Prime 2.99 Acres in Soddy Daisy

Vacant Land for Sale
Catylist Listing ID: 30180358
Property Subtypes: Office, Retail-Pad, Other
Gross Land Area: 2.99 Acres
Sale Price: $225,000
Unit Price: $75,250 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/13/2018

Overview / Comments

Prime 2.99 acres in the heart of Soddy Daisy waiting to be developed. This would be a great location for a Car Wash, Dunkin Donut, Starbucks, Convenience Store, warehouse, rec center, only to name a few. Seller has an approved plan with an 18,000 square foot building with 92 parking spaces.

The owners have paid for a survey, and had the sewer extended to the corner of the property at the street. A new Fast Pace urgent care has just been completed to the left of this property. Across the street is an office strip center with Edward Jones as their anchor tenant. Tall Pines Mobile Home Park is located right behind the office center. Walmart is across the street from this property and a new apartment complex has been completed just minutes from this location. There is a billboard currently being leased for $500 a year. This contract can be canceled at anytime.

This property fronts on both Dayton Pike and Springfield with a Springfield address.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 065 054.02 and 065 053
Zoning: C 2
Property Located Between: Porter and Walden Cir
Property Visibility: Excellent
Legal Description: Springfield Road Out of 065-053.01 for 2010; Springfield Road 065 053
Largest Nearby Street: Harrison Lane
Feet of Frontage: 585
Highway Access: Highway 27
Airports: Chattanooga Metropolitan Airport
Site Description: Gentle slope to the property on the Dayton Pike side which has 585 feet of road frontage. Level to the street on the Springfield side which has 504 feet of road frontage. Small cemetery located on the property which only has one grave it in. This encompasses about 1/4 acre of the property. This should be easily worked around with a fence and landscaping. Seller has documentation and a survey being completed.
Area Description: Light commercial, residential, multi-family
Lot Frontage: 585
Lot Depth: 296
Zoning Description: C 2
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,986 15,661 34,927
Median Age: 43.12 39.7 40.61
Households: 1,710 6,079 13,410


© Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga Association of REALTORS┬« nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.