$2,964,600
$3,294,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
May Rd Sale Creek, TN 37304
659 Acres Lot
Key Details
Sold Price $2,964,600
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1245137
Sold Date 08/09/24
Originating Board East Tennessee REALTORS® MLS
Lot Size 659.000 Acres
Acres 659.0
Lot Dimensions 100 x 10000
Property Description
AFM Real Estate is a pleased to present the Hamilton Tract located in northern Hamilton County, TN. The Hamilton has amazing lake views from the higher elevations of the tract. The 659-acre tract has high development potential with gentle to moderate slopes on the majority of acreage.
Road frontage and entrances are located on Daugherty Ferry and May Roads. The tract is well roaded internally with the majority of the acreage accessible by dirt or gravel surface interior roads.
The property has been owned for decades by a local forest products company. The primary use of the land was growing timber for the paper mill in Calhoun Tennessee. The forest cover on the tract ranges from merchantable products to young pine plantations. There is a significant portion of natural hardwoods. This diverse forest provides natural beauty, recreation opportunities, and future income.
Electricity, water, telephone, cable, and internet are available utilities on May Road.
Hamilton is located approximately 30 minutes' drive from Chattanooga, the outdoor hub of the US South. One of the fastest growing cities in the US South, Chattanooga's location between the Appalachian Mountains and Cumberland Plateau place this tract in one of the most scenic areas in the region. Chattanooga has a revitalized downtown and riverfront area, with dining, entertainment, art, and cultural attractions. The area is home to major industry including automotive, manufacturing, food and beverage, healthcare, insurance, corporate headquarters, and of course tourism. The quality of life and proximity to recreation make this area desirable. The property is located a 10 minutes' drive of Dayton, Tennessee and 16 miles from Soddy Daisey, which offer full retail selections.
Location
State TN
County Hamilton County - 48
Area 659.0
Zoning Zoned Agricultural
Exterior
View Country Setting, Mountain View, Seasonal Lake View, Wooded
Topography Rolling
Improvements Utilities on Site
Road Frontage , County, Paved
Garage No
Building
Lot Description Creek, Private, Rolling, Wooded, Rolling Slope
Faces From Sale Creek go noth on Hwy 27 0.4 miles, turn right on Daugherty Ferry Rd 2.6 miles, turn right on Poole Rd 1.3 miles, turn left on May Rd 0.4 miles and tract is on the right.
Others
Restrictions No
Tax ID 016 011.00 & 012.00
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