For Sale
$795,000

0 Ashland TerChattanooga, TN 37415

4.59 Acres, R-4 Zoning, High ROI Potential

Overview

Added:
Dec 11, 2024
Days on market:
114
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.

Highlights

  • 4.59-acre commercial land parcel in Red Bank, TN (37415).
  • Located on Ashland Terrace in Hamilton County.
  • Zoned R-4, ideal for multi-family residential development.
  • $795,000 asking price.
  • Excellent access to Chattanooga and surrounding areas.

Property Details for 0 Ashland Ter

Property type
Land
Lot Size (sq. ft)
199,940 SF

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.116920131549
Longitude
-85.276875238913
Ashland Ter, Chattanooga, Tennessee

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0 Ashland Ter
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