Excellent Development Property...22 Acres

Vacant Land for Sale
Catylist Listing ID: 30566295
Property Subtypes: Agricultural, Hospitality, Industrial, Mobile Home Park, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Gross Land Area: 22.60 Acres
Sale Price: $129,900
Unit Price: $5,747 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 1/16/2021

Overview / Comments

Excellent development property, high daily traffic count on Highway 111. Located inside the city limits of Spencer. Perfect for residential development for some type commercial or industrial venture.....across the street from the Marathon on Highway 111.

Additional Details

Nearest MSA: Chattanooga
County: Van Buren
Taxing Authority: Van Buren County Spencer
Tax ID/APN: 039 001.01
Property Visibility: Excellent
Legal Description: 039 001.01
Largest Nearby Street: Highway 111
Feet of Frontage: 823
Highway Access: Highway 111
Site Description: Level, Rolling, Old Home, Barn, Storage Building
Area Description: High Volume Traffic Area
Lot Frontage: 823 ft. on Highway 111
Lot Depth: 993 ft.
Topography: Gently Sloping
Available Utilities: Electric, Water, Other

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,763 3,181
Median Age: 43.99 45.09
Households: 713 1,294
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