Catylist ID: #30271575
Commercial Land on North Lee Hwy - Cleveland
Vacant Land for Sale
|Catylist Listing ID:||30271575|
|Property Subtypes:||Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort|
|Gross Land Area:||7.17 Acres|
|Unit Price:||$270,000 Per Acre|
|Land Splits Available:||Yes|
|Sale Terms:||Cash to Seller|
Overview / Comments
(see drone video link within listing)
This area of North Lee Hwy is experiencing a lot of growth residentially, commercially and otherwise due to the employment and investment in the nearby area. Whirlpool, Wacker, Amazon, Jackson Furniture and Georgia Pacific employ about 4,240 in the nearby area and there has been $2.5 billion spent just with the Wacker facility.
This retail/commercial site has 7.17 acre with 555 feet of frontage along North Lee Hwy and 479 feet of depth. The property is "L" shaped and also has access to Tasso Lane NE. See the attached survey. The property is level with a tree line in the rear otherwise just has low growing bushes on it. The site would make an excellent site for a retail strip center, large gas/c-store or large self-storage development to name a few uses.
Directly behind the site Pratt Development has begun a residential development. Just south of the subject site are two townhome developments underway. Also, just south is the 80-unit apartment development, The Preserve.
The site was recently annexed into the city of Cleveland.The front portion is CH-Commercial Highway and the rear portion is R2. Across the street/highway are currently five highway curb cuts and one street so there should be many opportunities for curb cuts along the subject property.
Seller will consider splitting the property under the right conditions.
Top 20 Manufacturing Companies in Bradley County
Attachments & Media
|Taxing Authority:||Cleveland, Bradley County|
|Tax ID/APN:||034 025.00|
|Zoning:||COMMERCIAL & R2|
|Property Located Between:||North Lee Hwy and Tasso Ln|
|Legal Description:||See survey|
|Largest Nearby Street:||N Lee Hwy|
|Feet of Frontage:||555|
|Highway Access:||Has 555 feet of frontage on North Lee Hwy just north of Tasso Lane NE. Has 205 feet of frontage on Tasso Lane NE.|
|Site Description:||The site is level with no trees. It has 555 feet of frontage on N. Lee Hwy and 205 feet on Tasso Lane NE.|
|Area Description:||The north end of Lee Hwy is growing dramatically. The Wacker and Amazon plant facilities are part of what is driving this growth. Behind the the subject James Pratt is developing a subdivision and just south are two townhome developments and across the street is a new self-storage facility.|
|Zoning Description:||The front front four acres is zoned CH-Commercial Highway. The rear portion is zoned R2.|
|Development Name:||Vacant Land|
|Available Utilities:||Electric, Water, Gas, Sewer, Storm Drain|
|Proximity:||3 miles||5 miles|
Robert FisherKW Commercial Greater Chattanooga REALTORS® Member
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