Vacant Commercial Land - Portfolio Sale at Exit 11 on I-75

Vacant Land for Sale
Catylist Listing ID: 30296482
Property Subtypes: Hospitality, Retail, Retail-Pad, Self Storage
Gross Land Area: 0.78 Acres
Sale Price: $530,000
Unit Price: $679,487 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/20/2019

Overview / Comments

Site adjacent to 5.34 acres of Level Vacant Commercial Land prime for Hospitality development / Mixed-Use Retail. 200 Feet Frontage plus 90 Feet of adjacent parcel front on Ooltewah Georgetown Rd.

290 Feet of Road Frontage coupled with adjacent parcels also available on Ooltewah Georgetown Rd.

Site adjacent to 5.34 acres with 265.50 feet of road frontage on Relocation way facing Interstate 75 ( I-75 )

Adjacent Parcels Available. Ingress / Egress and Curb Cuts Available on both Relocation Way to the North of the Site and Ooltewah Georgetown Rd to the South. Seller is Selling Land Only Purchaser's development must negotiate curb-cuts and ingress/egress to best for their development

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga & Hamilton County
Tax ID/APN: 132A B 011 & 132A B 012
Zoning: C-2
Property Located Between: Lee Hwy , Ooltewah Georgetown Road , Relocation Way
Property Visibility: Excellent
Legal Description: 6027 Ool. Grtwn Rd. - Lots 17 & 180 Scoggins Addn Pb R17 Pg415 6029 Ool. Grtwn Rd. - Lots 19 & 20 Scoggins Addn Pb R17 P G415
Feet of Frontage: 200
Traffic/Vehicle Count: 8,000
Highway Access: Half (0.50 ) mile to Interstate 75 Eight Hundred ( 800' ) feet to Lee Hwy ( US 64 )
Airports: Chattanooga Metropolitan Airport
Site Description: Level Parcels on Ooltewah Georgetown Rd adjacent to 5.34 acres of Level Land prime for Hospitality development. Site Visible from Interstate 75 ( I-75 ) Half Mile from Exit 11 on I-75
Area Description: Growing Commercial / Retail exit in Chattanooga TN / Ooltewah TN area Area in need of greater Hospitality presence
Lot Frontage: 200 feet
Lot Depth: 170 feet
Zoning Description: C-2
Topography: Level
Easements: Ingress/Egress, Utilities
Easements Description: Easement onto Ooltewah Georgetown Rd
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: 3 miles 5 miles
Total Population: 19,562 57,574
Median Age: 39.71 39.55
Households: 7,279 21,048


Photograph of Listing Agent

Travis L Hulsey

RE/MAX Properties Greater Chattanooga REALTORS® Member
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