Land For Sale | Across From Walmart | Tiftonia/Lookout Valley

Vacant Land for Sale
Catylist Listing ID: 30628309
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 1.28 Acres
Sale Price: $750,000
Unit Price: $585,937 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/18/2020

Overview / Comments

Land for sale in Tiftonia / Lookout Valley along Cummings Highway near exit 174 on I-24. The nearly vacant land is directly across from Walmart and its signalized entrance. Previously the property contained a several hotel related buildings and a separate hotel office building. Now except for the old hotel office building, the property has been cleared. It is ready for a new a development.

It is likely that the traffic signal for Walmart could also be used for this property.

The parcel is 1.28 acres and has 457 feet of frontage and is about 250 feet deep. It is zoned C2 Commercial. The topography is a slope upwards from Cummings Hwy.

It could be a good location for retail or other commercial development.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County/Chattanooga City
Tax ID/APN: 154G D 011
Zoning: C2
Property Located Between: I-24 and Browns Ferry Road
Property Visibility: Excellent
Largest Nearby Street: Cummings Highway
Feet of Frontage: 457
Traffic/Vehicle Count: 12,628
Highway Access: Quick access to I-24 via exit 174
Airports: Chattanooga Metropoliatan
Site Description: The entrance is wide, level and at street grade. The site slopes upward with several terraced levels. Some of the site is undeveloped woods. It can also be accessed via Hemlock Circle. The parcel is directly across from the signalized entrance to the Walmart shopping center.
Area Description: The area is busy, popular and growing. This site is in the heart of the commercial development within Tiftonia / Lookout Valley.
Lot Frontage: 457
Lot Depth: 300
Zoning Description: C2 Commercial
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,811 54,728
Median Age: 40.95 36.56
Households: 4,645 22,592

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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