515 Forest AVE Chattanooga, TN 37405
0.57 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Frazier & Collvilles
MLS Listing ID 1502753
Originating Board Greater Chattanooga REALTORS®
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Unimproved Land
Property Description
Chattanooga is currently facing a significant housing shortage while experiencing rapid growth. This development presents a prime opportunity to meet the rising demand for residential in the city. Looking ahead to May 2025, the Chattanooga housing market is projected to grow by 0.4%.
Located in the heart of the expanding Northshore district along Forest Ave, this site not only offers a prime location—a stone's throw from the vibrant heart of the city—but also boasts scenic city views. Residents can enjoy walking, biking, or easy driving access to Northshore, downtown, and Southside hotspots, including trendy restaurants, lounges, music venues, the Walnut Street walking bridge, Coolidge Park, the Riverfront, the Aquarium.The dynamic Northshore district provides convenient access to essential amenities such as Publix, Walgreens, Walk-In clinic, various fitness options, banks, and a post office, all while being at the center of excitement and growth.
The Normal Park Museum Magnet School, located within the neighborhood bounds, serves students in kindergarten through eighth grade. Normal Park, which received an A-minus from Niche. OFFERING MEMORANDUM upon request.
Location
State TN
County Hamilton
Area 0.57
Zoning Residential Apartment/Townhouse District
Interior
Equipment None
Exterior
Exterior Feature None
Community Features Sidewalks
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
View Downtown, River
Garage No
Building
Lot Description Cleared, Gentle Sloping, Views
Faces Head west on Frazier Ave toward Tampa St. Turn Right on Forest Ave. Destination is on the left about .3 miles.
Sewer Public Sewer
Water Public
Additional Building Residence
Schools
Elementary Schools Normal Park Elementary
Middle Schools Normal Park Upper
High Schools Red Bank High School
Others
Senior Community No
Tax ID 135d R 007
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan