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5710 Lee Highway 5710 Lee Hwy Lot | Terrain commercial | 1,55 ha | À vendre | 2 152 650 € | Chattanooga, TN 37421
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Résumé analytique
The offering consists of two contiguous parcels totaling approximately 4.11 acres, including a ±3.83-acre tract and a ±0.28-acre tract improved with an approximately 3,600 SF commercial building. The existing building includes finished office/reception areas along with service/shop space and overhead-door access, providing potential functionality while a purchaser evaluates the property’s longer-term redevelopment strategy.
A significant portion of the site was formerly utilized as a mobile home park, and utilities are already present at the property. This existing infrastructure, combined with the size and configuration of the assemblage, creates an opportunity for a purchaser seeking a substantial commercial site along Lee Highway.
Offered at $3,904,000, the property provides an opportunity to acquire approximately 4.11 acres in an established Chattanooga commercial corridor with existing utility infrastructure and redevelopment potential.
Prospective purchasers should independently verify zoning, utility capacity and connections, development feasibility, floodplain requirements, permitting, and all other matters applicable to their intended use.
Informations sur l’immeuble
1 Lot disponible
Lot
| Prix | 2 152 650 € | Surface du lot | 1,55 ha |
| Prix par ha | 1 388 854,87 € |
| Prix | 2 152 650 € |
| Prix par ha | 1 388 854,87 € |
| Surface du lot | 1,55 ha |
±4.11-acre development opportunity along Lee Highway in Chattanooga. Two contiguous parcels with ±37,000 AADT, utilities at the site, former mobile home park infrastructure, and an existing ±3,600 SF commercial building.
Description
±4.11-Acre Commercial Development Opportunity Two-parcel assemblage totaling approximately 4.11 acres along Lee Highway in Chattanooga. Established Lee Highway Location Positioned directly along Lee Highway with approximately ±37,000 AADT in front of the property, providing substantial exposure along the commercial corridor. Former Mobile Home Park Provides Existing Site Infrastructure A significant portion of the acreage was previously operated as a mobile home park, with utilities already serving the site, providing infrastructure that may support future redevelopment. Utilities at the Property Existing utility service is present on the site. Buyers should independently verify utility locations, capacities, connection requirements, and suitability for their proposed development. Immediate Redevelopment Opportunity The property is being offered for redevelopment and provides a buyer the opportunity to begin evaluating development plans immediately, subject to zoning, permitting, engineering, floodplain requirements, and other governmental approvals. Existing Commercial Improvements The property includes an existing 3,600 SF commercial building on the ±0.28-acre parcel, in addition to smaller improvements located throughout the larger parcel. Existing Office & Service Configuration The primary commercial building currently provides finished office/reception areas together with service/shop space and overhead-door access, offering potential interim or continued use while future plans are evaluated. Two-Parcel Assemblage The offering combines a ±3.83-acre parcel and ±0.28-acre parcel, creating approximately ±4.11 contiguous acres. Asking Price: $3,904,000 Approximately $950,000 per acre, based on the ±4.11-acre combined site.
Présenté par
5710 Lee Highway | 5710 Lee Hwy
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