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844 Chasey Simpson

523 Acres of Commercial Land Offered at $9,900,000 in Jasper, TN 37347

Investment Highlights

  • 1.5 miles high-bank RIVERFRONT
  • Convient to Chattanooga 25 miles, Huntsville AL 75 Miles and Nashville 100 miles.

Executive Summary

Unusual property, presently farmed but zoned commercial. Located for multi-purpose use. Positioned adjacent on one side to Jasper Industrial Park with Rail, Waterway and Interstate. The side adjacent to the TENNESSEE RIVER and SEQUATCHIE RIVER possible development for multifamily recreational area. 40 Acres of wetland with duck hunting. 180 acres in flood zone with drainage. Property not subject to Clean Water Act. All zoning 30+ years ago with all Federal & State of Tennessee regulations met.
SOME FLOOD ZONE AREA COULD BE FILLED BY SELLER.
Some of the flood zone area is located on the high-bank riverfront.

Property Facts

Price $9,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Multifamily
  • Distribution
  • Industrial Park
  • Single Family Development
Total Lot Size 523.00 AC

1 Lot Available

Lot

Price $9,900,000
Price Per AC $18,929
Lot Size 523.00 AC

100. to 523 ACRES are Available ZONED COMMERCIAL. Confluence of Tennessee River / Sequatchie River. 1.5 miles of high Riverbank Easy Access Exit 155 I-24 25 miles from Chattanooga-beside Jasper Industrial Park. LEVEL LOT - POTENTIAL SOLAR FARM

Description

This property is located beside the Jasper Industrial Park It is bound on 2 sides by the Sequatchie River and the Tennessee River

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
132-064.03
Land Assessment
$253,525
Improvements Assessment
$2,325
Total Assessment
$255,850

zoning

Zoning Code C (Commercial Services Zoning)
C (Commercial Services Zoning)
  • Listing ID: 11072550

  • Date on Market: 12/26/2017

  • Last Updated:

  • Address: 844 Chasey Simpson, Jasper, TN 37347

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