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Unimproved Development Land Opportunity
For Sale
$499,000

8620 N Hickory Valley Road, Chattanooga, TN 37416

Land, Chattanooga, TN

Property SizeContact for details
Lot Size3.50 Acres
Days on Market168

Property Features for 8620 N Hickory Valley Road

General Information

Property type Land
Property subtype Other
Zoning R-3
Zoning description Residential Apartment/Townhouse District
Subdivision Hickory Valley Acres
Lot features Level, Rectangular Lot, Sloped, Wooded, Will Not Divide
Elementary school Harrison Elementary
Middle school Brown Middle
High school Central High School
Directions From 153 take Highway 58 N; Left on North Hickory Valley Road Behind Mapco Express Gas station .sign at the property.
Standard status Active
APN 120e B 002.02
Lot size 3.50 Acres

Taxes and HOA fees

Tax Description LT 1 HICKORY ACRES SUB 33-42
Tax Annual Amount 308
Legal Description LT 1 HICKORY ACRES SUB 33-42

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: United Real Estate Experts
Listed By: Laila S Punjani · License #TN323356
Added: Mar 8 Changed: Aug 19 Last Checked: Aug 23 at 10:06PM
MLS# 1529990

Copyright © 2026 Greater Chattanooga 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 offering is an unimproved 3.5-acre land parcel combination consisting of three parcels. The property is presented as development-ready for a range of project types, including residential, commercial, or a combined approach, subject to buyer verification and permitting.

The site is located near Highway 58 in the Chattanooga area. Public remarks indicate access to nearby amenities and major employers, including Hamilton Place Mall, Chattanooga Airport, Amazon, Volkswagen, Chattanooga State, and Downtown Chattanooga.

The property is zoned R-3. Buyers are responsible for conducting their own due diligence, including zoning verification, surveys, environmental assessments, and obtaining any necessary permits and approvals.

Key Highlights

  • 3. 5‑acre unimproved land offering a unique development opportunity.
  • Located near HWY 58 in a rapidly growing residential and commercial area.
  • Potential for residential, commercial, or mixed‑use development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

30
Businesses Nearby

Demographics for 37416, TN

14,844
Population
6,598
Households
2.2
Avg Household Size
42
Median Age
34%
College-Educated
94%
High-School Grad
20.5 sq mi
ZIP Area
724
Density / Sq Mi
$65,083
Median Household Income
$37,379
Median Earnings
$1,086
Median Rent
$229,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Unimproved 3.5-acre parcel combination zoned R-3 near Highway 58, suitable for residential or commercial development.
Where is this residential land & home lot located?
The property is located at 8620 N Hickory Valley Road Chattanooga, TN.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3. 5‑acre unimproved land offering a unique development opportunity.; Located near HWY 58 in a rapidly growing residential and commercial area.; Potential for residential, commercial, or mixed‑use development.
More about this property
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