Development Opportunity at Edge of Red Bank & NorthShore
|Catylist Listing ID:
Residential (Single Family), Other
|Gross Land Area:
||$69,241 Per Acre
||Cash to Seller, Other
Overview / Comments
Attention developers and builders! Incredible development opportunity at the edge of Red Bank and NorthShore. These two adjacent parcels totaling 6.86 acres are situated close to Stinger's Ridge. Current RT-1 zoning allows for single family homes or townhomes up to 30 units. A preliminary site plan for townhomes has already been drawn with 24 units, a road, and community lot, and the plans can be re-drawn. If cleared, the lots would offer scenic views of Signal Mountain. Currently, there is a recently remodeled 1,200 sqft home on one of the lots, featuring 3 bedrooms and 2 full baths, which is rented for $1,275 a month. If you're looking for a townhome or zero lot line single-family home development with the opportunity of up to $200/sqft pricing, then you have discovered a golden opportunity. Call today for your private showing.
Attachments & Media
||126k B 024 And 126k B 004
||Lot 1-2 Midvale Park Ext South Pb 1 5 Pg 6 and Midvale Park Ext South Pb 15 Pg 6
||Electric, Water, Gas, Sewer, Cable
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