Listing Agency: Keller Williams Realty c***@gmail.com Show Phone

Listed By: Charles Davis · License #TN 329507

Source: Crexi

Added: Jul 2, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:20AM

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Investment Insights

Based on property information with market context.

This 6-acre property on the west side of Missionary Ridge presents a development opportunity. The site offers views of the valley, from downtown to Lookout Mountain. The property, consisting of two parcels (146L H 001 and 146L H 002), includes two homes. The main house, positioned at the edge of the brow, features a main floor and a lower level designed to maximize the views, with expansive windows and outdoor living spaces. The second house is built at a slightly lower elevation, also on the edge of the brow. The site's topography is suited for development, with proximity to downtown amenities. The landscape includes mature trees, open fields, and natural terrain. The property is suitable for single-family estate lots or a multi-family development.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

995

Businesses Nearby

Explore this area Business Placement

Demographics for 37404, TN

13,106

Population

5,887

Households

2.2

Avg Household Size

34

Median Age

32%

College-Educated

86%

High-School Grad

5.2 sq mi

ZIP Area

2,520

Density / Sq Mi

$53,585

Median Household Income

$35,983

Median Earnings

$999

Median Rent

$235,300

Median Home Value

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - 6 acre property with development potential and valley views.

Where is this residential land & home lot located?

The property is located at 54 Shallowford Rd Chattanooga, TN.

What is the asking price?

The asking price for this property is $2,495,000.