Large Lot Near Food City

Vacant Land for Sale
Catylist Listing ID: 30632673
Property Subtypes: Office, Retail
Gross Land Area: 0.45 Acres
Sale Price: $125,000
Unit Price: $277,777 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/25/2020

Overview / Comments

Great location on the highly traveled (over 21,000 cars daily) Morrison Springs Road directly behind the Food City Plaza. This is a level/gently sloping lot with mostly single family homes directly behind the property and businesses to the right and left on Morrison Springs Road. The C-2 zoned lot would make an excellent location for business or retail.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 033109P B 02500
Zoning: C-2
Property Located Between: Oweda Terrace and Oakland Terrace
Property Visibility: Excellent
Largest Nearby Street: Morrison Spring Road
Feet of Frontage: 101
Traffic/Vehicle Count: 23,000
Highway Access: The property is less than a quarter of a mile from Hwy 27 and two blocks from Dayton Blvd.
Airports: Chattanooga Airport
Site Description: This is a large lot on Morrison Springs Road, a major corridor linking Hwy 27 and Dayton Blvd.
Area Description: The property is located just one block away from Food City Plaza. Surrounding the area are businesses and single family homes.
Lot Frontage: 101
Lot Depth: 197
Topography: Gently Sloping
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,280 43,368 92,756
Median Age: 41.38 38.99 39.73
Households: 2,902 19,275 39,850

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial Greater Chattanooga REALTORS® Member
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