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Prime Development Opportunity in Chattanooga

7440 Goodwin Rd, Chattanooga, TN 37421

For Sale
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Highly visible commercial land near retail corridor with development potential.

Property SizeContact for details
Days on Market901

Property Features for 7440 Goodwin Rd

General Information

Standard status Active
Property subtype Land
Zoning C2
Listing Agency: Tower Property Group, LLC
Listed By: Jon Hughes · License TN #294692
Source: Crexi
Added: May 24, 2024 Changed: Nov 2 Last Checked: Nov 10 at 8:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tower Property Group, LLC

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Investment Insights

Based on property information with market context.

Located less than 1,000 feet from the intersection of Gunbarrel Road and Goodwin Road, 7440 Goodwin Road presents a premier development opportunity in Chattanooga, Tennessee. The property features 485 feet of road frontage, ensuring high visibility and accessibility. The surrounding area is characterized by retail stores, eateries, and medical facilities. High-profile corporate and credit tenants are present in the area, contributing to a thriving commercial environment. Hamilton Place Mall is located in close proximity. Zoned C2 and featuring flat topography, the site is suitable for various development projects, including retail, mixed-use, hospitality, office, and high-density multi-family. The property is positioned for growth and profitability in a dynamic area of Chattanooga.

Key Highlights

  • Prime location less than 1,000' from the intersection of Gunbarrel Road and Goodwin Road.
  • 485' of road frontage providing high visibility and accessibility.**
  • Zoned C2 and featuring flat topography, ideal for various development projects.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Building Supply Parking Lot & Garage Electrical Service Real Estate Agency Storage Facility Grocery & Convenience Store

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

1,512
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Chattanooga

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Frequently Asked Questions

What type of property is this?
Commercial land - Highly visible commercial land near retail corridor with development potential.
Where is this commercial land located?
The property is located at 7440 Goodwin Rd Chattanooga, TN.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime location less than 1,000' from the intersection of Gunbarrel Road and Goodwin Road.; 485' of road frontage providing high visibility and accessibility.**; Zoned C2 and featuring flat topography, ideal for various development projects.
(423) 432-2990 · Office Call to check price and availability
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