6.33 Prime Acres E Brainerd at Jenkins Road

Vacant Land for Sale
Catylist Listing ID: 30528457
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 6.33 Acres
Sale Price: $3,500,000
Unit Price: $552,922 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2020

Overview / Comments

FIRST TIME ON THE MARKET. Property is 6.33 acres in the heart of the E Brainerd Road retail corridor. Located at the corner of E Brainerd Road and Jenkins Road a lighted intersection.

There is an existing estate home with swimming pool and tennis court. Property will need to be rezoned and structures will likely be demolished for re-development.

This is the last large site to be available on E Brainerd Road for development. Ideal for:
Retail, Apartments, Assisted Living, Office Park, Medical, Restaurants, Hotel, Special Purpose.

This property has been in the same family since 1955 and is being sold through a family estate.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $6,562 (Annual)

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County, TN
Tax ID/APN: 033159I A 00800
Zoning: R-1, WILL NEED TO BE REZONED
Property Located Between: E Brainerd Road and Jenkins Road
Property Visibility: Excellent
Largest Nearby Street: E Brainerd Road
Feet of Frontage: 278
Traffic/Vehicle Count: 36,500
Highway Access: 1.5 miles from I-75 with 100,000 cars per day.
Site Description: 6.33 acres of level land with a square configuration, ideal for major development.
Area Description: Chattanooga's highest profile retail and medical corridor. Close proximity to Hamilton Place Mall and Erlanger East and multiple medical office facilities.
Lot Frontage: 278
Lot Depth: 629
Development Name: 7777 E Brainerd Road
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,560 48,110 114,209
Median Age: 38.09 39.95 39.52
Households: 2,169 19,861 46,365

Contact

Photograph of Listing Agent

Lee T Harper

Hudson Commercial, LLC Greater Chattanooga REALTORS® Member
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