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: |
8/19/2019 |
Overview / Comments
|
Commercial Potential Now Available... 1.81 Acres Available. Two homes with rental potential of $3,050.00 per month. Get income and wait for area to develop. Commercial opportunities are on the map. Come see the potential of these properties today. Call Today for further Details.
|
Financials
| Finance Data Year |
2018 |
| Real Estate Taxes - Annual($) |
$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 |
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 |
|
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Neither Greater Chattanooga REALTORS® nor
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