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    7306 Igou Gap Rd Chattanooga, TN 37421

    Picture of Commercial land at Igou Gap Rd 7306, Chattanooga, TN
    For Sale
    $996,900

    COMMERCIAL - Chattanooga, TN

    Property size:
    1,500 SF
    Lot size:
    0.87 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 7306 Igou Gap Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    158d F 008
    Appliances
    Electric Range
    Size
    1,500 SF
    Lot size
    0.87 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1946
    Flooring type
    Hardwood
    Roof type
    Shingle

    Compass Group Realty, LLC (423) 284-3056

    Listing agent Melody Smith (423) 595-0199 License #294574

    Listing date Nov 17, 2025

    Copyright © 2025 River Counties 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

    Prime Commercial Property Near Gunbarrel

    This commercial property is located steps from Gunbarrel Road, one of Chattanooga's busiest and most rapidly developing corridors, on Igou Gap Road. The property is zoned for commercial use and surrounded by thriving retail, dining, and medical businesses. It includes a 3-bedroom, 2-bath structure offering immediate income potential or a solid footprint for redevelopment. The existing structure has a size of 1500 square feet. The property is a strategic site for office, retail, or multi-use projects. The lot size is 0.87 acres. An adjoining lot may also be available for purchase upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.158826
    Latitude
    35.027139

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    FAQs

    What type of property is this?
    Commercial land - Commercial property near Gunbarrel Road with income potential.
    Where is this commercial land located?
    The property is located at 7306 Igou Gap Rd Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $996,900.
    What are key features of this property?
    This property features: - Prime commercial property on Igou Gap Road, near Gunbarrel Road.; - Zoned for commercial use, suitable for office, retail, or multi-use projects.; - **Includes a 3-bedroom, 2-bath structure with immediate income potential.**
    (423) 595-0199
    Request Owner's contact information
    7306 Igou Gap Rd Chattanooga, TN 37421
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    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
    7306 Igou Gap Rd Chattanooga, TN 37421
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