May Rd, Sale Creek, TN 37304 (MLS# 1245137)

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

Overview

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.

Listing Details MLS# 1245137

Location Tax Legal Info

Street Name: May
St Suffix: Rd
State/Province: TN
Zip Code: 37304
PIN #: 016 011.00 & 012.00

Contract Info

Auction Y/N: No
Listing Price: 3294000

General Property Description

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

Status Change Info

Status Change Date: 2024-08-19
Under Contract Date: 2024-02-21
Sold Date: 2024-08-09

Location, Tax & Legal Info

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

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.

More Information

Property Sub-Type

Farm: Yes
Recreational: Yes
Rural: Yes
Single Family: Yes

Topography

Rolling: Yes

Road Access

Public Road: Yes

Road Frontage

County: Yes
Paved: Yes

Sale Options

Fee Simple: Yes

Improvements

Utilities on Site: Yes

Lot Description

Creek: Yes
Private: Yes
Rolling Slope: Yes
Wooded: Yes

Easements

Recorded R.O.W.: Yes

View

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

Community Amenities

Other – See Remarks: Yes

Documents on File

Topography Map: Yes

Developmnt Potential

Multi-Family: Yes
Recreational: Yes
Single Family: Yes
Subdivision: Yes

Utilities Available

Electricity: Yes
Gas: Yes
Telephone: Yes
Water: Yes

Zoning

Zoned Agricultural: Yes

Present Structures

None: Yes

Undeveloped

Other: Yes

New Financing

Cash: Yes

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 – See Remarks 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

IDX

Office Phone: 865-248-8315

Last Updated: August – 23 – 2024

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.