7504 Old Lee Hwy, Chattanooga, TN 37421
7.41 Acres of Commercial Land Offered at $1,050,000 USD in Chattanooga, TN 37421
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,050,000
- Property Type
-
Land
Listing Contacts
John Mitchum
Verified Profile
Tim Coleman
Verified Profile
- Property Info
Property Overview
**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 Details
- Property Subtype
- Commercial
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