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    54 Shallowford Rd Chattanooga, TN 37404

    Sponsored
    For Sale
    $2,495,000

    6-Acre Chattanooga Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.6-acre estate in Chattanooga, Tennessee, presents a rare development opportunity. Located on Missionary Ridge in Hamilton County (zip code 37404), at 54 Shallowford Rd, this property boasts unparalleled views of the valley, extending from downtown Chattanooga to Lookout Mountain. The land is zoned R-1 and includes two existing homes; a main house situated at the brow of the ridge, maximizing views with expansive windows and outdoor living spaces, and a second home at a slightly lower elevation. The property's topography is ideal for various development projects, including single-family estate lots or a multi-family development showcasing the stunning vistas. Mature trees, open fields, and natural terrain create a harmonious blend of seclusion and accessibility. This is more than just land; it's a canvas for a truly extraordinary project, combining breathtaking natural beauty with proximity to downtown amenities. The property is offered for sale by owner, with an asking price of $2,495,000. The APN is 146L H 002. This is a unique chance to acquire a prime piece of Chattanooga real estate with significant development potential. The property consists of two parcels: 146L H 001 and 146L H 002.

    Property Features for 54 Shallowford Rd

    General Information

    Property type
    Land
    Lot Size
    243,936 SF

    HighLights

    • $2,495,000 asking price for 5.6 acres of land zoned R‑1.
    • Exceptional development opportunity with unparalleled views, suitable for custom homes or signature projects.
    • Prime Chattanooga, TN location offering diverse development potential.
    • Unmatched views of the valley and Lookout Mountain.
    • Property includes two existing homes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -85.257780327996
    Latitude
    35.033898823879

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    FAQs

    What type of property is this?
    Land - 6-Acre Chattanooga Development Opportunity
    Where is this land 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.
    What are key features of this property?
    This property features: $2,495,000 asking price for 5.6 acres of land zoned R-1.; Exceptional development opportunity with unparalleled views, suitable for custom homes or signature projects.; Prime Chattanooga, TN location offering diverse development potential.
    Request Owner's contact information
    54 Shallowford Rd Chattanooga, TN 37404
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    Chattanooga, TN 37404
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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
    54 Shallowford Rd Chattanooga, TN 37404
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