May Rd, Sale Creek, TN 37304

$2,964,600
Property Type: Lots & Acreage Lot Size (sq. ft.): 28,706,040 Status: Closed
Current Price: $2,964,600 List Date: 11/07/2023 Last Modified: 8/23/2024

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.

More Information MLS# 1245137

Location, Tax & Legal Info

Area: Hamilton County - 48 City/County Code: County Total Tax: 12513.22

Contract Info

Auction Y/N: No Listing Price: 3294000 Current Price: $2,964,600 Status: Closed Listing Date: 2023-11-06

General Property Description

Lot Dimensions: 100 x 10000 Acres: 659 Acre Source: Owner Restrictions: No Property Status: N/A

Remarks & Misc

Directions: 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. Public Remarks: 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.

Property Sub-Type

Farm: 1 Recreational: 1 Rural: 1 Single Family: 1

Topography

Rolling: 1

Road Access

Public Road: 1

Road Frontage

County: 1 Paved: 1

Sale Options

Fee Simple: 1

Improvements

Utilities on Site: 1

Lot Description

Creek: 1 Private: 1 Rolling Slope: 1 Wooded: 1

Easements

Recorded R.O.W.: 1

View

Country Setting: 1 Mountain View: 1 Seasonal Lake View: 1 Wooded: 1

Community Amenities

Other: 1

Documents on File

Topography Map: 1

Developmnt Potential

Multi-Family: 1 Recreational: 1 Single Family: 1 Subdivision: 1

Utilities Available

Electricity: 1 Gas: 1 Telephone: 1 Water: 1

Zoning

Zoned Agricultural: 1

Present Structures

None: 1

Undeveloped

Other: 1

New Financing

Cash: 1

Location Tax Legal Info

Street Name: May St Suffix: Rd State/Province: TN Zip Code: 37304 PIN #: 016 011.00 & 012.00 Geo Lat: 35.390142 Geo Lon: -85.054589

Status Change Info

Status Change Date: 2024-08-19 Under Contract Date: 2024-02-21 Sold Date: 2024-08-09 Sold Price: $2,964,600

Property Features

Property Sub-Type: Farm; Recreational; Rural; Single Family Topography: Rolling Road Frontage: County; Paved Road Access: Public Road Sale Options: Fee Simple Improvements: Utilities on Site Easements: Recorded R.O.W. Community Amenities: Other Lot Description: Creek; Private; Rolling Slope; Wooded View: Country Setting; Mountain View; Seasonal Lake View; Wooded Documents on File: Topography Map Developmnt Potential: Multi-Family; Recreational; Single Family; Subdivision Utilities Available: Electricity; Gas; Telephone; Water Zoning: Zoned Agricultural Present Structures: None Undeveloped: Other New Financing: Cash
Listing Office: AFM Real Estate
Office Phone: 865-248-8315
Last Updated: August - 23 - 2024
May Rd, Sale Creek, TN 37304- MLS# 1245137
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