Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Catoosa Pkwy Tunnel Hill, GA 30755

    View on Map
    Sponsored
    For Sale
    $424,900

    LAND - Tunnel Hill, GA

    Lot size:
    39.07 Acres
    Days on Market:
    3
    Last Refresh:
    Mar 6 at 3:06 pm

    Property Features for Catoosa Pkwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Vegetation
    Partially Wooded
    Zoning
    A-1
    APN
    00660071
    Lot size
    39.07 Acres

    Utilities

    Utilities
    Water Available
    Water front features
    Pond

    We can help!

    Listing Contact
    Samantha Lusk
    Samantha Lusk

    Samantha Lusk and Associates Realty, Inc. (706) 629-3007

    Listing agent Samantha Lusk (770) 547-1441

    Listing date Mar 4, 2026

    MLS# 7726420 Listing URL

    Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land with Pond and Views

    This 39.07-acre tract is located on Catoosa Parkway. The property includes a pond and a branch of Tiger Creek. The landscape features trees and woods. The location is near Highway 2, approximately 2 miles from the I-75 ramp, and about 0.5 miles from Tiger Creek Elementary. It is also conveniently located to Chattanooga. The property is situated across the street from the Volunteer Training Site of the National Guard, which spans over 1700 acres. The current zoning is A-1, and water, electricity, and natural gas are available at the road. There are no HOA restrictions or fees. This parcel is suitable for investors or those seeking a retreat. Potential uses include a family homestead, farm, private weekend escape, or future development close to in-town amenities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Tunnel Hill
    County
    Whitfield
    State
    Georgia
    Longitude
    -85.076902
    Latitude
    34.905748

    Nearby Similar for Sale

    • New
      $849,900
      15,100 SF

      Tunnel Hill Warehouse on 7.32 Acres

      15,100 SF warehouse on 7.32 acres in Tunnel Hill.
      3744 Lake Katherine Rd, Tunnel Hill, GA 30755
      View Details
    • $275,000
      1,650 SF

      Tunnel Hill Car Wash Opportunity

      Car wash with four bays on a one-acre lot.
      106 Cottonwood Mill Rd, Tunnel Hill, GA 30755
      View Details
    • Contact for pricing

      Turnkey Cabins Near Lake Kathy

      Two fully furnished cabins, ready for short-term rental income.
      1370 &1372 Peggy Ln, Tunnel Hill, GA 30755
      View Details
    • Contact for pricing
      1,216 SF

      Spacious Home on Large Lot

      Home on 1.35 acres with new driveway and appliances.
      401 Old Cottonwood Mill Rd, Tunnel Hill, GA 30755
      View Details

    FAQs

    What type of property is this?
    Land - 39.07 acre tract with pond, branch, and ridge-line views.
    Where is this land located?
    The property is located at Catoosa Pkwy Tunnel Hill, GA.
    What is the asking price?
    The asking price for this property is $424,900.
    What are key features of this property?
    This property features: - Sprawling 39.07+/- acre tract with pond, branch, and ridge-line views.; - Convenient location: Just off Highway 2, 2+/- miles from I-75, and close to Chattanooga.; - Water, electricity, and natural gas available at the road.
    (770) 547-1441
    Request Owner's contact information
    Catoosa Pkwy Tunnel Hill, GA 30755
    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.
    Catoosa Pkwy
    Tunnel Hill, GA 30755
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Catoosa Pkwy Tunnel Hill, GA 30755
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Samantha Lusk
    Samantha Lusk
    Real Estate License ID: 224559
    (770) 547-1441 (706) 629-3007 (706) 307-0146
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!