Ashland Ter Chattanooga, TN 37415
- Land
- 4.59 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ashland Ter
- Lot size
- 4.59 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2769
- Latitude
- 35.1169
