Potential Subdivision Land in Soddy Daisy TN

Vacant Land for Sale
Catylist Listing ID: 30324003
Property Subtypes: Agricultural, Residential (Single Family)
Gross Land Area: 29.60 Acres
Sale Price: $444,000
Unit Price: $15,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2018

Overview / Comments

29.6 Acres located at the Intersection of Clift Mill Road and Osage Drive in Soddy Daisy. The subject property consists of 2 tax parcels. They are vacant lots with no improvements.Their shape is rectangular with approximately 1,000 feet of frontage on Clift Mill Road and Osage Drive. Zoning: A-1 Agricultural. Greenbelt Designation – resulting in a lower assessed property value

Highest and Best use analysis identified that ideal improvement for the site (how the land could optimally be used) based on the physical limitations of the site, financial feasibility of proposed use, and what would be maximally productive – The appraisal concludes that the best use for this site would be for Detached Single Family Dwellings.

Easily accessible to the surrounding area of Soddy Daisy via Clift Mill Road/Osage Drive and ends at Dayton Pike. Connects with US Highway 27 to points north and south.

Property size is taken from the Hamilton County records. Listing Agent has not measured the property and does not guarantee the accuracy of the number of acres. Acreage need to be verified by Purchaser.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 041-112 and 041-099
Zoning: A-1
Property Visibility: Good
Legal Description: Hamilton County Tax Parcels 041-112 and 041-099.
Feet of Frontage: 1,000
Highway Access: Easily accessible to the surrounding area of Soddy Daisy via Clift Mill Road/Osage Drive and ends at Dayton Pike. Connects with US Highway 27 to points north and south.
Site Description: 29.6 Acres of Undeveloped Land easily accessible to the surrounding area of Soddy Daisy via Clift Mill Road/Osage Drive and ends at Dayton Pike. Connects with US Highway 27 to points north and south.
Area Description: Located in Soddy Daisy TN at the Intersection of Clift Mill Road and Osage Drive. Easily accessible to the surrounding area of Soddy Daisy via Clift Mill Road/Osage Drive and ends at Dayton Pike. Connects with US Highway 27 to points north and south.
Lot Frontage: 1000
Lot Depth: 1490
Zoning Description: A-1
Topography: Gently Sloping

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,366 8,909 22,599
Median Age: 48.68 41.87 42.52
Households: 544 3,378 8,890
The information presented herein is provided as is, without warranty of any kind. Neither Greater Chattanooga REALTORS® nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.