2.90 Acres / Pinewood Drive Near Gunbarrel

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30442296
Property Subtypes: Multi-Family, Residential (Single Family), Other
Status: Pending
Gross Land Area: 2.90 Acres
Sale Price: $200,000
Unit Price: $68,965 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/24/2020

Overview / Comments

2.90 Prime acres available on Pinewood Drive down from Gunbarrel Road just waiting to be developed. It is currently zoned R1 and it is ready for residential development! 200 feet of road frontage on Pinewood Drive.

This can be sold in conjunction with the 2 other properties totaling 13.92+- acres.

Sewer at the corner of Pinewood and Gunbarrel.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 149B B 012 & 103
Zoning: R1
Market Type: Medium
Property Located Between: Gunbarrel and Standifer Gap on Pinewood
Road Type: Paved, 2-Track
Property Visibility: Excellent
Legal Description: Blk 7 Varnell Farms Pb 14 Pg 140 and Lots 48 & 49 Blk 7 Varnell Farms Pb 14 Pg 140
Largest Nearby Street: Gunbarrel Road
Feet of Frontage: 200
Traffic/Vehicle Count: 27,395
Highway Access: I75
Airports: Chattanooga Metropolitan Airport
Site Description: level, slightly wooded
Area Description: Residential, Apartments, Churches
Lot Frontage: 200
Lot Depth: 650
Zoning Description: R1
Topography: Level
Available Utilities: Electric, Water, Sewer

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,262 46,238 102,840
Median Age: 41.76 40.32 39.81
Households: 2,520 19,169 41,745


Photograph of Listing Agent

Judy Webster

Keller Williams Realty Greater Chattanooga REALTORS® Member
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