1161 Steele Rd Rossville, GA 30741
This online auction presents a prime 3.81-acre residential land tract situated at 1161 Steele Rd, Rossville, GA 30741 (mailing address: Rossville, GA 30741). The property boasts significant development potential, surrounded by newer residential communities. It offers substantial road frontage and access to utilities. Conveniently located near Fort Oglethorpe, East Ridge, Chattanooga, and I-75, this location provides easy access to major transportation routes and amenities. The property includes a 1200 sq ft house, built in 1945, which is in need of significant repairs. Bidding begins November 25th and ends December 5th. Inspection dates are November 27th (3-5 PM) and December 4th (3-5 PM). The closing date must be on or before December 31, 2024. Terms include a 20% down payment at bid close, with the balance due by December 31, 2024. A 10% buyer's premium applies. Detailed bidding instructions are available at www.pottsbrothers.com. From I-75 in East Ridge, take exit 1 (Ringgold Rd), go west 0.2 miles to Mack Smith Rd, turn left, go approximately 1.2 miles to Steele Rd, turn right
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.