961 Ashland Terrace Chattanooga, TN 37415

Exceptional real estate opportunity for investors or developers. This 1.1 acre lot is situated in a prime location and offers zoning for townhomes, multifamily residences or even commercial office space. This property is perfect for a developer looking to create a residential community of townhomes or multifamily. Zoning permits for up to 10 townhomes. For commercial developers this lot is situated in a prime location with easy access to Hixson Pike in 1 minute or Dayton Blvd in 2 minutes. Highly visible location across from Walmart with over 220 feet of frontage on Ashland Terrace. Over 17,000 cars per day per TDOT. This listing is an assemblage of two lots under the same ownership. 961 is Chattanooga zoning R4. 955 Ashland is Chattanooga zoning RT1. Land is sloped at the front and levels off in the back. The land is not cleared. Sewer, water, electrical, gas is all at the street. Don't miss out on this exceptional opportunity to develop a prime piece of real estate.