Residential development land (possible 4-12 homes)

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30765952
Property Subtypes: Multi-Family, Residential (Single Family)
Status: Pending
Gross Land Area: 0.86 Acres
Sale Price: $44,000
Unit Price: $51,162 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/7/2021

Overview / Comments

Sale includes 4 contiguous lots in the City of Chattanooga with a variety of potential development scenarios. Adjacent uses include multi-family so it may be possible to up-zone to R-4 or RTZ for multi-family or townhomes yet current zoning is R-1 (single family detached dwellings). Land has been cleared and is easy to view with over 225' of frontage on both Taylor St and Arlington Ave.

Property is only two blocks from Memorial Hospital located just 200' feet from CARTA bus stops.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: City of Chattanooga
Tax ID/APN: 033146D D 02300P000
Zoning: R-1 (R-3/R-4 ADJACENT)
Property Visibility: Good
Feet of Frontage: 225
Lot Frontage: 225'
Lot Depth: 163'
Zoning Description: single family detached dwellings; adjacent uses include multi-family developments
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,365 73,073 152,027
Median Age: 38.75 34.79 36.79
Households: 4,562 29,138 64,339

Contact

Photograph of Listing Agent

John E Jewell

CBT Commercial Greater Chattanooga REALTORS® Member
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