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: $299,000
Unit Price: $142,380 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/8/2021

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.

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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


Photograph of Listing Agent

Frazier DeVaney

NAI Charter Real Estate Corp. Greater Chattanooga REALTORS® Member
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