0 Ashland Ter Chattanooga, TN 37415
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.