Catylist ID:
#30629916
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. |
Attachments & Media
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 |
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 |
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