7 Acres on Hwy 58 next to Food City
Vacant Land
for Sale
Catylist Listing ID: |
30795629 |
Property Subtypes: |
Multi-Family, Office, Retail, Self Storage, Other
|
Gross Land Area: |
7 Acres
|
Sale Price: |
$1,400,000 |
Unit Price: |
$200,000 Per Acre |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/12/2022 |
Overview / Comments
This acreage is just shy of 1,000 feet of road frontage on the going home side of Highway 58. The land is zoned C-3 which allows for commercial, retail, office and dwelling units to include multi-family and town homes. The property has water and the sewer connection is on the southwest corner of the land. Directly behind the property is a new subdivision with homes selling over $450,000. The property has two access points from the highway; one directly from Hwy 58 and a shared easement from Hwy 58 with Food City.
|
Additional Details
Nearest MSA: |
Chattanooga |
County: |
Hamilton |
Tax ID/APN: |
033094 17304P000 |
Zoning: |
C-3 |
Property Located Between: |
Mahan Gap Road and Hunter Road |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Hwy 58 |
Feet of Frontage: |
934 |
Traffic/Vehicle Count: |
16,000 |
Airports: |
Chattanooga |
Site Description: |
Land is mostly level and partly cleared. |
Area Description: |
The property is adjacent to Food City and a Gas N Go station that sits at the corner of Hwy 58 and Greenwood Drive. The area is mostly residential with some businesses. |
Lot Frontage: |
934 |
Lot Depth: |
335 |
Topography: |
Level |
Easements: |
Ingress/Egress |
Easements Description: |
The property has an ingress and egress easement to allow access to a cell tower that sits on a half acre. |
Available Utilities: |
Water, Sewer |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
9,462 |
33,117 |
Median Age: |
40.12 |
40.55 |
Households: |
3,592 |
12,338 |
© Copyright 2001-2022 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Greater Chattanooga REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|