Does anyone have experience sub dividing lots and then building a new house/multifamily on the new lot? There is a bunch of waste space on the side of the lot that would be perfect for a new property. I've reached out to the country to see what the process would be to get the lot divided into two. Does anyone have experience in this process? What is the construction loan process? Property is in a suburb of Chattanooga, TN located in Fort O, GA.
@Mallie Messri Thanks for the reply. I will look into the facebook groups.
Depends on zoning as well. Ft O is mostly in Catoosa County but some of it lies in Walker County. Walker County is broke and has been jacking up property taxes to get out of years and years of mismanagement. That being said, each county has it's own general plan for growth that can be found online. This will tell you min. lot size, set back requirements, street frontage, etc. that a lot must have in order for it to be built on. I've done this in Hamilton County in the past. I'll also say that if everything is R1 and there are no other small multi's in the neighborhood, you'll probably have an uphill climb getting it rezoned to to R2 due to neighbors most likely complaining. Just food for thought.