Commercial Land / Hotel Site/ Climate Control Site, Retail Site

Vacant Land for Sale
Catylist Listing ID: 30193496
Property Subtypes: Hospitality, Retail, Retail-Pad, Self Storage
Gross Land Area: 2.35 Acres
Sale Price: $235,000
Unit Price: $100,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2019

Overview / Comments

The property is located immediately off of exit 49 Athens/ Decatur Rd. and is on the right hand side of the road behind the Burger King. The property has a private drive easement that comes with the property and is shared with Burger King. This is a unique property and has fantastic visibility from I-75. The property is approximately 2.35 acres and is flat ready to be developed. The property is adjacent to the Motel 6 and directly behind the Burger King. The property is surrounded by Dunkin Donuts, Russell Stover Chocolates, Waffle House, Ruby Tuesday, Holiday Inn, Hardees, and a Kangaroo Gas Station. This property would make a great truck stop, hotel site, climate control storage facility or a medical office development.

Demographics
McMinn County, Tennessee encompasses 430.13 square miles. Incorporated areas within McMinn County include the City of Athens, Town of Calhoun, Town of Englewood, City of Etowah, and the City of Niota. The City of Athens is the largest incorporated area and a Metropolitan Statistical Area. The Athens Metropolitan Area is part of the larger Chattanooga – Cleveland – Athens Combined Statistical Area. The 2010 Census of Population shows the population in McMinn County is 52,341, a 6.8 percent (6.8%) increase from the 2000 Census of Population.

Additional Details

Nearest MSA: Athens
County: McMinn
Taxing Authority: Mcminn
Tax ID/APN: 046 252
Zoning: COMMERCIAL
Property Located Between: Whitaker and Hwy 30
Property Visibility: Excellent
Legal Description: 01 053 053 00500 000
Largest Nearby Street: Hwy 30
Feet of Frontage: 400
Traffic/Vehicle Count: 14,000
Highway Access: Ingress and Egress to Hwy 30 from a road going directly to the property.
Airports: Chattanooga Metropolitan Airport / Athens / Knoxville
Site Description: Level lot and Public Utilities are Available.
Area Description: ACCESS FROM HWY 30! The property is ideal for a hotel, multi-family or travel related development. The property has access off of Whitaker Rd. The utilities include public water, sewer, and electricity. This location is a growing industrial/commercial area. Easy access to Interstate I-75 and direct access to Decatur Pike/Highway 30. High traffic area.
Lot Frontage: 400
Zoning Description: C1
In Flood Plain?: Yes
Topography: Level
Easements: Ingress/Egress
Easements Description: Easement from Hwy 30 will be sold with the property! Adjacent to a new Burger King.
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,523 23,222
Median Age: 40.49 40.05
Households: 4,530 9,478

Contact

Photograph of Listing Agent

Wendy J Elliott

Stonecrest Properties Greater Chattanooga REALTORS® Member
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