2.13 Acres Southside/Opportunity Zone Land for Sale

Vacant Land for Sale
Catylist Listing ID: 30362817
Property Subtypes: Industrial, Office, Self Storage
Gross Land Area: 2.13 Acres
Sale Price: $350,000
Unit Price: $164,319 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/23/2019

Overview / Comments

Rare investment opportunity in prime development location off Broad Street!

Located in Tract 19 of the Opportunity Zone!

Possible development uses include Self Storage

Parcel is accessible from Market Street. City has approved buyer can connect Long Street and Williams Street to allow for accessibility to Broad Street.

Near Stratton Hall and Huck and Peck.

Property consists of an estimated 1.44 acres of usable land out of the 2.13 total acres. A small portion is in a flood plain.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033155F C 00109
Zoning: M-1
Property Located Between: Broad & Market
Property Visibility: Good
Legal Description: IN THE CITY OF CHATTANOOGA, HAMILTON COUNTY, TENNESSEE: BEGINNING AT THE INTERSECTION OF THE CENTER LINES OF WHITE STREET, NOW WHITE HALL, AND LONG STREET (IF EXTENDED); THENCE SOUTHWARDLY ALONG THE CENTER LINE OF LONG STREET, IF EXTENDED 373 FEET, MORE OR LESS, TO A STAKE IN THE NORTH LINE OF THE ORIGINAL CALDWELL TRACT; THENCE WESTWARDLY ALONG THE CALDWELL NORTHERN LINE 510 FEET, MORE OR LESS, TO THE EAST LINE OF WILLIAMS STREET; THENCE NORTHWARDLY ALONG THE EAST LINE OF WILLIAMS STREET 573 FEET, MORE OR LESS, TO THE CENTER LINE OF WHITE STREET; THENCE EASTWARDLY ALONG THE CENTER LINE OF WHITE STREET 510 FEET, MORE OR LESS, TO THE POINT OF BEGINNING. EXCLUDING THEREFROM THAT PORTION THEREOF INCLUDED IN THE SOUTH ONE-HALF OF WHITE STREET, NOW WHITE HALL, AND IN THE WEST ONE-HALF OF LONG STREET. REFERENCE IS MADE FOR PRIOR TITLE TO DEED OF RECORD IN BOOK 2203, PAGE 409, IN THE REGISTER’S OFFICE OF HAMILTON COUNTY, TENNESSEE.
Largest Nearby Street: Broad Street / Market Street
Rail Access: Yes
Site Description: 2.13 acres of undeveloped land between Broad Street and Market Street
In Flood Plain?: Yes

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,970 47,851 122,892
Median Age: 36.21 34.09 36.39
Households: 896 18,350 50,298

Contact

Photograph of Listing Agent

Kelly Fitzgerald

Second Story Real Estate Manag Greater Chattanooga REALTORS® Member
© Copyright 2001-2019 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.