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5231 TN-58 Hwy - Development Land 14.96 Acres of Commercial Land Offered at $2,551,020 CAD in Chattanooga, TN 37416



PROPERTY FACTS Under Contract
| Price | $2,551,020 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 14.96 AC |
| Zoning | C-C - C-C "Commercial Corridor" and RN-2 "residential duplex" (includes Townhome product). | ||
| Price | $2,551,020 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 14.96 AC |
| Zoning | C-C - C-C "Commercial Corridor" and RN-2 "residential duplex" (includes Townhome product). |
1 LOT AVAILABLE
Lot
| Price | $2,551,020 CAD | Lot Size | 14.96 AC |
| Price Per AC | $170,522.76 CAD |
| Price | $2,551,020 CAD |
| Price Per AC | $170,522.76 CAD |
| Lot Size | 14.96 AC |
three lots assembled for 14.96+/- acres, to be sold as a whole; Seller will not divide.
DESCRIPTION
Three parcels assembled together for a total of 14.96 acres located on TN Hwy 58 in the City of Chattanooga, Hamilton County TN. 750 ft frontage on Hwy 58 (a 4-lane divided highway) for good exposure to 31,000+/- vehicles per day. The separate parcels have a mix of zones, C-C "Commercial Corridor" and RN-2 "Residential 2-Unit" which entitles uses including Townhouse, Restaurant, Office (governmental, medical, etc), Retail, Liquor Sales, Vehicle Repair, Outdoor Sales. Uses under Special Exception include Drive Thru and Residential Care Facility. The property is currently under an active "Borrow Pit" permit which is transferrable. Easements on the property include TVA, Gas Pipeline and Access (old roadway).
PROPERTY TAXES
| Parcel Number | 120E-A-012.01 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $72,834 CAD |
PROPERTY TAXES
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5231 TN-58 Hwy - Development Land
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