E Brainerd Development Acreage

Vacant Land for Sale
Catylist Listing ID: 30210533
Property Subtypes: Hospitality, Multi-Family, Office, Retail, Self Storage
Gross Land Area: 2.50 Acres
Sale Price: $325,000 Per Acre
Total Price: $812,500
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

Excellent Development Potential: 2.5 +/- acre site with 350' frontage on Jenkins Road. C-2 Zoning recently obtained. Close Proximity to Major Retail (Hamilton Place Mall), Employment (VW, Amazon), I-75 Interchange (Exit 7 - Collegedale / Bonny Oaks), Corporate Centers (US Express, Covenant), Residential Growth, Professional Complex (across Jenkins Rd), Schools. Site is cleared and mostly level with some gradient change along road frontage. Water Main extension in process to north east boundary (on Jenkins Rd frontage). Sewer installation in process with connections installed. Power Easement at North west corner. Ingress / Egress at South East Corner with driveway cut / entry installation in process. An additional driveway cut is eligible for direct entry to the lot. See attachments and photos. Street Address is associated with the residential portion of the parcel, which will be subdivided prior to closing.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chatt, Hamilton Co
Tax ID/APN: Part of 149C B 010
Zoning: C2
Property Visibility: Excellent
Legal Description: part of Lot 1A Spring Meadows S/D PB 49 PG 340; DB 10762 PG 582
Largest Nearby Street: Jenkins Rd and I-75
Feet of Frontage: 350
Traffic/Vehicle Count: 15,840
Highway Access: Jenkins Rd to I-75 at Exit 7 (Collegedale / Bonny Oaks)
Airports: Chattanooga Municipal
Site Description: With Easements benefitting the Property : Private Shared Ingress/Egress Easement. 20 ft Sewer Easement. 20 ft Power and Communication Easement. Water Line Main to extend to Property Boundary.
Lot Frontage: 350
Lot Depth: 370 IRR
Zoning Description: C2 Commercial
Topography: Gently Sloping
Easements: Ingress/Egress, Utilities
Easements Description: TDOT Drainage Easement for water conveyance; TDOT Temporary Slope Easement; Private Shared Ingress/Egress Easement. 20 ft Sewer Easement. 20 ft Power and Communication Easement. Water Line Main to extend to Property Boundary.
Available Utilities: Electric, Water, Sewer, Storm Drain, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,841 45,075 97,892
Median Age: 43.31 41.11 39.52
Households: 2,539 18,359 39,537

Contact

Photograph of Listing Agent

John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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