
Description
***Owner Financing Available*** 38.7 Highly sought after location with I-75 visibility. This parcel is near many commercial retail and industrial sites. It has the possibility to be rezoned commercial, industrial, or high density residential. The parcel has rail access, buyer confirm access. The 38.7 acres is currently part of a larger parcel. Only the 38.7 ac tract is offered for sale. The seller would consider dividing the 38.7 acre parcel. The parcel has been surveyed and approved, it is the process of being recorded. The listing agent has a material relationship to the seller.Catoosa is a Job Tax Credit Tier 3 community. New and expanding companies *may earn $1750-$3000 in tax credits. The State of Georgia offers an investment tax credit to existing companies that have been doing business in the state for at least three years. The value of the credit is based on a county's Tier status. Catoosa County is a Tier 3 community. Therefore, existing industry can receive a 1% State income tax credit on qualified investments. A credit credit of 3% is Available for investments in:Recycling or pollution control equipment or Defense plant manufacturing conversion to a new product. Catoosa County's census tract 301 was designated by the State of Georgia Department of Community Affairs as a Military Zone. This designation means that any lawful business (includes restaurant and retail) that creates at least 2 NEW jobs is eligible for a job tax credit of $3,500 per new job to be used towards 100% of state income tax and with the remainder applied towards payroll tax liability. Catoosa is more than "a community south of Chattanooga"; Call today and set up a tour of this property and see why Catoosa should be your choice to do business. ? The listing agent has a material relationship to the seller.
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0BEDS
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38.7ACRES
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0BATHS
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01/2 BATHS
School Information
Description
***Owner Financing Available*** 38.7 Highly sought after location with I-75 visibility. This parcel is near many commercial retail and industrial sites. It has the possibility to be rezoned commercial, industrial, or high density residential. The parcel has rail access, buyer confirm access. The 38.7 acres is currently part of a larger parcel. Only the 38.7 ac tract is offered for sale. The seller would consider dividing the 38.7 acre parcel. The parcel has been surveyed and approved, it is the process of being recorded. The listing agent has a material relationship to the seller.Catoosa is a Job Tax Credit Tier 3 community. New and expanding companies *may earn $1750-$3000 in tax credits. The State of Georgia offers an investment tax credit to existing companies that have been doing business in the state for at least three years. The value of the credit is based on a county's Tier status. Catoosa County is a Tier 3 community. Therefore, existing industry can receive a 1% State income tax credit on qualified investments. A credit credit of 3% is Available for investments in:Recycling or pollution control equipment or Defense plant manufacturing conversion to a new product. Catoosa County's census tract 301 was designated by the State of Georgia Department of Community Affairs as a Military Zone. This designation means that any lawful business (includes restaurant and retail) that creates at least 2 NEW jobs is eligible for a job tax credit of $3,500 per new job to be used towards 100% of state income tax and with the remainder applied towards payroll tax liability. Catoosa is more than "a community south of Chattanooga"; Call today and set up a tour of this property and see why Catoosa should be your choice to do business. ? The listing agent has a material relationship to the seller.
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Property Description
Improvements None Lot Description Adjacent to Railroad Lot Size Dimensions 0 Road County Shape Regular Structures None
Percent Clear Partial
Adjacent Use CommercialIndustrialRural Auction No Docs On File Survey Financing CashOwner Flood Zone Partial Options Will Divide Possession Day of Closing Property Sub Type Residential Senior Community YN No Taxes 0.00 Utilities None Zoning R-4 Special Zoning

Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Berkshire Hathaway Homeservices Realty Center: (706) 866-4140.



