Catylist ID: #28655442
Hwy 58 Development Land
Vacant Land for Sale
|Catylist Listing ID:||28655442|
|Property Subtypes:||Multi-Family, Office, Retail|
|Gross Land Area:||14.90 Acres|
|Unit Price:||$135,000 Per Acre|
|Land Splits Available:||Yes|
|Adjacent Parcels Available:||Yes|
|Sale Terms:||Cash to Seller|
Overview / Comments
14.9 Acres +/- available for retail, office, or multi-family development on Hwy 58 at intersection with Hickory Valley Road. Priced at $135,000 per acre. Zoned C-2 in Chattanooga City limits. The property includes 2 tax parcels, with a combined 1500 Feet frontage on Hwy 58. 30,005 Vehicles per Day (TDOT 2020).
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.
Access to N Hickory Valley Road is available via a 50 foot Right of Way.
Multifamily Conceptual Siteplan allows for development of 276 apartment units with a Clubhouse and Pool.
Retail Conceptual Siteplan allows for mix of mid-box anchor stores, small shop space, and freestanding restaurants.
|Taxing Authority:||City of Chattanooga, Hamilton County|
|Tax ID/APN:||120E B 002.06; 120E B 002.07|
|Property Located Between:||North of Intersection of Hwy 58 and Hickory Valley Road|
|Side of Street:||North|
|Feet of Frontage:||1,500|
|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|
|Proximity:||1 mile||3 miles||5 miles|
Jason A LehnHerman Walldorf Commercial Greater Chattanooga REALTORS® Member
Benjamin PittsHerman Walldorf Commercial Greater Chattanooga REALTORS® Member
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