Mountain and Farm Land, 950+ Acres

Vacant Land for Sale
Catylist Listing ID: 29826983
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 955 Acres
Sale Price: $2,102,188
Unit Price: $2,201 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2018

Overview / Comments

Assembled Parcels ranging from 25 acres to 176 acres which combined total approx 955 acres. Located in South Pittsburg TN, Marion County, in the ''Sweetens Cove'' area. Beautiful pastoral setting with wooded ridgetops rising above level farmland, meandering streams and views across the valley and beyond. On the subject property is well-known ''Bolton Point'' and notable cave systems (some which have been mapped). Two pasture tracts are adjacent which provides approximately 47 acres contiguous. Five mountain tracts are adjoining which provides approx 780 contiguous acres. One mountain parcel of approx 130 acres is an outlier. This assemblage of parcels is intended to be sold together as a whole. Parcels are under three different ownership names. The authorized signatory is common to all three ownership interests. The area around Sweetens Cove is also known by its historical name, 'Shakerag' which dates back to the days of Prohibition and the locals' early warning system to be on the lookout for Revenuers!

Additional Details

Nearest MSA: Chattanooga
County: Marion
Taxing Authority: Marion County
Tax ID/APN: several: 115 003.00; 116 010.00 - 010.01 - 011.00 - 016.03 - 020.00 - 023.01; 135 009.13
Zoning: AGRICULTURAL
Road Type: Paved
Legal Description: TAX PARCEL DEED BOOK/PAGE 115 003.00 410/1346 116 010.00 452/1553 116 010.01 408/681 116 011.00 240/120 116 016.03 302/203 116 020.00 276/475 116 023.01 259/535 135 009.13 407/711
Largest Nearby Street: Interstate 24
Highway Access: Interstate 24, Jasper TN Exit approx. 5 miles east of Property
Airports: Chattanooga Municipal
Site Description: Mountain and Pasture property. Hardwoods, Creeks.
Lot Frontage: Various
Lot Depth: Various
Zoning Description: Agricultural
Development Name: Chalupsky Farm, Shakerag
Topography: Rolling
Easements: Electric Lines, Ingress/Egress
Easements Description: 116 011.00 - 25 ft Ingress/egress; 5-J/243 116 016.03 - Restrictions for residential purposes; 302/203 116 020.00 - 18 ft easement; 118/471 116 023.01 - 50 ft easement; 324/220 135 009.13 - Cook mine Rd; 407/711

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,683 5,061
Median Age: 42.21 42.71
Households: 656 2,043

Contact

Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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