Prime Commercial Property Near
For Sale
$1,500,000
7306 Igou Gap Road, Chattanooga, TN 37421
COMMERCIAL - Chattanooga, TN
Property Size1,500 SF
Lot Size0.87 Acres
Price / SF$1,000
Days on Market243
Property Features for 7306 Igou Gap Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Appliances
Electric Range
Lot features
Near Public Transit, Level, Cleared, Near Public Transit, Level, Cleared
Elementary school
Bess T. Sheperd
Middle school
Tyner
High school
Tyner
Directions
I-75 S to Shallowford Road, Left of exit, Right on Gunbarrel Rd, Right on Igou Gap, property located behind AT&T store on the Left.
Standard status
Active
APN
158d F 008
Size
1,500 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Annual Amount
1402
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1946
Flooring type
Hardwood
Roof type
Shingle
Listing Agency:
Compass Group Realty, LLC
(423) 584-5577
Listed By:
Melody Smith · License #294574
(423) 595-0199
Added: Dec 22, 2025
Changed: Aug 4
Last Checked: Aug 22 at 10:06PM
MLS# 20255856
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This commercial property is located steps from Gunbarrel Road, one of Chattanooga's busiest and most rapidly developing corridors. Situated on Igou Gap Road, the property includes a 3-bedroom, 2-bath structure that offers immediate income potential or a solid footprint for redevelopment. The property is zoned for commercial use and is surrounded by thriving retail, dining, and medical businesses. This site is suitable for office, retail, or multi-use projects. The property has 0.87 acres. The existing structure has 1500 square feet. An adjoining lot may also be available for purchase upon request.
Key Highlights
- Prime commercial property near Gunbarrel Road, a rapidly developing corridor.
- Zoned for commercial use, suitable for office, retail, or multi‑use projects.
- Existing 3‑bedroom, 2‑bath structure provides immediate income potential or redevelopment footprint.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 37421, TN
51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial property near Gunbarrel Road with redevelopment potential.
Where is this commercial land located?
The property is located at 7306 Igou Gap Road Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Prime commercial property near Gunbarrel Road, a rapidly developing corridor.; Zoned for commercial use, suitable for office, retail, or multi‑use projects.; Existing 3‑bedroom, 2‑bath structure provides immediate income potential or redevelopment footprint.
