E Brainerd Development Acreage

Vacant Land for Sale
Catylist Listing ID: 30435567
Property Subtypes: Hospitality, Office, Retail, Other
Gross Land Area: 3.63 Acres
Sale Price: $998,000
Unit Price: $274,931 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2019

Overview / Comments

Vacant Land Zoned R3. "Going to Work" side of street in a fast growing corridor with upscale Professional, Office and Retail Uses. Great exposure along a straight-a-way of 5 lane (4 + turning lane) major collector / commuter route. Only 1/2 mile from I-75 at Exit 7 ("Collegedale / Bonny Oaks"). Area uses include Corporate Campus Centers (US EXPRESS), Multi Family, Medical (Pediatrics, Dental, Orthodontics, Internal Medicine, Senior Care), Commercial Office Buildings. Other planned uses in the immediate proximity include Class A Climate Control Storage, Religious Education Offices.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Submarket Type: Suburban
Taxing Authority: Hamilton County, City of Chattanooga
Tax ID/APN: 139 004.02
Zoning: R3
Property Located Between: I-75 and Standifer Gap Road (roundabout)
Property Visibility: Excellent
Legal Description: Lot 2 Standifer Place Sub Plat Book 60 Page 147
Largest Nearby Street: Jenkins Rd and I-75
Feet of Frontage: 525
Traffic/Vehicle Count: 15,000
Highway Access: Jenkins Rd (5 Lane) to I-75 at Exit 7 ("Collegedale / Bonny Oaks)
Airports: Chattanooga Municipal
Site Description: 3.63 +/- acre lot. Platted. Partially cleared. Excellent Visibility. Frontage on Jenkins Rd approx 525 ft. and Depth approx 600 ft.
Area Description: Professional Uses surround the site: Professional Plaza, Upscale Retail, Medical, Office, Corporate Campuses, Class A Multi Family. Natural expansion area from Hamilton Place Mall (Largest in TN) and commuter connector from upscale residential, schools, employment, medical and senior care. New installations to break ground in the immediate vicinity.
Lot Frontage: 525
Lot Depth: 600
Zoning Description: R3
Topography: Gently Sloping
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,841 42,894 97,938
Median Age: 43.31 41.33 39.44
Households: 2,539 17,228 39,384

Contact

Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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