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    6832 Shallowford Rd Chattanooga, TN 37421

    For Sale
    $549,000

    High-traffic C2 lot, $549,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.35-acre commercial lot, located at 6832 Shallowford Road in Chattanooga, Tennessee (zip code 37421), presents a remarkable retail development opportunity. Situated in a bustling area with excellent visibility and high daily traffic counts, this property is ideally suited for a variety of commercial uses. The C2 zoning permits a wide range of businesses, including parts stores, retail establishments, restaurants, and coffee drive-thrus. Its convenient location and easy accessibility make it particularly attractive for businesses that rely on high foot and vehicle traffic. The property's prime location offers significant advantages for attracting customers and establishing a thriving business. The asking price is $549,000. While a land lease option is open to discussion, the current offering is for outright purchase. The property has a remaining lease term of one year. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving Chattanooga location. Don't miss out on this chance to secure a prime piece of real estate in a high-growth area. Hamilton County location provides easy access to major roadways and amenities.

    Property Features for 6832 Shallowford Rd

    General Information

    Property type
    Land
    Lot Size
    15,246 SF

    HighLights

    • $549,000 asking price.
    • 0.35‑acre commercial land parcel.
    • Located at 6832 Shallowford Rd, Chattanooga, TN 37421.
    • C‑2 zoning.
    • Suitable for retail, restaurant, or drive‑thru uses.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Nail Salon Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.163556
    Latitude
    35.0451394

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    FAQs

    What type of property is this?
    Land - High-traffic C2 lot, $549,000
    Where is this land located?
    The property is located at 6832 Shallowford Rd Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $549,000.
    What are key features of this property?
    This property features: $549,000 asking price.; 0.35-acre commercial land parcel.; Located at 6832 Shallowford Rd, Chattanooga, TN 37421.
    Request Owner's contact information
    6832 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
    6832 Shallowford Rd Chattanooga, TN 37421
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