 3,500 feet long. It is on slight hill looking south towards Nickajack Lake. See Drone video link and attached map.
Area Description: The site is surrounded by interstate I-24 and has been about 50% forested. The site is near Jasper, South Pittsburgh and Kimball and west of Chattanooga by about 20 minutes.
Lot Frontage: 3,500
Lot Depth: 800
Zoning Description: No zoning
Development Name: Lee Investment Trust
Topography: Gently Sloping
Easements: Ingress/Egress, Utilities
Easements Description: There is an access easement through the Raceway parking lot. See attached diagram.
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,027 4,209 7,219
Median Age: 39.39 42.44 42.05
Households: 401 1,720 2,943

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.