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Property profile & analytics
OFF-MARKET
Land

0 Ashland Ter Chattanooga, TN 37415

4.59 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.59-acre commercial land parcel, located on Ashland Terrace in Red Bank, Tennessee (zip code 37415), presents a remarkable opportunity for developers. Situated in Hamilton County, this flat, buildable lot is zoned R-4, making it ideally suited for multi-family residential development. The property's prime location offers easy access to Chattanooga and surrounding areas, catering to a growing population of professionals and families. The existing infrastructure and accessibility contribute to a high potential return on investment (ROI). The seller, Ashland Terrace, LLC, is offering this property for $795,000. This represents a significant opportunity to capitalize on the strong demand for housing in this desirable area. The property's size and zoning allow for a substantial number of units, maximizing development potential and profitability. Detailed site plans and further information are available upon request. This is a rare chance to acquire a prime development site in a thriving Tennessee community. Serious inquiries only.

Property profile
Verified
Property type Land
Lot 4.59 ac (199,940 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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