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    925 Mountain Creek Rd Chattanooga, TN 37405

    Sponsored
    For Sale
    $699,000

    Prime R-3 zoned land near downtown. Ideal for multifamily development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.45-acre tract of land, located at 925 Mountain Creek Rd, Chattanooga, TN 37405, presents a remarkable opportunity for high-density residential development. Currently zoned R-3, this property allows for the construction of apartments or duplexes, offering significant potential for substantial returns. The asking price is $699,000. Situated conveniently near downtown Chattanooga, this location provides easy access to the city's amenities and vibrant urban core. The property boasts a considerable frontage along Mountain Creek Road, providing excellent visibility and accessibility. While the current zoning permits multifamily construction, there's potential for zoning adjustments to accommodate other business or residential ventures, subject to local regulations and approvals. This large parcel offers a unique chance to create a significant residential development in a highly desirable area of Chattanooga. The property's size and zoning make it an attractive investment for developers seeking to capitalize on the growing demand for housing in this thriving Tennessee city. Hamilton County location adds to its appeal.

    Property Features for 925 Mountain Creek Rd

    General Information

    Property type
    Land
    Lot Size
    280,962 SF

    HighLights

    • 6.45‑acre tract zoned R‑3, allowing high‑density residential development (apartments/duplexes).
    • $699,000 asking price.
    • Convenient location near downtown Chattanooga with excellent road frontage.
    • Potential for zoning adjustments (subject to approvals).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.32809
    Latitude
    35.105685

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    FAQs

    What type of property is this?
    Land - Prime R-3 zoned land near downtown. Ideal for multifamily development.
    Where is this land located?
    The property is located at 925 Mountain Creek Rd Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 6.45-acre tract zoned R-3, allowing high-density residential development (apartments/duplexes).; $699,000 asking price.; Convenient location near downtown Chattanooga with excellent road frontage.
    Request Owner's contact information
    925 Mountain Creek Rd Chattanooga, TN 37405
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    Chattanooga, TN 37405
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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
    925 Mountain Creek Rd Chattanooga, TN 37405
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