Mixed-Use Land for Sale in South Pittsburg, Tennessee

S Pittsburg Mountain Rd South Pittsburg, TN 37380

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$4,000,000
615 acres
Active sale$920k dropEst $37,692/mo

$1M Price Improvement from the original $5M List Price. NOW ONLY $4M!!!

It is an investor's dream to have the opportunity to purchase 615+/- acres to develop into a premier residential community, vineyard, or private estate overlooking the TN River in S Pittsburg, TN--minutes off i24 exit 152a, less than 20 miles outside downtown Chattanooga. There are two other extraordinary communities, Black Creek and Jasper Highlands, that are already developed, and River Gorge Ranch is right around the corner being developed in the local area. HappyHollowVista would complement the other 3 to add additional amenities and homesites a short drive outside downtown Chattanooga, TN. Please visit the property website to view and share the extensive details with your team.

We look forward to working with you. HappyHollowVista

Potential timber, trails, and hunting.

Prime development opportunity to leverage the TN River Town Initiative. 615+/- sloping acres overlooking the scenic Tennessee River and the quaint town of South Pittsburg, TN. Well-suited for various uses, including hospitality, specialty, sports and entertainment, and residential and commercial development. The property is located in an Opportunity Zone, granting tax incentives to developers. Tennessee is ranked #1 for business climate, with low business tax rates and no personal income tax. South Pittsburg is part of an exciting new program to embrace the Tennessee River; it is designated as a Tennessee Riverline ''RiverTown.'' The project is an initiative to promote the development of commerce and recreation along the 652-mile Tennessee River.

Directions

Take i24 to exit 152a N Cedar Ave (72) towards South Pittsburg. Turn right on 2nd St (156) S Pittsburg Mountain Rd. 615 acres is on the left.

Property details

Coordinates
35.0213, -85.7167
Elevation
912 feet
MLS Number
CAR 1382718
Date Listed

Parcels

  • 141 009.00

Property taxes

Year not provided
$2,090

This 615-acre property is located at S Pittsburg Mountain Rd in South Pittsburg, TN 37380 with latitude 35.0213 and longitude -85.7167. The property is currently available for sale for $4,000,000 with a price per acre of $6,504. Listing data is sourced from Greater Chattanooga Association of Realtors # 1382718.

Verify sale details at the property source or contact Crye-Leike, REALTORS at (256) 656-8747.

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Copyright (C) 2024 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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