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

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 will be sold in AS IS condition. The Parcels in Brainerd Acres Subdivision are commonly known as 8147 E Brainerd Rd (deed 4952/411); 8149 E Brainerd Rd (deed 4952/411); 8153 E Brainerd Rd (deed 10016/16). Parcels in Don Howard Subdivision are 1101 Kinsey Rd (deed 1791/110) and 1113 Kinsey Road (11168/415). Review the attached depictions for more detail. Taxes (in respective order to the foregoing): $2301.76 ; $1271.89 ; $3384.58 ; $6636.80 ; $2359.75...total $15,954.78

More Information MLS# 1308390

Contract Information

Auction YN: No Office Exclusive: No Current Price: $2,700,000 Status: Closed Listing Contract Date: 2019-10-18 Sold Price: $2,700,000 Property Sub Type: Unimproved Land

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

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

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

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

Community Features

Curbs: 1 Sidewalks: 1

Current Use

Residential: 1

Exterior Features

Driveway: 1 Rain Gutters: 1

Listing Terms

Cash: 1 Conventional: 1 Owner May Carry: 1

Lot Features

Level: 1 Partially Cleared: 1 Pie Shaped Lot: 1 Will Not Divide: 1

Other Structures

None: 1

Possession

Close Of Escrow: 1

Possible Use

Commercial: 1 Single Family: 1

Road Frontage Type

State Road: 1

Road Surface Type

Paved: 1

Utilities

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Sewer Available: 1 Water Available: 1

View

Creek/Stream: 1

Water Source

Public: 1

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

Lock Box Type

None: 1

Historical Information

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

Documents

Topographic Map: 1

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

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