OOLTEWAH LAND WITH DEVELOPMENT POTENTIAL

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30655283
Property Subtypes: Mobile Home Park, Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 7.22 Acres
Sale Price: $50,000 - 200,000 Per Acre
Total Price: $361,000 - 1,444,000
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Auction License Number: 4526
Cap Rate: Undisclosed
Last Updated: 10/5/2020

Overview / Comments

Public Auction on Saturday, October 24th at 10:30 a.m. - Investors Take Note! 7.22+- Acres with sewer access just waiting for development in Ooltewah! This fantastic location is located just minutes from I-75 between the Volkswagen & Ooltewah exits. There are currently 2 mobile homes on the property that could possibly be renovated & rented or even removed for building a private home or for a development. The value is in the land. The possibilities here are limitless. See you at the Auction! Terms: 10% Buyer's Premium, 20% Non-Refundable Deposit Due Day of Sale with Closing in 30 Days, Sells As-Is, Where-Is with No Warranties.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033131 00800
Property Located Between: I-75N & Old Lee Hwy
Property Visibility: Fair
Legal Description: Pt Se 1/4 Sec 28 Twp 4 R 2
Largest Nearby Street: Old Lee Hwy
Feet of Frontage: 625
Topography: Level
Easements: Utilities
Easements Description: Sanitary Sewer
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,324 22,500 65,622
Median Age: 38.09 39.82 40.04
Households: 507 7,847 24,691

Contact

Photograph of Listing Agent

Mollie A Majors

Crye-Leike REALTORS Greater Chattanooga REALTORS® Member
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