$3,500,000
6 Lupton Drive Chattanooga, TN 37415
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Listed by Todd Henon • Greater Downtown Realty dba Keller Williams Realty
$3,500,000
Est. payment /mo
6.49 Acres Lot
UPDATED:
10/26/2024 06:07 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2752369
HOA Y/N No
Annual Tax Amount $1,526
Lot Size 6.490 Acres
Acres 6.49
Lot Dimensions 826.81X450
Property Description
RESIDENTIAL MULTI-FAMILY DEVELOPMENT OPPORTUNITY - Anticipated updated zoning to RN-3 allows for 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. Utilize this 6.49± acres to develop up to 297 multi-family units.* Located across from Rivermont Park ball fields, tennis courts, pavilion, and PUBLIC BOAT RAMP!
Location
State TN
County Hamilton County
Zoning R-3
Interior
Fireplace N
Exterior
Utilities Available Water Available
Waterfront false
View Y/N false
Private Pool false
Building
Lot Description Level, Sloped, Wooded, Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Rivermont Elementary School
Middle Schools Red Bank Middle School
High Schools Red Bank High School
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Leigh Ann Parkinson
REALTOR® Agent ABR® SRS® | License ID: 357037
REALTOR® Agent ABR® SRS® License ID: 357037