Great opportunity in Chattanooga's growing Southside!

Vacant Land for Sale
Catylist Listing ID: 30639386
Property Subtypes: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Other
Gross Land Area: 20,909 - 0.48 Acres
Sale Price: $650,000
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/27/2020

Overview / Comments

Great Opportunity to invest in Chattanooga's booming Southside! Corner lot located between 25th & 26th streets and Chestnut street. Located across from the gateway entrance to the former 140-acre US Pipe /Wheland Foundry Facilities and Tennessee River Walk trailhead/parking lot. An abundance of planned and recently completed mixed-use construction in the area. One lot over is the Foundry Flats a $7M condo project and three blocks down is Chestnut Flats a $20M condo development. The city has recently started the first of many infrastructure upgrades in the South Broad District Plan and Tdot is in the bidding process for the new exits from I-24 to South Broad and South Market Streets. It's a perfect time to get in early as the area grows around you.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033145N F 00100
Zoning: M1
Property Located Between: Chestnut/ W 25t & 26th Streets
Legal Description: LT 1 CENTRAL OF GEORGIA RAILROAD OU T OF R/R ROW FOR 2018
Largest Nearby Street: Chestnut Street
Highway Access: I 24
Airports: Chattanooga
Site Description: Level
Area Description: Growing
Zoning Description: M1
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access, Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,029 52,457 122,282
Median Age: 26.71 34.11 36.42
Households: 1,466 20,590 50,284

Contact

Photograph of Listing Agent

Brandon M Olinger

Southeast Land Solutions, LLC Greater Chattanooga REALTORS® Member
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