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32784759
32784760

1810 S. Kelley St, Chattanooga, TN 37404

$550,000
17 days on market
Updated 17 days ago

1810 S. Kelley St: TRN-3 Infill Development Site

Details
APN 156G-E-021, 156G-E-022, 156G-E-023, 156G-E-024.01
Property Type Land
Sub Type Commercial
Tenancy Vacant
Acreage 0.750
Zoning TRN-3
Investment Type Redevelopment

Land | Urban Core | 0.75 acres

Marketing description

1810 S Kelley Street presents a rare, entitled infill townhome development opportunity in Chattanooga's urban core. The offering includes an assemblage of approximately 0.75 acres across multiple contiguous parcels, recently rezoned to TRN-3, with supporting due diligence and entitlement work already completed.

The property has been assembled and advanced through key pre-development milestones including rezoning, survey, site planning, environmental review, hydrologic determination, and jurisdictional review. Upfront entitlement risk and development timeline has been substantially reduced for the next operator.

The offering consists of a contiguous assemblage of parcels located along South Kelley Street in Chattanooga, Tennessee. The site totals approximately 0.75 acres and has been intentionally assembled and advanced for residential redevelopment.

Currently improved with one existing residence and additional undeveloped land, the site's highest and best use is as a small-format infill residential development positioned for attached townhome product.

1810 S Kelley St presents the opportunity to acquire an entitled and materially de-risked infill development site at a basis below the time, cost, and complexity required to recreate the same assemblage and pre-development work today.

Investment highlights

  • Approx 0.75 Acre Assemblage in Chattanooga's Urban Core
  • Recently Rezoned TRN-3 for enhanced residential density
  • Townhome site plan completed
  • Survey, Phase I ESA, and entitlement diligence completed
  • TDEC Hydrologic and USACE Non-Jurisdictional Wet Weather Conveyance Determinations complete

Listing Contacts

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Additional Information

Name
Ashlee Lawrence
License
349617
Brokerage
Real Broker
Brokerage Phone
844-591-7325
Title
Affiliate Broker
Brokerage Address
7121 Regal Lane
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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