Commercial Land w/ Interstate Visibility (Adjacent Acreage Available)

Vacant Land for Sale
Catylist Listing ID: 30384668
Property Subtypes: Hospitality, Retail, Retail-Pad, Other
Gross Land Area: 0.51 Acres
Sale Price: $350,000
Unit Price: $686,274 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/23/2019

Overview / Comments

LOCATION! LOCATION! LOCATION! Value is in the land as this is a prime location zoned C2 at Exit 11 I-75. There is income possibilities with this property as there is a single family home on site as well as a local business is leasing land off Hunter Rd. The business is not for sale and building belongs to tenant. There is also a billboard on the property which should be able to provide the new owner with income after 12/01/20. This lot has frontage on Hilltop (interstate visibility) and Hunter Rd (drive by traffic). Live in the home, lease it, or develop. Many possibilities. Seller prefers to sell with adjacent property located at 5213 Hunter Rd. Property will be shown after an acceptable written offer has been received. Do not disturb tenants.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033131 03400
Zoning: C2- COMMERCIAL
Property Located Between: Hunter Rd and Lee Hwy
Property Visibility: Excellent
Legal Description: PT SW 1/4 NW 1/4 SEC 17 TWP 4 R 2
Largest Nearby Street: Hunter Rd
Feet of Frontage: 230
Highway Access: I-75 Exit 11
Airports: Atlanta, Chattanooga, Knoxville, Nashville
Site Description: Interstate visibility. Excellent location.
Area Description: Exploding area of growth! Ideal location for retail or hotel!
Zoning Description: C2
Topography: Gently Sloping
Easements: Utilities
Easements Description: Adjacent lot (also for sale) shares driveway.
Available Utilities: Electric, Water, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,643 25,020 59,931
Median Age: 38.33 39.88 39.57
Households: 1,319 8,948 22,340

Contact

Photograph of Listing Agent

Teresa Scheiwe

Keller Williams Realty Greater Chattanooga REALTORS® Member
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