550 ft of Frontage along Highway 153 - Development Opportunity
Vacant Land
for Sale
| Catylist Listing ID: |
30478287 |
| Property Subtypes: |
Multi-Family, Office, Retail, Self Storage, Other
|
| Gross Land Area: |
2.10 Acres
|
| Sale Price: |
$390,000 |
| Unit Price: |
$185,714 Per Acre |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/25/2020 |
Overview / Comments
Great potential for a Commercial Development along Highway 153 with Multi-Family Development along Wilder Rd. Renderings and development concepts provided by ASA Engineering. Zoned C2 along Hwy 153 and R2 along Wilder Rd.
The conceptual concept includes renderings of a 4,000Sf Office space with parking along Highway 153 and four (4) 2-Plex Town Homes. This property is near many new and established commercial developments and sits at the corner of Grubb Rd, which is one of the main residential corridors of the Hixson area.
Please call agent for details, to schedule an appointment and for all other questions.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033091P B 01100 |
| Zoning: |
C-2 AND R-2 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Highway 153 |
| Feet of Frontage: |
550 |
| Traffic/Vehicle Count: |
32,142 |
| Highway Access: |
Interstate 27, Highway 153 |
| Lot Frontage: |
550ft |
| Zoning Description: |
Zoned C2 along Highway 153 and R2 along Wilder Rd. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,644 |
39,279 |
82,308 |
| Median Age: |
41.06 |
41.7 |
40.84 |
| Households: |
2,332 |
16,543 |
35,081 |
|
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