947 Lupton Drive - Residential LAND FOR SALE


Chattanooga, TN 37415 282,704 SF
$3,500,000 USD
423-664-1914
947 Lupton Drive, Chattanooga, TN for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/26
282,704 SF

947 Lupton Drive
Chattanooga, TN 37415


HIGHLIGHTS

  • Central Location
  • Zoned for Multi-Family Development
  • Utilities On Site
  • Near Established and Future Developments
  • Proximity to Local and National Dining Options
  • Walkable to Grocery

OVERVIEW

RESIDENTIAL MULTI-FAMILY DEVELOPMENT OPPORTUNITY - 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. 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! Short 1-minute drive to Champions Club Tennis Complex and the new Lupton Mills Meadow, a 12-acre city park with walking trail. 5 minutes to the luxurious Riverview estate community. Nine minutes from popular North Shore offerings including Coolidge Park, Renaissance Park, the Walnut Street Walking Bridge, Hunter Museum of Art, and Bluff View Art District. Dining out is made easy here with walkable SideTrack Restaurant, 5 minutes from North Shore favorites like Il Primo, Daily Ration, and Tremont Tavern. Grocery options nearby include Food City and Wal-Mart Neighborhood Market. Big box stores including Target, Lowe's, The Home Depot, shopping, and dozens of local and national chain restaurants, all less than 10 minutes away. Commutes made easy = 12 minutes to I-24, 14 minutes to CHA Airport, and 18 minutes to I-75. 11 minutes from the University of Tennessee at Chattanooga's campus and within 10 minutes of various educational opportunities, including walkable Rivermont Elementary. This opportunity is surrounded by established, new, and upcoming developments like The Overlook, The Enclave at Riverview, and the new Riverton Farms, an incredible luxury riverfront community. This gated community is currently in progress with construction starting soon. Schedule your private tour to maximize this Chattanooga investment opportunity! (*Anticipated updated zoning to RN-3 allows for a potential density of 297 units. Any property lines on photos are simulated and approximate. Some images may be virtually staged. Buyer is responsible for doing their due diligence to verify that all information is correct, and accurate and for obtaining any and all restrictions for the property deemed important to Buyer.)

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$539,292/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Chattanooga LAND for Multi-Family Development

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Hold for Development

LAND ACRES

6.49 AC

LAND SF

282,704 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Cable, Telephone

ZONING

RN-3

APN/PARCEL ID

118F-C-048

ASK ABOUT THIS PROPERTY

Todd HenonTodd Henon PropertiesMore Info
423-664-1914

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Todd HenonTodd Henon PropertiesMore Info
423-664-1914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.