Residential Development Opportunity

$3,500,000

Property Description

Anticipated updated zoning to Rn-3 allows for a potential density of 297 units. 10 Minutes to Downtown Chattanooga, walkable to restaurants and recreation. Add to your investment portfolio, develop, or hold through the build-up of surrounding properties. 6.49 acres, conveniently located within the City. Flexible multi-family zoning offers an opportunity for single family homes, townhomes, apartment complexes, and more. Just off well-traveled Hixson Pike, owners will note the proximity to Downtown Chattanooga and Hixson areas for dining, shopping, medical, education, and entertainment needs. Offering 804 feet of road frontage on Lupton Drive, with sewer, power, and Fiber Optics connectivity. Located across from Rivermont Park ball fields, tennis courts, pavilion, and public boat ramp.
logoView Original Listing on Land Broker MLS

Property Information

Status

Active

Address

6 Lupton Drive

City

Chattanooga

Price

$3,500,000

Square Footage Range

0

Beds

0

Baths

0

Acreage

6.49

County

Hamilton

School District

-

MLS Number

1246491

profile-picture

Todd Henon