5478 Highway 58

Vacant Land for Sale
Catylist Listing ID: 30255997
Property Subtypes: Multi-Family, Office, Retail, Self Storage
Gross Land Area: 0.83 Acres
Sale Price: $125,000
Unit Price: $150,602 Per Acre
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 2/6/2019

Overview / Comments

Excellent development opportunity along the main artery of the fast growing Harrison Area. This parcel is zoned C-2 which would support a wide variety of retail options. The property is adjacent to Carriage Hill Insurance, which has been an established company in this location for decades. Also, there is a 2 sided large billboard on the property with active leases. With nearly 300' of frontage, and a median cut, this parcel has excellent access and visibility. Finally, the property is level, lays well and would be an easy site to develop.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 120E B 002
Zoning: C-2
Property Located Between: Carriage Hill Insurance and Cornerstone Baptist Church
Property Visibility: Excellent
Legal Description: Tax map number 120E B 002
Largest Nearby Street: Hickory Valley Rd
Feet of Frontage: 294
Traffic/Vehicle Count: 30,250
Highway Access: Median Cut just east of property. 60' of right of way from edge of road to property frontage.
Airports: Chattanooga Metropolitan Airport
Site Description: Level, 300' frontage, Triangle shaped.
Area Description: Highway 58 is the main artery connecting the large Harrison area with Greater Chattanooga. Strong Office and Retail market. Located near the Chickamauga Lake and TN River.
Lot Frontage: ~300
Lot Depth: 234.79
Zoning Description: C-2
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,783 22,126 78,309
Median Age: 41.01 41.48 40.46
Households: 789 9,076 31,071


Photograph of Listing Agent

Matt McDonald

Real Estate Brokers Greater Chattanooga REALTORS® Member
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