8149 E Brainerd Road, Chattanooga, TN 37421 (MLS# 1308390)

8149 E Brainerd Road, Chattanooga, TN 37421

$2,700,000
Property Type: Land Lot Size (sq. ft.): 522,720 Status: Closed
Current Price: $2,700,000 List Date: 10/18/2019 Last Modified: 9/09/2024

Overview

Description

This offering includes five assembled parcels (3 separate owners) for approximately 12 acres of development land in a high growth area of Chattanooga / Hamilton County. E Brainerd RD (HWY 320) is a major thoroughfare (5 lane) for commercial uses serving commuter, shopping and medical traffic (approx. 26,000 VPD). Area uses include Regional Shopping District (Hamilton Place Mall; TN's largest), Grocery (Publix, Wal Mart), Medical, Schools, Restaurants, Parks. The Property has two Frontage Options: up to 190 ft frontage on E Brainerd Rd with excellent visibility; and approx. 300 ft frontage on Kinsey Rd with good visibility. Maximum Lot depth at approx 1,600 ft, with level topography, mostly cleared and some fill installed. Some portions of the Property may be affected by flood zone(s).

Supplements: Mixed Zoning with C-2 Commercial at frontage (approx. 2.4 acres) and the balance as R-1 Residential (approx. 9.6 acres). Some homes on the Property are occupied and have tenant rights which may be terminated with notice. Homes will be sold in AS IS condition. Other improvements on the property are owner occupied, may be vacated upon closing and wil ...

Listing Details MLS# 1308390

General Property Information

Lot Size Acres
12
Lot Size Square Feet
522720
Lot Size Dimensions
190 x 1600
Association YN
No
Senior Community YN
No
View YN
Yes
Waterfront YN
No
Flood Zone YN
Partial
List Price/Acre
252500
Sold Price/Acre
225000

Property Features

Community Features: Curbs; Sidewalks Current Use: Residential Exterior Features: Driveway; Rain Gutters Listing Terms: Cash; Conventional; Owner May Carry Lot Features: Level; Partially Cleared; Pie Shaped Lot; Will Not Divide Other Structures: None Possession: Close Of Escrow Possible Use: Commercial; Single Family Road Frontage Type: State Road Road Surface Type: Paved Utilities: Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available View: Creek/Stream Water Source: Public Lock Box Type: None Documents: Topographic Map

Contract Information

Listing Contract Date
2019-10-18
Auction YN
No
Property Sub Type
Unimproved Land
Office Exclusive
No

Location Tax and Legal

Street Number
8149
Street Direction Prefix
E
Street Name
Brainerd
Street Suffix
Road
County
Hamilton
State
TN
Postal Code
37421
Subdivision Name
Brainerd Acres

Remarks and Miscellaneous

Public Remarks
This offering includes five assembled parcels (3 separate owners) for approximately 12 acres of development land in a high growth area of Chattanooga / Hamilton County. E Brainerd RD (HWY 320) is a major thoroughfare (5 lane) for commercial uses serving commuter, shopping and medical traffic (approx. 26,000 VPD). Area uses include Regional Shopping District (Hamilton Place Mall; TN's largest), Grocery (Publix, Wal Mart), Medical, Schools, Restaurants, Parks. The Property has two Frontage Options: up to 190 ft frontage on E Brainerd Rd with excellent visibility; and approx. 300 ft frontage on Kinsey Rd with good visibility. Maximum Lot depth at approx 1,600 ft, with level topography, mostly cleared and some fill installed. Some portions of the Property may be affected by flood zone(s).
Directions
I-75. Exit for Eastbound on East Brainerd Rd. Continue 2 miles. Property on left of E Brainerd Rd between intersections with Graysville Rd and Kinsey Drive.

Status Change Information

Major Change Timestamp
2022-11-02T19:36:33Z
Major Change Type
Status Change
Price Change Timestamp
2019-12-17T15:04:20Z
Status Change Timestamp
2022-11-02
Under Contract Date
2021-03-02
Close Date
2022-10-26
Close Price
2700000

More Information

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
305411
Listing Office’s State of Licensure
TN
Listing Office’s License Number
285777

Historical Information

Public Historical Remarks 1
Owner Pays: Will Not Divide. HOA Fee: NA.

Location, Tax, and Legal

Parcel Number
159o A 051.01
Elementary School
East Brainerd Elementary
Middle Or Junior School
East Hamilton
High School
East Hamilton
Tax Annual Amount
1271.89
Tax Legal Description
PT TR 5 BRAINERD ACRES PB11 PG31; PT TR 6 Brainerd Acres Pb 11 Pg 31; Lot 2&3 Don Howard Sub Pb 35 Pg 81
Deed Book
4952
Deed Page
411

Community Features

Curbs
Yes
Sidewalks
Yes

Current Use

Residential
Yes

Exterior Features

Driveway
Yes
Rain Gutters
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Owner May Carry
Yes

Lot Features

Level
Yes
Partially Cleared
Yes
Pie Shaped Lot
Yes
Will Not Divide
Yes

Other Structures

None
Yes

Possession

Close Of Escrow
Yes

Possible Use

Commercial
Yes
Single Family
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
Phone Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Creek/Stream
Yes

Water Source

Public
Yes

Lock Box Type

None
Yes

Documents

Topographic Map
Yes

Documents

Listing Office: RE/MAX Renaissance Realtors
Last Updated: September - 09 - 2024
Information deemed reliable but not guaranteed.
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