4004 Hwy 58 - Multi-Family / TownHomes / Self-Storage Facility

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30179824
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Status: Pending/Contingent
Gross Land Area: 5.11 Acres
Sale Price: $315,000
Unit Price: $61,643 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2020

Overview / Comments

Site ideal for Multi-Family ; Self- Storage facility
Over 13,000 Residential Homes within 3 miles
Adjacent to C-2 Commercial Zoning , Multi-Family, and Single Family Residential
Great Visibility
Dedicated Ingress/Egress to Hwy 58
40,000 Plus VPD

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga & Hamilton County
Tax ID/APN: 120 O H 025.04
Zoning: R-3, , R-2, C-2
Property Located Between: Zaxby's Chicken Fingers & Buffalo Wings, Hardees, China Garden to the South & White's Cycle/Marine, Honda Powersports, Ace Hardware to the North
Property Visibility: Excellent
Legal Description: PT NW 1/4 SEC 29 TWP 5 R-3
Largest Nearby Street: Hwy 58
Feet of Frontage: 765
Traffic/Vehicle Count: 35,000
Highway Access: 1/4 mile to TN Hwy 58 3 Miles to TN Hwy 153 7 Miles to I-75
Airports: Chattanooga Metropolitan Airport
Site Description: largely Level and cleared land
Area Description: Commercial Area mixed with Multi-Family and Single Family
Lot Frontage: 765 on Teakwood Drive
Lot Depth: 960 of of Hwy 58
Zoning Description: Majority of parcel is Zoned R-3, with a portion in R-2 and C-2 designations
Development Name: 4004 Hwy 58 - Development
Topography: Level
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Easement to Parcel off of Hwy 58
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,269 32,271 117,619
Median Age: 40.27 42.01 40.08
Households: 3,233 13,906 48,658


Photograph of Listing Agent

Travis L Hulsey

RE/MAX Properties Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Geoffrey S Ramsey

RE/MAX Properties Greater Chattanooga REALTORS® Member
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