706 Ashland Terrace, Chattanooga, TN 37415
$1,425,000
Property Type:
Land
Lot Size (sq. ft.):
311,454
Status:
Closed
Current Price:
$1,425,000
List Date:
9/23/2019
Last Modified:
9/14/2024
Description
Property Zoned C-2 Commercial including Mini-Warehouse. Three mini-warehouse units are in place and rented on a month-to-month basis. This would give Buyer an opportunity to have some cash flow on the property while the back portion of the property is being constructed. Civil Engineering design for the build out of the project has been done. Some of the design includes covered RV/travel trailer/boat storage and 2-3 story climate controlled storage. Site plans (proposed) are available upon request. Incredible location with high visibility fairly close to many neighborhoods, apartment complexes, businesses, etc. Property could be offices/retail, etc. Great opportunity. High traffic count. No Real Estate Sign on Property.
More Information MLS# 1307058
Contract Information
Auction YN: No
Office Exclusive: No
Current Price: $1,425,000
Status: Closed
Listing Contract Date: 2019-09-23
Sold Price: $1,425,000
Property Sub Type: Unimproved Land
Location, Tax, and Legal
Parcel Number: 109o E 008
Elementary School: Rivermont Elementary
Middle Or Junior School: Red Bank Middle
High School: Red Bank High School
Tax Annual Amount: 12791.06
Tax Legal Description: 706 Ashland Ter, Chatta, TN 37415, Pt Lts 4&5 WF Vandergriff 53 Ac Tr Act N//R 1890A 35 006A & 710 Ashland Ter, & 716 A
Deed Book: 6083
Deed Page: 558
General Property Information
Lot Size Acres: 7.15
Lot Size Square Feet: 311454
Lot Size Dimensions: 7.15 +/- ac
Association YN: No
Senior Community YN: No
View YN: No
Waterfront YN: No
Flood Zone YN: No
List Price/Acre: 209090.91
Sold Price/Acre: 199300.7
Remarks and Miscellaneous
Public Remarks: Property Zoned C-2 Commercial including Mini-Warehouse. Three mini-warehouse units are in place and rented on a month-to-month basis. This would give Buyer an opportunity to have some cash flow on the property while the back portion of the property is being constructed. Civil Engineering design for the build out of the project has been done. Some of the design includes covered RV/travel trailer/boat storage and 2-3 story climate controlled storage. Site plans (proposed) are available upon request. Incredible location with high visibility fairly close to many neighborhoods, apartment complexes, businesses, etc. Property could be offices/retail, etc. Great opportunity. High traffic count. No Real Estate Sign on Property.
Directions: From Downtown Chattanooga, Go North on 27, Exit Right onto Morrison Springs Road, Left onto Dayton Blvd, Right onto Ashland Terrace, Property on Right OR From Highway 153, Exit to go South on Hixson Pike, then Right onto Ashland Terrace, Property on Left. No Real Estate Sign on Property
Status Change Information
Status Change Timestamp: 2022-02-18
Major Change Timestamp: 2022-02-18T18:42:58Z
Major Change Type: Status Change
Price Change Timestamp: 2019-12-06T18:10:49Z
Under Contract Date: 2021-06-30
Close Date: 2022-02-17
Close Price: 1425000
Listing Terms
Conventional: 1
Owner May Carry: 1
Lot Features
Cleared: 1
Irregular Lot: 1
Level: 1
Partially Cleared: 1
Will Not Divide: 1
Other Structures
Storage: 1
Possession
Negotiable: 1
Possible Use
Commercial: 1
Road Frontage Type
State Road: 1
Road Surface Type
Paved: 1
Utilities
Electricity Available: 1
License Number Info
Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 270768
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 216001
Lock Box Type
None: 1
Historical Information
Public Historical Remarks 1: Owner Pays: Will Not Divide.
Documents
Legal Description: 1
Disclaimer Notice: 1
Location Tax and Legal
Street Number: 706
Street Name: Ashland Terrace
County: Hamilton
State: TN
Postal Code: 37415
Subdivision Name: Vandergriff
Property Features
Listing Terms: Conventional; Owner May Carry
Lot Features: Cleared; Irregular Lot; Level; Partially Cleared; Will Not Divide
Other Structures: Storage
Possession: Negotiable
Possible Use: Commercial
Road Frontage Type: State Road
Road Surface Type: Paved
Utilities: Electricity Available
Lock Box Type: None
Documents: Legal Description; Disclaimer Notice
Listing Office:
Berkshire Hathaway HomeServices Realty Center
Last Updated: September - 14 - 2024
Information deemed reliable but not guaranteed.