12 Acres on Hwy 58

Vacant Land for Sale
Catylist Listing ID: 30795647
Property Subtypes: Multi-Family, Office, Retail, Self Storage, Other
Gross Land Area: 12.30 Acres
Sale Price: $1,400,000
Unit Price: $113,821 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/12/2022

Overview / Comments

Perfect location for an apartment application. These 12 plus acres are in the county and have sewer and water connections available. The Mahan Gap road is less than a quarter of a mile from the property and is a direct connection from Harrison to Ooltewah. A Food City, Gas N Go station and Subway are located next to the property. This is a growing area with new subdivision growth and businesses.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033094 17300P000
Zoning: R2-A AND A-1
Property Located Between: Mahan Gap Road and Hunter Road
Property Visibility: Excellent
Largest Nearby Street: Highway 58
Feet of Frontage: 1,380
Airports: Chattanooga Airport
Site Description: 600 feet of road frontage on Hwy 58 and 780 feet of road frontage on Greenwood Drive. The property is level with a gentle slope.
Area Description: The surrounding area has a Food City, Gas N Go station, Subway, professional businesses and mostly residential homes.
Lot Frontage: 1380
Lot Depth: 1207
Zoning Description: The property has an R2A and A-1 zoning. The R2A zoning will allow for multi-family.
Topography: Gently Sloping
Easements: Other
Easements Description: The property has an egress and ingress easement for a small family cemetery.
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,462 38,805
Median Age: 40.12 40.4
Households: 3,592 14,571


Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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