Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1816 Gray Rd Chattanooga, TN 37421

    Pending
    For Sale
    $1,450,000

    LAND - Chattanooga, TN

    Lot size:
    14.32 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 15 at 10:06 am

    Property Features for 1816 Gray Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R-1
    APN
    159b A 003
    Lot size
    14.32 Acres

    Utilities

    Utilities
    Cable Available

    THE JAMES COMPANY REAL ESTATE BROKERS AND DEVELOPMENT (423) 499-9999 [email protected]

    Listing agent James Perry (423) 400-2424 License #228482

    Listing date Sep 29, 2025

    Copyright © 2025 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chattanooga Land with Creek Frontage

    This 14.32-acre property is located in the East Brainerd area of Chattanooga, Tennessee. Zoned R-1, the land is suitable for residential development and new construction. It features 347 feet of frontage on Gray Road and 643 feet of frontage on Igou Gap Road. A notable feature is the 810 feet of frontage along Mackey Branch creek. Sewer services are available. The property may qualify for tax credits through a conservation easement program with the Contract Land Trust for Tennessee, or for Chattanooga grants to enhance Urban Forestry. The area along Mackey Branch creek supports abundant wildlife and greenery, with potential for preservation programs and associated tax incentives. An additional lot for sale is located on the Legends side of Igou Gap, also with creek frontage. The property is located at 1816 Gray Road, Chattanooga, TN 37421.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.146521
    Latitude
    35.020925

    Nearby Similar for Sale

    • New
      $800,000
      3,436 SF

      Reimagined Quadplex with Development Potential

      Turnkey quadplex in Chattanooga with development opportunities.
      314 E View Dr, Chattanooga, TN 37404
      View Details
    • $1,990,000
      1,520 SF

      Chattanooga Six-Home Rental Portfolio

      Turnkey rental portfolio featuring six single-family homes, fully leased and cash-flowing.
      6215 Walden Ave, Chattanooga, TN 37421
      View Details
    • $1,700,000
      2,132 SF

      Chattanooga Multifamily Investment Opportunity

      Four homes in rapidly growing South Broad community.
      3307+ Aberdeen Row, Chattanooga, TN 37410
      View Details
    • $585,000
      2,218 SF

      Chattanooga Triplex in Prime Location

      Income-producing triplex in Chattanooga's desirable Northshore neighborhood.
      407 Colville St, Chattanooga, TN 37405
      View Details
    • $359,000
      1,919 SF

      Versatile Commercial Property, Chattanooga, TN

      High-visibility commercial property with office space and parking.
      1507 Maxwell Rd, Chattanooga, TN 37412
      View Details
    • $289,000
      Pending

      Chattanooga Duplex Near Highway 58

      Well-maintained duplex near restaurants and shopping with income potential.
      4607 Murray Lake Ln, Chattanooga, TN 37416
      View Details

    FAQs

    What type of property is this?
    Land - 14.32 acres in East Brainerd with development potential.
    Where is this land located?
    The property is located at 1816 Gray Rd Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - Prime East Brainerd location with 14.32 acres suitable for residential development/new construction.; - Significant road frontage: 347 ft on Gray Road and 643 ft on Igou Gap Road.; - Enjoy 810 ft of Mackey Branch creek frontage.
    (423) 400-2424
    Request Owner's contact information
    1816 Gray Rd Chattanooga, TN 37421
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1816 Gray Rd
    Chattanooga, TN 37421
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1816 Gray Rd Chattanooga, TN 37421
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.