Wooded Land Zoned
For Sale
Contact for pricing
5 Francis St, Chattanooga, TN 37419
Wooded land zoned for multi-family development in Lookout Valley.
Property SizeContact for details
Days on Market2098
Property Features for 5 Francis St
General Information
Standard status
Active
Property subtype
Land
Zoning
R-4
Listing Agency:
Austin Real Estate L.L.C.
Listed By:
Thomas Austin · License #TN 253414
Source:
Crexi
Added: Nov 12, 2020
Changed: Aug 8
Last Checked: Aug 8 at 4:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Austin Real Estate L.L.C.
Investment Insights
Based on property information with market context.
This wooded land is fully zoned for multi-family development, with a maximum allowable density of 8 units per acre according to zoning restrictions. Located in Lookout Valley, it is situated around the bend in the Tennessee River from Chattanooga's Southside Redevelopment District. The area is surrounded by mountains and has I-24 running through it, offering a blend of natural beauty and convenient access to Main Street.
Key Highlights
- Zoned for multi‑family development, allowing immediate construction.
- High density zoning permits up to 8 units per acre, maximizing development potential.
- Proximity to Chattanooga's Southside Redevelopment District.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
44
Businesses Nearby
Explore this area
Business Placement
Demographics for 37419, TN
6,438
Population
2,952
Households
2.2
Avg Household Size
45
Median Age
48%
College-Educated
92%
High-School Grad
49.0 sq mi
ZIP Area
131
Density / Sq Mi
$86,029
Median Household Income
$51,528
Median Earnings
$979
Median Rent
$302,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Wooded land zoned for multi-family development in Lookout Valley.
Where is this residential land & home lot located?
The property is located at 5 Francis St Chattanooga, TN.
What is the asking price?
The asking price for this property is $6,350,000.
What are key features of this property?
This property features: Zoned for multi‑family development, allowing immediate construction.; High density zoning permits up to 8 units per acre, maximizing development potential.; Proximity to Chattanooga's Southside Redevelopment District.
