Oak Knoll St, Chattanooga

$360,000

0 Bed
0 Bath
66,200 Sqft
1.52 Acres
0 Garage

Overview: A rare and lucrative opportunity for developers in the highly sought-after Stuart Heights neighborhood. Offering an expansive 1.52 acre land parcel, comprising parcels 118G F 008.01, 118G F 013, and 118G F 014. This land is primed for a visionary developer to subdivide and capitalize on its full potential.Key Features:Extensive Frontage: Boasting 190 feet fronting Oak Knoll Dr and 400feet fronting Hall St, this land offers unparalleled access and visibility.Pre-Approved Parcel Divisions: The hard work has been done for you. The parcel divisions have already been approved by zoning, eliminating the need for any variances. Attached documents provide a detailed outline of these divisions.Location Advantages:Close to Downtown: Just a short bike ride from Coolidge Park, this location offers the perfect mix of suburban tranquility and urban accessibility.Surrounded by Nature: Set amidst a backdrop of lush trees and quiet streets, this land promises a serene living environment.Amenities Nearby: The area is well-served with amenities including Food City grocery store, a variety of restaurants, and boutique retail stores.Development Potential:Rare Large Parcel: Opportunities to acquire such a large piece of land in Stuart Heights are extremely rare, making this an exceptional find for developers.Nearby Developments: With significant developments like Discover Riverton nearby and a large apartment complex planned at the corner of Hixson Pike and Lupton Dr, the area is poised for substantial growth.Investment Opportunity: This land represents not just a development project, but a strategic investment in a rapidly evolving neighborhood.Don't Miss This Chance! This 1.52 acre parcel in Stuart Heights is a developer's dream.

Essential Information
MLS® #1385841
Price$360,000
Square Footage66,200
Acres1.52
TypeLand
Sub-TypeResidential
StatusActive
Community Information
AddressOak Knoll St
SubdivisionLockwood Hgts
CityChattanooga
CountyHamilton
StateTN
Zip Code37415
Utilities

Cable, Electric, Telephone, Water, Sewer

Features

Electric, Public Water, Cable, Telephone

Exterior
Lot DescriptionSloping, Wooded
School Information
ElementaryRivermont Elementary
MiddleRed Bank Middle
HighRed Bank High School
Zoning

R-1 Single-Family Residential District

Property History
Price Reduced from $375,000 to $360,000
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Listing Courtesy Of: Clear Path Realty and Development

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This site was last updated on April 29th, 2024 at 1:43pm