Townhome or Single Family Development Tract

Vacant Land for Sale
Catylist Listing ID: 30029765
Property Subtypes: Residential (Single Family)
Gross Land Area: 6.90 - 7.75 Acres
Sale Price: $350,000 - 500,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/14/2018

Overview / Comments

6.9 - 7.5 acres (apprx) zoned for townhouses or single family. Can be developed for single family or build out as planned and rented. Adjacent parcel including two houses and a garage can be included or not.
Market rent for house is $1350/mo. Efficiency free-standing brick apartment is unfinished.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County/Red Bank TN
Tax ID/APN: 126K B 004
Zoning: RT-1
Property Located Between: At corner of Ashmore and Mason
Largest Nearby Street: Mason Drive at Ashmore Avenue
Airports: Chattanooga Metropolitan Airport
Site Description: This property runs along a bench between Ashmore and the Ridgemont Apartments.
Area Description: Walk to Stringers Ridge Trailhead, Midvale Park. Seconds from the Northshore.
Zoning Description: RT-1
Development Name: Ashmore Townhomes
Topography: Gently Sloping
Easements: Electric Lines
Easements Description: Power line easement through south end of property.
Available Utilities: Electric, Water, Gas, Sewer, Cable
Water Service: Municipal
Sewer Type: Municipal, Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,983 44,961 107,169
Median Age: 33.93 36.49 36.92
Households: 1,894 19,255 44,932


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