Catylist ID: #30211975
Comm Development Opportunity on Signal Mtn
Vacant Land for Sale
|Catylist Listing ID:||30211975|
|Property Subtypes:||Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage|
|Gross Land Area:||0.75 Acres|
|Unit Price:||$133,333 Per Acre|
|Sale Terms:||Cash to Seller|
Overview / Comments
This development site is located adjacent to the Signal Mtn Post Office on the right hand (North) side. On the other side of the parcel, there are 3 duplexes that front Cauthen Way. The property would require a rezoning in order to develop a commercial or multifamily development. Currently, there is a small dilapidated house on the property.
Given the commercial use to the left (south side) and multifamily use the right (North) and closeness to the shopping centers and other commercial users, I think there is a good chance of winning the rezoning case. In addition, the residential house in the rear which fronts James Blvd is 300-400 feet away.
The buyer would also need to investigate whether the property could be connected to the sewer system. A septic system Is currently on site.
The brochure contains the zoning maps.
The site would be an excellent location for many uses, such as an office building for medical or general office, restaurant, retail or multifamily to name a few.
|Taxing Authority:||Hamilton County, Signal Mountain|
|Tax ID/APN:||108A D 034|
|Property Located Between:||Cauthen Way and Ridgeway Ave|
|Largest Nearby Street:||Ridgeway Ave which is Taft Hwy|
|Feet of Frontage:||75|
|Highway Access:||The properrty fronts Ridgeway Ave/Taft Hwy with 75 feet of frontage.|
|Site Description:||The site is at street grade with a small slope up for the first 150 feet and then slopes more for the back 150 feet. The property is approximately 75 wide and 331 feet deep.|
|Area Description:||The location is right at the commercial node where the post office, shopping centers, grocery store and convenience stores are located.|
|Zoning Description:||Low Density Residential. Adjacent to Moderate Density Residential|
|Available Utilities:||Electric, Water, Gas, Broadband, Internet Access, Other|
|Proximity:||1 mile||3 miles||5 miles|
Robert FisherKW Commercial Greater Chattanooga REALTORS® Member
|© Copyright 2001-2018 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.|