1558 Vance Rd, Chattanooga, TN 37421

Transcription

1 Prepared by Robert Fisher, KW Commercial Dec 11, 2017 on GCAR CMLS [M] [O] Tennessee Real Estate License: Acres of Land -Hamilton Place Submarket - $55,294/Ac 1558 Vance Rd, Chattanooga, TN Listing ID: Status: Active Property Type: Vacant Land For Sale Possible Uses: Industrial, Multi-Family Gross Land Area: Acres Sale Price: $2,350,000 Unit Price: $55,294 Per Acre Sale Terms: Cash to Seller Overview/Comments With 42.5 acres this parcel could have a mixed use development plan, be a very expansive multifamily site or a residential development. This site is fully wooded with about 970 feet of frontage on Vance Road and has a depth of about 1900 feet. Along Vance Road there are 3-5 acres of fairly flat land that could be offices, self storage or retail use. Behind this acreage the property has a hill that rises about 100 feet with views of Lookout and SIgnal Mountains. At the top of the hill there is more flat land. The best use for the property may be for a Class A multifamily development that would use the view, hillsides and Vance Road visibility as assets. Great views of Lookout and SIgnal Mountains can be had from the top. Being in the Hamilton Place submarket would almost guarantee success for the apartment developer. At about $55,294 per acre a single family master plan development would also be a possibility. This easiest way to access the property is from Franklin Road where you can walk down the access road to the water tower. Available Reports: Demographics, 2-Foot contour map, Chattanooga apartment report, More Information Online QR Code Scan this image with your mobile device: General Information Taxing Authority: Hamilton County, Chattanooga Tax ID/APN: 1480 C 002 Possible Uses: Industrial, Multi-Family, Office, Residential (Single Family), Retail, Self Storage Area & Location Property Located Between: Vance Rd and Lee Hwy Property Visibility: Excellent Largest Nearby Street: Lee Hwy Feet of Frontage: 970 Traffic/Vehicle Count: 26,430 Zoning: Sale Terms: Airports: Site Description: R-2 AND C2 Cash to Seller Chattanooga Metropolitan Airport The parcel is fully wooded and has a water tower and access road to the water tower. Access is best gained off Vance Road. Highway Access The property is located near the intersection of Lee Hwy and Vance Rd. The property is about 1/2 mile from interchange of Lee Hwy and Hwy 153. The property is about 1 mile from Interstate I-75. See vicinity and traffic maps. Area Description The site is located very close to the I-75 and Hwy 153 interchange in the Hamilton Place submarket area of Chattanooga. Access to Hixson, Cleveland, Dalton, and downtown Chattanooga is quick and easy with Hwy 153 and I-75. Page 1

2 Prepared by Robert Fisher, KW Commercial Dec 11, 2017 on GCAR CMLS [M] [O] Tennessee Real Estate License: Land Related Lot Frontage: 970 Lot Depth: 1900 Zoning Description: Current zoning is R2. Development Name: None Topography: Gently Sloping Easements: Pipelines, Ingress/Egress, Utilities Location Address: 1558 Vance Rd, Chattanooga, TN County: Hamilton MSA: Chattanooga Easements Description: Available Utilities: Water Service: Sewer Type: There is an easement and access road to the water tower. The access road can be moved or relocated but must remain. Electric, Water, Gas, Sewer Municipal Municipal Property Images View of Mapco Store at North End of Subject View Along Vance Looking South. Subject on left Page 2

3 Prepared by Robert Fisher, KW Commercial Dec 11, 2017 on GCAR CMLS [M] [O] Tennessee Real Estate License: View Along Vance Rd Looking North Typical View Within Property Access Rd at end of Franklin St View Within, Water Tank in View Property Contacts Robert Fisher KW Commercial [M] [O] Page 3 Copyright GCAR Commercial MLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither GCAR Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.

4 1558 Vance Rd Vicinity Map Map data 2017 Google 1000 ft

5 GISMO 5 Legend Parcels ,200.0Feet NAD_1983_StatePlane_Tennessee_FIPS_4100_Feet Latitude Geographics Group Ltd. Disclaimer: This map is to be used for reference only, and no other use or reliance on the same is authorized. This map was automatically generated using HCGIS Mapping System. Parcel lines are shown for reference only and are not intended for conveyances, nor is it intended to substitute for a legal survey or property abstract.

6 GISMO 5 Legend Parcels County Boundary Recycling Centers Healthcare Facilities Emergency Services Locations FIRE MEDIC POLICE Cemeteries Religious Facilities Schools Building Footprints Miscellaneous Structures Driveways Parking Water Bodies Other Water Bodies Recreational Areas Surrounding Hamilton ,200.0Feet NAD_1983_StatePlane_Tennessee_FIPS_4100_Feet Latitude Geographics Group Ltd. Disclaimer: This map is to be used for reference only, and no other use or reliance on the same is authorized. This map was automatically generated using HCGIS Mapping System. Parcel lines are shown for reference only and are not intended for conveyances, nor is it intended to substitute for a legal survey or property abstract.

7 GISMO ,200.0Feet NAD_1983_StatePlane_Tennessee_FIPS_4100_Feet Latitude Geographics Group Ltd. Disclaimer: This map is to be used for reference only, and no other use or reliance on the same is authorized. This map was automatically generated using HCGIS Mapping System. Parcel lines are shown for reference only and are not intended for conveyances, nor is it intended to substitute for a legal survey or property abstract. Legend Zoning_RevCond_RedBank Zoning_RedBank C-1 C-2 L-1 M-1 R-1 R-2 R-3 R-4 R-TZ R1-A RT-1 RZ-1 Zoning_SignalMtn CCD HCD HDR LDR MDR District OD PCCD District R-E RTD SCD WWD Community Commercial District Highway Commercial District High Density Residential District Low Density Residential District Moderate Density Residential Office District Planned Commerce Center Residential Estate District Residential Townhouse District Specialty Commercial District Warehouse and Wholesale Dist Special Permits Zoning Type Labels Zoning A-1, AG, AGR Areas not Maintained by RPA AT C-1, TC&M, TCM C-2, LB C-3, GB C-4 C-5, NC C-6 C-7 CC; CCD CIV-3 CIV-4 CIV-6 CX-12 CX-8

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