706 Ashland Terrace, Chattanooga, TN 37415 (MLS# 1307058)

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

Overview

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.

Listing Details MLS# 1307058

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

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

Contract Information

Listing Contract Date
2019-09-23
Auction YN
No
Property Sub Type
Unimproved Land
Office Exclusive
No

Location Tax and Legal

Street Number
706
Street Name
Ashland Terrace
County
Hamilton
State
TN
Postal Code
37415
Subdivision Name
Vandergriff

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

Major Change Timestamp
2022-02-18T18:42:58Z
Major Change Type
Status Change
Price Change Timestamp
2019-12-06T18:10:49Z
Status Change Timestamp
2022-02-18
Under Contract Date
2021-06-30
Close Date
2022-02-17
Close Price
1425000

More Information

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

Historical Information

Public Historical Remarks 1
Owner Pays: Will Not Divide.

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

Listing Terms

Conventional
Yes
Owner May Carry
Yes

Lot Features

Cleared
Yes
Irregular Lot
Yes
Level
Yes
Partially Cleared
Yes
Will Not Divide
Yes

Other Structures

Storage
Yes

Possession

Negotiable
Yes

Possible Use

Commercial
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Utilities

Electricity Available
Yes

Lock Box Type

None
Yes

Documents

Legal Description
Yes
Disclaimer Notice
Yes
Listing Office: Berkshire Hathaway HomeServices Realty Center
Last Updated: September - 14 - 2024
Information deemed reliable but not guaranteed.