Development Site, 2.74AC, I-75 at Exit 9 'Volkswagen'

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30295171
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Retail, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 2.74 Acres
Sale Price: $1,370,000
Unit Price: $500,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/28/2020

Overview / Comments

2.74 Ac Development Parcel at I-75 Exit 9 "Volkswagen / Apison Pk". This site is the north parcel of Tax ID 131P B 003 which will be subdivided from the whole for transfer of the stated 2.74 acres. Taxable Address is 8011 Old Cleveland Pk. The site is cleared, graded and released from TDOT highway improvement project (widening of ROW). The site is well exposed to both Apison Pike (HWY 317) and commuter traffic at the Exit 9 Interchange. The site is fine graded and compacted. All necessary TDOT conditions have been completed.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chatt, Hamilton Co
Tax ID/APN: 131P B 003 part of
Zoning: M-1
Property Visibility: Excellent
Largest Nearby Street: I-75
Feet of Frontage: 350
Highway Access: I-75 at Ext 9 (Volkswagen / Apison Pk).
Airports: Chattanooga Municipal
Site Description: Level, Cleared, Graded. TDOT ROW Project completed. Sewer available, buyer to install.
Area Description: I-75 Corridor. In close proximity to major manufacturing (Volkswagen), Regional Retail (Hamilton Place Mall), employment, schools. Growth Area of Hamilton County.
Lot Frontage: 350
Lot Depth: 340
Zoning Description: M-1
Topography: Level
Easements Description: TDOT Drainage Easement at Road Frontage. Seller will provide sewer easement connection on seller's 'South Parcel' to serve this lot.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,012 23,766 63,973
Median Age: 36.38 37.88 39.84
Households: 824 8,258 23,273


Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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