819 Runyan Dr Chattanooga, TN 37405

This exceptional 8.5-acre parcel presents a remarkable opportunity for multifamily development in Chattanooga, Tennessee. Located at 819 Runyan Drive, this R-3 zoned land offers unparalleled potential. The property boasts direct access from Runyan Drive and enjoys a secluded setting behind the Summit View Senior Community, providing residents with both convenience and privacy. With a total land area of 370,260 square feet, the site is currently undeveloped, presenting a blank canvas for a visionary project. Preliminary assessments suggest the potential for a five-story building with approximately 150 units. The property's strategic location offers easy access to downtown Chattanooga, approximately 10 minutes away via Signal Mountain Road and Highway 27. This prime location, combined with the substantial lot size and favorable zoning, makes this an exceptional investment opportunity for developers seeking to capitalize on Chattanooga's thriving real estate market. The property's APN is 033117O A 01101P000. The asking price for this exceptional development site is $1,125,000. This is a single-tenant occupancy type property.