00 Vance Road, Chattanooga, TN 37421
Land
Built in ——
5.74acre lot
—— car garage
$——/sqft
Listed 11 months ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- July 17, 2024 at 05:00AM
- Listing Office:
- Scenic South Properties, LLC : 423-402-0008
- MLS ID:
- 1395787

- General: None
- Other Structures: None
This listing courtesy of Scenic South Properties, LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Bess T. Shepherd Elementary School
7126 Tyner Rd, Chattanooga, TN, 37421
Grades KG-5
2.79 miles away
Tyner Middle Academy
6837 Tyner Rd, Chattanooga, TN, 37421
Grades 6-8
2.66 miles away
Tyner Academy
6836 Tyner Rd, Chattanooga, TN, 37421
Grades 9-12
2.59 miles away