925 Mountain Creek Rd Chattanooga, TN 37405
- Commercial real estate
- 6.45 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 925 Mountain Creek Rd
- Lot size
- 6.45 lot acres
- Property type
- Commercial real estate
Description
This exceptional 6.45-acre tract of land, located at 925 Mountain Creek Rd, Chattanooga, TN 37405, presents a remarkable opportunity for high-density residential development. Currently zoned R-3, this property allows for the construction of apartments or duplexes, offering significant potential for substantial returns. The asking price is $699,000. Situated conveniently near downtown Chattanooga, this location provides easy access to the city's amenities and vibrant urban core. The property boasts a considerable frontage along Mountain Creek Road, providing excellent visibility and accessibility. While the current zoning permits multifamily construction, there's potential for zoning adjustments to accommodate other business or residential ventures, subject to local regulations and approvals. This large parcel offers a unique chance to create a significant residential development in a highly desirable area of Chattanooga. The property's size and zoning make it an attractive investment for developers seeking to capitalize on the growing demand for housing in this thriving Tennessee city. Hamilton County location adds to its appeal.
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
- -85.32809
- Latitude
- 35.105685
