7504 Old Lee Hwy
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7504 Old Lee Hwy
7.41 Acres of Commercial Land Offered at $1,050,000 in Chattanooga, TN 37421
Executive Summary
**PRICE REDUCED** Interchange Development Property. This 7.4 acre site is well positioned for visibility and convenience. The R4 zone provides for a wide range of uses including Multi-Family, Lodging, Hospitals, Churches, Schools, Offices, Assisted Living and even Museums. The site provides good visibility from I-75 traffic especially if existing topography is incorporated into the site plan to provide prominence to the build site. Frontage on Old Lee Hwy (State Route 317) is approx. 650 ft and depth is approx. 500. The parcel is rectangularly shaped (with slight irregularity) and a power line easement crosses one corner, but would not be anticipated to prohibit site uses such as parking or storm water retention. Access to the site from Old Lee Hwy is good. Area uses include Corporate Campus / Head Quarters (US Express two locations, Church of God), Multifamily Complex, hotels, high end Automotive Sales (Porsche, Jaguar, Range Rover). City of Chattanooga Sewer is located approx. 750 ft to the south.
Property Facts Under Contract
1 Lot Available
Lot
Price | $1,050,000 | Lot Size | 7.41 AC |
Price Per AC | $141,700 |
Price | $1,050,000 |
Price Per AC | $141,700 |
Lot Size | 7.41 AC |
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PROPERTY TAXES
Parcel Number | 139F-E-002 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $213,200 |
PROPERTY TAXES
Parcel Number
139F-E-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$213,200
zoning
Zoning Code | R-4 |
R-4 |
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7504 Old Lee Hwy
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