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    7810 Shallowford Rd Chattanooga, TN 37421

    For Sale
    $4,500,000

    6.2 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 6.2-acre property in Chattanooga, Tennessee, presents a unique dual-use opportunity. Strategically located at 7810 & 7812 Shallowford Rd and 2241 & 2237 Jenkins Rd, in Hamilton County, zip code 37421 (35.03444716025137, -85.1341814670867), this land boasts a flexible zoning designation. Two acres are zoned for commercial use, ideal for a variety of ventures including a car wash, small strip mall, or fast-food restaurant. The remaining 4.2 acres are zoned for residential development, perfect for townhomes or single-family residences. This presents a rare chance to develop a mixed-use project or to pursue separate commercial and residential developments. The asking price for this expansive parcel is $4,500,000. Owners are motivated to sell, making this an attractive investment opportunity for developers and investors seeking a high-return project in a desirable Chattanooga location. The property's size and zoning flexibility offer significant potential for future growth and profitability. Don't miss this chance to acquire a substantial piece of land with immense development possibilities in a thriving Tennessee market.

    Property Features for 7810 Shallowford Rd

    General Information

    Property type
    Land
    Lot Size
    270,072 SF

    HighLights

    • $4,500,000 asking price.
    • 6.2‑acre land parcel.
    • Commercial and residential zoning (2 acres commercial, remaining residential).
    • Located at 7810 & 7812 Shallowford Rd, and 2241 & 2237 Jenkins Rd, Chattanooga, TN 37421.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.134181467087
    Latitude
    35.034447160251

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    FAQs

    What type of property is this?
    Land - 6.2 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at 7810 Shallowford Rd Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: $4,500,000 asking price.; 6.2-acre land parcel.; Commercial and residential zoning (2 acres commercial, remaining residential).
    (423) 468-0444
    Request Owner's contact information
    7810 Shallowford Rd Chattanooga, TN 37421
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    Chattanooga, TN 37421
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    Realmo Value Estimation

    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.

    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.

    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
    7810 Shallowford Rd Chattanooga, TN 37421
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