Ellis Circle Property

Retail-Commercial for Sale
Catylist Listing ID: 30360786
Property Subtypes: Mixed Use
Building Size (RSF): 3,616 SF
Gross Building Area: See Agent
Gross Land Area: 1.81 Acres
Sale Price: $625,000
Unit Price: $172.84 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Sale/Leaseback, Other
Cap Rate: 6.0%
Average Occupancy Rate: 95
Last Updated: 1/24/2019

Overview / Comments

Commercial Potential Now Available... 1.81 Acres Available. Two homes with rental potential of $3,050.00 per month. Get income and wait for area to develop. Commercial opportunities are on the map. Come see the potential of these properties today. Call Today for further Details.

Attachments & Media

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $2,541 (Annual)
Potential Rental Income $36,600 (Annual)
Gross Operating Income $36,600 (Annual)
Net Operating Income $27,450 (Annual)
Actual or Proforma Year Proforma

Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: 2374
Tax ID/APN: 034I-B-013.00&013.01
Zoning: PUD
Retail Clientele: Other
Property Located Between: Paul Huff Parkway
Property Visibility: Excellent
Largest Nearby Street: Paul Huff Parkway
Feet of Frontage: 246
Highway Access: I-75
Airports: Cleveland Jet Port
Site Description: Prime Commercial Potential
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1974
Roof Type: Other
Construction/Siding: Brick, Wood Siding
Total Parking Spaces: 15
Parking Type: Surface
Parking Description: Asphalt/Blacktop, Concrete, Street, 0-15 spaces
Sprinklers: Other
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Part of Planned Development?: Yes
Lot Frontage: 246
Lot Depth: 320
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Fee Simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,257 28,505 54,802
Median Age: 40.18 40.47 37.2
Households: 2,090 11,449 21,209

Contact

Photograph of Listing Agent

Max Phillips

Crye-Leike, REALTORS Greater Chattanooga REALTORS® Member
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