I-75 Frontage @ the East Ridge Exit - IN BORDER REGION

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 1625275
Property Subtypes: Hospitality, Office, Retail, Retail-Pad
Status: Pending
Gross Land Area: 61 Acres
Sale Price: $150,000 - 500,000 Per Acre
Total Price: $9,150,000 - 30,500,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2018

Overview / Comments

Within "Border Region" with potential development incentives from the City of East Ridge. Approx. 61 acres with approx. 2,600 ft. fronting I-75. Land has 2 possible Commercial access points, one off Mack Smith Rd. and the other is off Spring Creek Road at N. Mack Smith across from Parkridge East Hospital. Currently zoned mostly Residential but has good potential to be rezoned Commercial. Approx. 13 acres is in the Floodway Zone, the remaining approx. 48 acres is within the 100 yr. flood plain and would require fill to be developed. This is one of the last large tracts of Land with Commercial Potential in Chattanooga that has Interstate Visibility. This tract is located in the City of East Ridge near the Tennessee / Georgia Stateline.

Site has exposure to over 100,000 cars per day on I-75.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 169E-D-008
Zoning: RESIDENTIAL & COMMERCIAL
Development Name: I-75 Frontage @ the East Ridge Exit

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,083 64,361 143,573
Median Age: 39.7 38.85 38.5
Households: 3,974 28,200 59,634

Contact

The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga Association of REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.