1.47 Acre Corner Commercial Lot located at Hwy 27 Bypass & Hwy 136

Vacant Land for Sale
1.47 Acre Corner Commercial Lot located at Hwy 27 Bypass & Hwy 136
Catylist Listing ID: 30656805
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 1.47 Acres
Sale Price: $75,000
Unit Price: $51,020 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/11/2021

Overview / Comments

Commercial corner lot with road frontage. Multiple possible uses for this property such as convenience store, multi-family, retail, office, storage, etc. Seller will consider subdividing. Land is in partial flood plain.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Walker
Taxing Authority: City of LaFayette
Tax ID/APN: 1040 010
Property Visibility: Excellent
Legal Description: PTLL 47, 7 District, 4th Section
Largest Nearby Street: Hwy 27 Bypass
Feet of Frontage: 540
Highway Access: Buyer will have to determine access.
Site Description: Flat, corner lot, high visibility
Lot Frontage: 300 x 240
Lot Depth: 240
Zoning Description: LFB2 - will need to be rezoned for commercial use.
In Flood Plain?: Yes
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,457 8,033 15,435
Median Age: 40.69 38.77 39.47
Households: 920 3,182 5,964


Photograph of Listing Agent

Justin W Grinnell

Grinnell Realty LLC Greater Chattanooga REALTORS® Member
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