Development Land Adjacent to Hwy 58 Walmart Supercenter

Vacant Land for Sale
Catylist Listing ID: 28655442
Property Subtypes: Multi-Family, Retail
Gross Land Area: 14.90 Acres
Sale Price: $2,011,500
Unit Price: $135,000 Per Acre
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

15 Acres available for retail development on Hwy 58 at intersection with Hickory Valley Road, adjacent to the site of a proposed Walmart Supercenter. Zoned C-2 in Chattanooga City limits. 1500 Feet frontage on Hwy 58. 31,769 Vehicles per Day (TDOT 2014).

Easy access and great visibility. 3 miles northeast of intersection with Hwy 153. 4.4 miles to I-75 via Hickory Valley Road and Bonny Oaks Drive.

Potential for signalized entrance to Hwy 58 at the intersection with Hickory Valley Road.

Access to N Hickory Valley Road via a 50 foot Right of Way.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 120E B 002.06; 120E B 002.07
Zoning: C-2
Market Type: Medium
Property Located Between: North of Intersection of Hwy 58 and Hickory Valley Road
Side of Street: North
Road Type: Highway
Property Visibility: Excellent
Feet of Frontage: 1,500
Traffic/Vehicle Count: 27,846
Transportation: Highway
Highway Access: 3 miles northeast of intersection with Hwy 153. 4.4 miles to I-75 via Hickory Valley Road and Bonny Oaks Drive.
Airports: Chattanooga Metropolitan Airport

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,783 21,868 81,503
Median Age: 41.01 41.04 41
Households: 789 9,015 33,055
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