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    3903 Calhoun Ave Chattanooga, TN 37407

    For Sale
    $449,500

    Prime Chattanooga location, 1.4 acres, dual zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.4-acre commercial property in Chattanooga, Tennessee, presents a rare development opportunity. Located at the corner of 3903 Calhoun Avenue and East 39th Street, in Hamilton County (zip code 37407), this level lot boasts dual zoning: M-1 (1 acre) and R-2 (.4 acre). The property offers significant road frontage: approximately 184 feet on East 39th Street, 304 feet adjacent to railroad tracks, and 100 feet on Calhoun Avenue. The M-1 zoned portion measures approximately 140 feet by 300 feet. Its convenient location near Rossville Boulevard and I-24 provides excellent access and visibility. The unique zoning combination, substantial lot size, and prime location make this a highly desirable investment for a variety of commercial uses. The property is currently listed for $449,500. This is a single-tenant occupancy type property. Don't miss this chance to acquire a rare and strategically positioned commercial land parcel in a thriving Chattanooga market.

    Property Features for 3903 Calhoun Ave

    General Information

    Property type
    Land
    Lot Size
    60,984 SF

    HighLights

    • 1.4‑acre commercial lot in Chattanooga, TN, ideal for development.
    • Located at 3903 Calhoun Ave & E 39th St, Hamilton County (37407), with dual M‑1 & R‑2 zoning.
    • Significant road frontage: ~184' on E 39th St, ~304' adjacent to railroad tracks, ~100' on Calhoun Ave.
    • Prime location near Rossville Blvd & I‑24, offering excellent access and visibility.
    • Listed at $449,500; single‑tenant occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.293214
    Latitude
    34.998485

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    FAQs

    What type of property is this?
    Land - Prime Chattanooga location, 1.4 acres, dual zoning.
    Where is this land located?
    The property is located at 3903 Calhoun Ave Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $449,500.
    What are key features of this property?
    This property features: 1.4-acre commercial lot in Chattanooga, TN, ideal for development.; Located at 3903 Calhoun Ave & E 39th St, Hamilton County (37407), with dual M-1 & R-2 zoning.; Significant road frontage: ~184' on E 39th St, ~304' adjacent to railroad tracks, ~100' on Calhoun Ave.
    (423) 499-9999
    Request Owner's contact information
    3903 Calhoun Ave Chattanooga, TN 37407
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    Chattanooga, TN 37407
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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
    3903 Calhoun Ave Chattanooga, TN 37407
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