786.5 Acres in Soddy Daisy, TN - $7,100,000

FDIC 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 the area 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 few minutes’ drive of Dayton, Tennessee which contains all the shopping and necessities of daily life.

FDIC contains 1,300 feet of paved road frontage along Aslinger Road and a 60-foot wide easement from the adjoining Channel Point Subdivision on the southeast side of the property. Electricity and telephone are available at the frontage and lines have been established to the waterfront to service a recreation area. The tract has miles of well established internal roads, including roads from the pavement to the waterfront.

The property contains various ages of mature pine and hardwood timber in a beautiful setting and the property’s ridgetops allow long range views of the lake and the surrounding valleys. The tract is home to abundant wildlife including both game and non-game species.

The site contains a dock and language in the deed allows for water-use facilities. Chicamauga is a TVA lake and the seller makes no guarantees as to any approvals for lake use, the purchaser should contact TVA regarding specific information for permits for lake access.

The lake, natural beauty, and location of this tract provide multiple opportunities for a purchaser to create something amazing on this rare property.