East Brainard Road Development Site

Vacant Land for Sale
Catylist Listing ID: 30626105
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort, Other
Gross Land Area: 18 - 20 Acres
Sale Price: $1,599,000
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/1/2020

Overview / Comments

Prime 18-20 acre tract in the heart of East Brainerd for multi-family unit housing. This is ideal for development of apartments, town homes, senior living, high density residential , duplexes, destination retail and many other types of development. This property has over 200 feet of road frontage on high traffic east brainerd rd. There are two entrances to the property off of East Brainard Road. One being beside the Walmart Nieghborhood market , the other next to the car wash. The location is prime for easy access to major factories ( Volkswagen, Amazon,and most industrial parks in the area ) so a development of high density residential could be perfect here. Great access to the airport and major highways. This is already a central area in the east side of Chattanooga for retail and major destination shopping. The school zone also is a bonus for any type of development. Several similar developments have gone in near by and have all been successes. There is an electronic gate entrance and a long paved driveway at the front entrance.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033159P B 01204
Zoning: R3-R1
Property Located Between: Hamilton Place mall area and Ooltewah Ringold Road
Property Visibility: Excellent
Legal Description: Lt 2 polestar sub Pb 59 page 167 Rev 10 1-25
Largest Nearby Street: East Brainard Road
Feet of Frontage: 200
Highway Access: Very close to Interstate 75, and access to Hwy 153, and Interstate 24.
Airports: CHATTANOOGA AIRPORT
Site Description: Adjacent to Walmart, level lot, good frontage
Area Description: Class A area with major retail, medical, and destination shopping already in place.
Lot Frontage: Survey on file
Zoning Description: R-4 Multi-family, R-1 single family residential
Topography: Level
Easements: Pipelines, Electric Lines, Water Rights, Utilities
Easements Description: power easements
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Storm Drain, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,720 47,098 92,968
Median Age: 40.58 40.8 39.2
Households: 2,173 18,999 36,867

Contact

Photograph of Listing Agent

Jonathan Campbell

Keller Williams Realty Greater Chattanooga REALTORS® Member
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