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Fantastic opportunity of 5.74 acres for future development. Zoned C-2 and R-3. 0 Vance Rd, parcel 148J A 003 Within 1 mile to Chattanooga Airport, Hamilton Place Mall shopping and eateries, Freeways I-75, Hwy 153. 5.7 acres total, with existing detention pond. Site is currently mostly wooded, except for the access points and pond area. Two access points with frontage on Vance Rd with the bulk of the acreage being zoned R-3 (multifamily) and C-2 (commercial/multifamily) All utilities accessible in Vance Rd, including electric at nearby poles, public water, and sewer. Zoning department has approved the R-3 and C-2 zoned acreage and approved for a density of 1 unit on the first 7,500 SF of land plus an additional unit for every 2,000 SF. An attached 55 Townhomes concept would likely yield something in between the two single family and multi-family concepts. Based on measured acreage, the max density would be 101 units +/-. With the proximity to the airport, Volkswagen Plant, Amazon fulfillment center, and many other commercial/industrial jobs in the area, this would be an ideal site for build-to-rent townhomes or flats. The area is growing, especially heading further east from the city toward Ooltewah. Existing 386-unit apartment project nearby is in the final stages of completion. Another proposed development of over 150 units slated to break ground later this year. An existing concept showing a moderately dense site plan for 66 flats in two story buildings and an alternate concept for single families. Contact agent for more information and supporting documents.PROPERTY FEATURES
Community Features :
None
Lot Features :
Irregular Lot, Level, Wooded, Partially Cleared, Will Not Divide
Road Frontage Type :
City Street
Road Surface Type :
Paved
PROPERTY DETAILS
Street Address: 00 Vance Road
City: Chattanooga
State: Tennessee
Postal Code: 37421
County: Hamilton
MLS Number: 1395787
Courtesy of Scenic South Properties, LLC
City: Chattanooga
State: Tennessee
Postal Code: 37421
County: Hamilton
MLS Number: 1395787
Courtesy of Scenic South Properties, LLC
Courtesy of Keller Williams Realty
