5307 TN-58, Chattanooga, TN

Arbor Hills Apartments
5307 TN-58, Chattanooga, TN 


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Property Subtypes: Retail, Retail-Pad, Apartments
Gross Land Area: 3.90 Acres
Sale Price: See details below for different sale offerings

This property is a beautifully landscaped property located directly on Hwy 58 and has plenty of Road frontage. Walmart is starting construction adjacent to this property with a shared driveway in March. This is a build to suit property with unlimited potential. Walmart and this property will share a driveway easement on the north side of the property that has ingress/egress in close range to a traffic light.

Here are the different ways that the Owner is willing to sell the property:
- Entire parcel which includes the Arbor Hill Apartments and over 1.5 acres of buildable land: $2,800,000
- Land only which includes the approximate 1.55 acre portion between Hwy 58 and the Arbor Hill Apartments: $400,000
- Build-To-Suit: Owner will develop and build out the vacant land portion of the Parcel. Please contact the listing broker for details of the build to suit offering.

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 120-E-A-011 (out of)
Property Visibility: Excellent
Largest Nearby Street: Highway 58
Highway Access: Close proximity to Highway 153 and Interstates 75 and 24.
Airports: Chattanooga Airport
Site Description: Slight rolling hill that overlooks Highway 58 which allows high visibility.
Area Description: LOCATION, LOCATION, LOCATION!!! Walmart has been approved and should be breaking ground in March 2016.
Topography: Gently Sloping
Easements: Ingress/Egress, Utilities
Easements Description: Typical power easement on the front of the property that would not effect building and a driveway easement that will be shared with the new and upcoming Super Walmart.
Available Utilities: Electric, Water, Sewer
Water Service: Municipal
Sewer Type: Municipal

For more information about this listing please contact:
Listing Agent - Wendy Elliott
Cell 386-481-8439
Office 423-825-0049
Wendy@GlascockCo.com
Listing Agent ~ Wendy Elliott
Cell 386-481-8439 ~ Office 423-825-0049 ~ Wendy@GlascockCo.com

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