Waterside Land Development Portfolio

Vacant Land for Sale
Catylist Listing ID: 30638438
Property Subtypes: Retail, Retail-Pad
Gross Land Area: 1 - 13.70 Acres
Sale Price: $950,000 Per Acre
Sale Terms: Cash to Seller, Build-to-Suit, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 10/21/2020

Overview / Comments

Prime development parcels located in the center of Chattanooga's main retail corridor with visibility off highway I-75.​​​​​​​​ These parcels, nine acres which are graded, sit adjacent to The Village at Waterside, a 162,000 sf.​​​​​​​​ mixed use development headlined by Publix and Embassy Suites.​​​​​​​​

The parcel in front of Havertys on the corner of Elam Ln and Lifestyle Way (2.7 acres) is available, along with everything to the right of Havertys.​​​​​​ Parcels range from +/- 1 acre to +/- 4.9 acres.​ Ownership would sell individual parcels.​

Pricing Guidance is $950,000/acre.​​

This land is a great use for big box retail or office.​​​​​​​​ Upwards of 250 apartments in the works to be built by these 13.7 acres as well.​​​​​​​​

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033149H A 01904
Property Visibility: Excellent
Site Description: Graded land

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,751 44,979 114,114
Median Age: 39.95 40.43 39.56
Households: 2,847 19,049 46,500


Photograph of Listing Agent

Hunter Myers

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
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