John Mitchum - Commercial Real Estate Showcase

John Mitchum Property Listings
RE/MAX Renaissance Realtors
201 Cherokee Blvd
Suite 101
Chattanooga, TN 37405-3870
(423) 756-5700
(423) 648-4598

0 Goodwin Road

Chattanooga, TN 37421 - Outlying Chattanooga Submarket

Property Type:Land Parcel Size:3.4 Acres
For Sale Price:$750,000 Price/Acre:$220,588 Price/SF:$5.06

Proposed Use:MultiFamily

On-Site Improv:-

Sale Notes:
Excellent Location for Multi-Family Development. Immediately adjacent to the new East Brainerd Elementary School. Access to Regional Shopping
District (Hamilton Place Mall), Gunbarrel Rd Commercial Area, Restaurants,Shopping, Medical, Employment, Churches, etc are 1/2 mile away. Access to I-75 at Shallowford Rd is 1.4 Miles. Access to I-75 at E Brainerd Rd is 2 miles. Current Zoning is already R4 and surrounding uses are Residential (Single Family and Multi Family), Office and School. The level site has 850+/- ft of frontage on Goodwin Rd which had been recently installed and upgraded with 'round-abouts' and multi-use pathways. Utilities and Easements are established. TVA Easement bisects property which results in approx. 1.25 acres as 'buildable'. With site constraints and R4 set-backs
approx. 76 multifamily units could be installed. Acknowledgement: Property is under trusteeship of the Eastern United States Bankruptcy Court.
Property is to be sold in "AS IS" condition. Seller, nor Broker, makes no representations or warranties as to the condition or status of the property in any respect. Buyer shall be allowed inspections to determine feasibility.

RE/MAX Renaissance Realtors
John Mitchum
(423) 756-5700

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