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.
Property Details
Property Features
Listing Office:
Office Name: Scenic South Properties, LLC
Office Phone: (423) 402-0008
Lot Features
Lot Information:
Lot: Irregular Lot, Level, Wooded, Cleared
Lot Size: 5.74 Acres
Other
Directions Information:
Directions: I75 N to 153N, exit hwy 11 Lee hwy turn Left, turn right on Vance Rd. property on right just past airpark rd. No sign on property.
Price Information
Listing Price Info
Price Summary:
List Price: $850,000
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
Woodmore Elementary School
800 Woodmore Ln
Distance between this listing and this school2.29 miles
Public District Grades PK-5
4
/10
East Brainerd Elementary School
3350 Brentwood Cove Dr
Distance between this listing and this school2.38 miles
Public District Grades PK-5
3
/10
Barger Academy
4808 Brainerd Rd
Distance between this listing and this school2.40 miles
Public Magnet Grades KG-5
Nearby Schools
7
/10
Chattanooga School for the Liberal Arts
6579 E Brainerd Rd
Distance between this listing and this school0.08 miles
Public Magnet Grades KG-8
2
/10
Dalewood Middle School
1300 Shallowford Rd
Distance between this listing and this school2.35 miles
Public District Grades 6-8
3
/10
Tyner Middle Academy
6837 Tyner Rd
Distance between this listing and this school3.49 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Brainerd High School
1020 N Moore Rd
Distance between this listing and this school1.74 miles
Public District Grades 9-12
4
/10
Tyner Academy
6836 Tyner Rd
Distance between this listing and this school3.41 miles
Public Magnet Grades 9-12
3
/10
East Ridge High School
4320 Bennett Rd
Distance between this listing and this school3.96 miles
The neighbors living near this home have an average income of $44,777. Most Chattanooga, TN residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 00 Vance Rd
What is the listing price of this property?
The listing price of 00 Vance Rd property is $850,000.
What type of property is this?
The property 00 Vance Rd is land located in Chattanooga, Tennessee, 37421.
Is this property for sale now?
Active Listing: 00 Vance Rd is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 00 Vance Rd in Chattanooga, TN and zip code 37421 in the Woodmore / Dalewood neighborhood. This home sits on a 5.74 acre lot. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $850,000.
In November 2024 more than 47 listings in Chattanooga, TN were sold above the asking price. During the same period more than 89 listings were sold at asking price, while more than 195 were sold below. The number of homes for sale in Chattanooga, TN decreased by 6.9% between October 2024 and November 2024. In November 2024 median list price was $330,018 and the average listing age was 37 days.
From Rocket Homes Real Estate and based on county public records data.