Log In/Sign Up
Your email has been sent.
3197 16th Ave - Perch on the Ridge 4.4 Acres of Commercial Land Offered at $700,000 in Chattanooga, TN 37407
Investment Highlights
- Surveyed and staked.
- Utilities available.
- Sewer mapping available.
- Preliminary site planning and engineering work completed.
- Limited subsurface evaluation completed.
- Reduced parking requirements may provide additional development flexibility.
Executive Summary
Welcome to Perch on the Ridge, 4.4 buildable acres on sought-after Missionary Ridge with sweeping views of downtown Chattanooga and Lookout Mountain. Whether your vision is a thoughtfully designed residential community, an exceptional private estate, or a preserved natural setting, this property o ers the flexibility to bring ambitious plans to life.
Comprised of 28 lots with approximately 1,000 feet of frontage along fully developed 16th Avenue and 32nd Street, this property is ready to be developed. Utilities are available at the site, and the property has been surveyed, staked, and evaluated with soil studies and preliminary engineering, allowing the next owner to move forward with confidence. Located within the Urban Overlay Zone, the property also benefits from reduced parking requirements, creating additional development flexibility. Nearly all of the lots are zoned RN-3, with one RN-2 parcel, allowing for a variety of higher-density single-family and multi-family residential possibilities. Please reference the attached schedule of properties for complete zoning and lot information.
Surrounded by the natural beauty of Missionary Ridge while remaining just minutes from downtown Chattanooga, this is a rare opportunity to secure one of the city's most unique residential development sites. The neighboring 13+ acre Forest on the Ridge property is also available for purchase, providing the opportunity to assemble an even larger landholding. Showings are by appointment only. Please do not enter the property without an agent. Buyer to verify all information without reliance on listing.
Comprised of 28 lots with approximately 1,000 feet of frontage along fully developed 16th Avenue and 32nd Street, this property is ready to be developed. Utilities are available at the site, and the property has been surveyed, staked, and evaluated with soil studies and preliminary engineering, allowing the next owner to move forward with confidence. Located within the Urban Overlay Zone, the property also benefits from reduced parking requirements, creating additional development flexibility. Nearly all of the lots are zoned RN-3, with one RN-2 parcel, allowing for a variety of higher-density single-family and multi-family residential possibilities. Please reference the attached schedule of properties for complete zoning and lot information.
Surrounded by the natural beauty of Missionary Ridge while remaining just minutes from downtown Chattanooga, this is a rare opportunity to secure one of the city's most unique residential development sites. The neighboring 13+ acre Forest on the Ridge property is also available for purchase, providing the opportunity to assemble an even larger landholding. Showings are by appointment only. Please do not enter the property without an agent. Buyer to verify all information without reliance on listing.
Property Facts
1 Lot Available
Lot
| Price | $700,000 | Lot Size | 4.40 AC |
| Price Per AC | $159,090.91 |
| Price | $700,000 |
| Price Per AC | $159,090.91 |
| Lot Size | 4.40 AC |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
20/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $82,500 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$82,500
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
3197 16th Ave - Perch on the Ridge