Large Lot Fronting Cambridge Square
Retail-Commercial
for Sale
| Catylist Listing ID: |
30643992 |
| Building Size (RSF): |
1,288 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
0.58 Acres
|
| Sale Price: |
$380,000 |
| Unit Price: |
$295.03 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/19/2021 |
Overview / Comments
|
This is an excellent opportunity to own property on the Georgetown Ooltewah Road next door to Cambridge Square. This area is exploding with new construction homes, new businesses and apartments. This property would work for a professional office such as a dentist, insurance, medical or lawyer. The property could also be assembled to include 4 additional lots which could be developed into a bigger project such as a strip center. The property would need to be re-zone to commercial.
|
Additional Details
| Nearest MSA: |
Chattanooga |
| County: |
Hamilton |
| Tax ID/APN: |
033132A A 00400 |
| Zoning: |
RESIDENTIAL |
| Retail Clientele: |
General, Family, Traveler, Other |
| Property Located Between: |
Bradmore Lane and Scoggins Circle |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Ooltewah Georgetown Road |
| Feet of Frontage: |
100 |
| Traffic/Vehicle Count: |
10,000 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Fair |
| Year Built: |
1957 |
| Lot Frontage: |
100 |
| Lot Depth: |
253 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
19,562 |
55,357 |
| Median Age: |
39.71 |
39.71 |
| Households: |
7,279 |
19,941 |
|
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