7821 E East Brainerd Road, Chattanooga, TN 37421 (MLS# 1324384)

7821 E East Brainerd Road, Chattanooga, TN 37421

$980,000
Property Type: Land Lot Size (sq. ft.): 784,080 Status: Closed
Current Price: $980,000 List Date: 9/15/2020 Last Modified: 9/09/2024

Overview

Description

Prime 18-20 acre R-1 and R-3 tract in the heart of East Brainerd for multi-family unit housing. This is ideal for development of apartments, town homes, senior living, high density residential , duplexes, destination retail and many other types of development. This property has over 200 feet of road frontage on high traffic east brainerd rd. There are two entrances to the property off of East Brainard Road. One being beside the Walmart Nieghborhood market , the other next to the car wash. The location is prime for easy access to major factories ( Volkswagen, Amazon,and most industrial parks in the area ) so a development of high density residential could be perfect here. Great access to the airport and major highways.

Listing Details MLS# 1324384

General Property Information

Lot Size Acres
18
Lot Size Square Feet
784080
Lot Size Dimensions
18 acres
Association YN
No
Senior Community YN
No
View YN
No
Waterfront YN
No
Flood Zone YN
Partial
List Price/Acre
88833.33
Sold Price/Acre
54444.44

Property Features

Exterior Features: Driveway Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Irregular Lot; Partially Cleared; Pie Shaped Lot; Will Not Divide; Wooded Other Structures: Residence Possession: Negotiable Possible Use: Commercial; Multi-Family; Single Family Road Frontage Type: City Street Utilities: Electricity Available; Water Available Water Source: Public Lock Box Type: None

Contract Information

Listing Contract Date
2020-09-15
Auction YN
No
Property Sub Type
Unimproved Land
Office Exclusive
No

Location Tax and Legal

Street Number
7821
Street Direction Prefix
E
Street Name
East Brainerd
Street Suffix
Road
County
Hamilton
State
TN
Postal Code
37421
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Prime 18-20 acre R-1 and R-3 tract in the heart of East Brainerd for multi-family unit housing. This is ideal for development of apartments, town homes, senior living, high density residential , duplexes, destination retail and many other types of development. This property has over 200 feet of road frontage on high traffic east brainerd rd. There are two entrances to the property off of East Brainard Road. One being beside the Walmart Nieghborhood market , the other next to the car wash. The location is prime for easy access to major factories ( Volkswagen, Amazon,and most industrial parks in the area ) so a development of high density residential could be perfect here. Great access to the airport and major highways.
Directions
Down East Brainerd rd on left across from Food City grocery store.

Status Change Information

Major Change Timestamp
2021-06-30T18:57:15Z
Major Change Type
Status Change
Price Change Timestamp
2020-09-30T20:13:44Z
Status Change Timestamp
2021-06-30
Under Contract Date
2021-01-22
Close Date
2021-06-07
Close Price
980000

More Information

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
291911
Listing Office’s State of Licensure
TN
Listing Office’s License Number
259794

Historical Information

Public Historical Remarks 1
Owner Pays: Will Not Divide.

Location, Tax, and Legal

Parcel Number
159p B 012.04
Elementary School
East Hamilton
Middle Or Junior School
East Hamilton
High School
East Hamilton
Tax Annual Amount
5846.43
Tax Legal Description
Lt 2 Polestar Sub Pb59 Pg167 Rev 10 1-25
Deed Book
59
Deed Page
167

Exterior Features

Driveway
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Lot Features

Irregular Lot
Yes
Partially Cleared
Yes
Pie Shaped Lot
Yes
Will Not Divide
Yes
Wooded
Yes

Other Structures

Residence
Yes

Possession

Negotiable
Yes

Possible Use

Commercial
Yes
Multi-Family
Yes
Single Family
Yes

Road Frontage Type

City Street
Yes

Utilities

Electricity Available
Yes
Water Available
Yes

Water Source

Public
Yes

Lock Box Type

None
Yes
Listing Office: Keller Williams Realty
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.