Commercial Corner Lot on Middle Valley Road

Vacant Land for Sale
Catylist Listing ID: 30766912
Property Subtypes: Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 1.58 Acres
Sale Price: $750,000
Unit Price: $474,683 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

This is a corner lot at the intersection of Middle Valley Road and Gann Road. Middle Valley Road is a well traveled thoroughfare linking Hixson to Soddy Daisy. The land is a total of 1.58 acres. Directly across the street is a Citgo Convenience and Gas Station. The property has a 1,584 Sf house that the owner will move from the property or the owner is willing to sale it in addition to the property. This property is ideal for office, retail center or apartments.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033083 04103P000
Zoning: C-2
Property Located Between: Hixson and Middle Valley
Property Visibility: Excellent
Largest Nearby Street: Middle Valley Road
Feet of Frontage: 576
Traffic/Vehicle Count: 11,000
Highway Access: Highway 153 is about 6 miles away via Middle Valley Road and Hixson Pike. Thrasher Pike gives access to I-27.
Airports: Chattanooga Airport
Site Description: This is a corner lot at Middle Valley Road and Gann Road. The property is part cleared and part wooded.
Area Description: The property is located in the Middle Valley area and is 2 miles from Hixson Pike by way of Thrasher Pike and 2.5 miles by way of Middle Valley Road. Across the street from the property is a gas station. The surrounding area has established single family homes, garden apartments and new construction.
Lot Frontage: 576
Lot Depth: 271
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,177 28,265 70,991
Median Age: 42.33 40.64 41.81
Households: 1,991 10,914 28,920


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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