Retail/ Restaurant Site on Hwy 153 Acreage

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 29948505
Property Subtypes: Office, Retail
Status: Pending
Gross Land Area: 6.24 Acres
Sale Price: $675,000
Unit Price: $108,173 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/22/2018

Overview / Comments

Subject property features 2 parcels located on heavily trafficked Hwy 153 just north of Walmart. There is 400 feet of road frontage. The two parcels contain 7 acres that are currently zoned R-4 & R-1. These parcels could be rezoned to C-2 to accommodate any retail, restaurant, or office usage. Engineering work has been performed that will permit construction of a 20,000SF building and associated parking. This is site is directly across the street from Academy Sports & Kohl’s. Great access and visibility from Hwy 153. Parcels must be sold together for $975,000.

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Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033091I B 00100P000

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,644 34,430 79,346
Median Age: 41.06 41.73 40.86
Households: 2,332 14,432 33,753


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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