Catylist ID:
#30442296
2.90 Acres / Pinewood Drive Near Gunbarrel
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30442296 |
| Property Subtypes: | Multi-Family, Residential (Single Family), Other |
| Status: | Pending/Contingent |
| 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: | 11/14/2019 |
Overview / Comments
|
BACK ON THE MARKET! 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 is a combination of 2 parcels totaling 2.90 acres. Sewer on property. There is a small white house on the smaller parcel which has zero value, and will be demolished in the coming weeks. The value is in the land. Additional property available. |
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 |
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 |
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