Hwy 58 Development Land

Vacant Land for Sale
Catylist Listing ID: 28655442
Property Subtypes: Multi-Family, Office, Retail
Gross Land Area: 3.30 - 14.90 Acres
Sale Price: $135,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/22/2021

Overview / Comments

15 Acres +/- available for retail, office, or multi-family development on Hwy 58 at intersection with Hickory Valley Road. Zoned C-2 in Chattanooga City limits. 1500 Feet frontage on Hwy 58. 31,255 Vehicles per Day (TDOT 2018).

Easy access and great visibility. 3 miles northeast of intersection with Hwy 153. 4.4 miles to I-75 via Hickory Valley Road and Bonny Oaks Drive.

Potential for signalized entrance to Hwy 58 at the intersection with Hickory Valley Road.

Access to N Hickory Valley Road via a 50 foot Right of Way.

Adjacent 3.45 Acres is also available for sale from separate seller. See listing #29568668.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga, Hamilton County
Tax ID/APN: 120E B 002.06; 120E B 002.07
Zoning: C-2
Market Type: Medium
Property Located Between: North of Intersection of Hwy 58 and Hickory Valley Road
Side of Street: North
Road Type: Highway
Property Visibility: Excellent
Feet of Frontage: 1,500
Traffic/Vehicle Count: 30,250
Transportation: Highway
Highway Access: 3 miles northeast of intersection with Hwy 153. 4.4 miles to I-75 via Hickory Valley Road and Bonny Oaks Drive.
Airports: Chattanooga Metropolitan Airport

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,783 23,787 80,401
Median Age: 41.01 40.74 40.96
Households: 789 9,752 32,616

Contact

Photograph of Listing Agent

Jason A Lehn

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Benjamin Pitts

Herman Walldorf Commercial Greater Chattanooga REALTORS® Member
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