Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8.09 Acres with Mountain Views Title is generated by Realmo AI

    Highway 27, Chattanooga, TN 37405

    View on Map
    Claim this Listing
    For Sale
    $75,000

    LAND - Chattanooga, TN

    Lot size:
    8.09 Acres
    Added:
    Mar 26, 2026
    Days on Market:
    68
    Last Refresh:
    Jun 1 at 3:06 pm

    Property Features for Highway 27

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Standard status
    Active
    APN
    051 08800 000
    Lot size
    8.09 Acres

    Taxes and HOA fees

    Tax Description
    Parcel ID/Tax ID: 051 088.00; Land Map: 051 ; District/Ward: 03 ; 2020 Census Trct/Blk: 501.01/1
    Tax Annual Amount
    102

    We can help!

    Listing Contact
    Julie M Barnett
    Julie M Barnett

    Listing agent Julie M Barnett License #361264

    Listing office Keller Williams Realty 7158 Lee Hwy, Chattanooga, TN

    Listing date Mar 26, 2026

    MLS# 1531128 Listing URL

    Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 8.09 acre wooded tract with mountain and valley views overlooking the Sequatchie Valley.
    • Dual road frontage on Cove Trail and Hwy 27/Suck Creek Rd offering flexible access.
    • Gently sloped terrain along Cove Trail provides an excellent potential build site.
    • Conveniently located approximately 14 miles to Chattanooga with easy access to I‑24.
    • Recent nearby road improvements enhance accessibility for SUVs and trucks.
    • Nearby power infrastructure and transformer boxes already extended into the area.

    Overview

    This 8.09-acre wooded tract overlooks the Sequatchie Valley, offering mountain and valley views. The current list price presents an attractive opportunity for buyers seeking acreage, privacy, and long-term potential. Recent improvements have enhanced accessibility in the immediate area, including widened and graveled neighboring access roads allowing SUV and truck access, along with nearby power infrastructure and transformer boxes already extended into the area. Featuring dual road frontage on Cove Trail and Hwy 27/Suck Creek Rd, this property offers flexibility for access and future use. The terrain along Cove Trail is gently sloped, providing a potential build site, while the elevated portions of the property offer scenery and a secluded setting. Mature hardwoods throughout make this an ideal location for a private homesite, mountain retreat, cabin getaway, or recreational property. It is located approximately 14 miles to Chattanooga, 6 miles to Whitwell, and 3 miles to Powells Crossroads with easy access to I 24.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.293242
    Latitude
    35.007196

    Nearby Similar for Sale

    • $1,350,000
      9,800 SF

      Fully Leased Retail Investment Plaza

      High-visibility location with strong cash flow in Chattanooga, TN.
      5805 Lee Hwy, CHATTANOOGA, TN 37421
      View Details
    • $2,000,000
      11,262 SF

      Prime Commercial Space in Chattanooga

      Versatile commercial property on Dayton Boulevard, Chattanooga.
      3920 Dayton Boulevard, Chattanooga, TN 37415
      View Details
    • $900,000
      5,220 SF

      Commercial Building with Residential Lot

      Commercial building and residential lot near Hamilton Place Mall.
      6916 Lee Hwy, Chattanooga, TN 37421
      View Details
    • $579,900
      4,402 SF

      Chattanooga Quadplex: Value-Add Investment

      Value-add quadplex with new roof and income potential.
      1500 Keeble Street, Chattanooga, TN 37412
      View Details
    • $550,000
      3,216 SF

      Updated Duplex on Missionary Ridge

      Turnkey investment: updated duplex near downtown Chattanooga with immediate income.
      311 E View Drive, Chattanooga, TN 37404
      View Details
    • $2,000,000

      Commercial Building in Chattanooga, TN

      Commercial building for sale in Chattanooga, Tennessee.
      3920 Dayton Blvd, Chattanooga, TN 37415
      View Details
    • $599,000

      Development Opportunity Near Signal Mountain

      2.83-acre vacant lot with development potential near downtown Chattanooga.
      1161 Mountain Creek Road, Chattanooga, TN 37405
      View Details
    • $449,900
      2,700 SF

      East Brainerd Income Producing Duplex

      Income-producing duplex in desirable East Brainerd location with strong rental potential.
      1422 Stratton Place Drive, Chattanooga, TN 37421
      View Details
    • $359,000
      1,919 SF

      Versatile Commercial Property, Chattanooga, TN

      High-visibility commercial property with office space and parking.
      1507 Maxwell Road, Chattanooga, TN 37412
      View Details
    • $300,500

      Level Lot in Bozentown

      Level lot in growing area, potential for commercial zoning.
      2610 Benton Avenue, Chattanooga, TN 37406
      View Details
    • $585,000
      3,120 SF

      Newer Duplex Near Downtown Chattanooga

      Turnkey income-producing duplex built in 2023, averaging $6,631/month gross.
      4514/ 4516 Oakland Avenue, Chattanooga, TN 37410
      View Details
    • $255,000
      1,378 SF

      Chattanooga Duplex: Income Potential

      Fully occupied duplex in Chattanooga, TN, generating $1,900 monthly income.
      506 Hargraves Avenue, Chattanooga, TN 37411
      View Details

    FAQs

    What type of property is this?
    Land - Wooded tract with mountain views, convenient to Chattanooga.
    Where is this land located?
    The property is located at Highway 27 Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 8.09 acre wooded tract **with mountain and valley views** overlooking the Sequatchie Valley.; Dual road frontage on Cove Trail and Hwy 27/Suck Creek Rd offering flexible access.; Gently sloped terrain along Cove Trail provides an excellent potential build site.
    (980) 320-2393
    We can help!
    Listing Contact
    Julie M Barnett
    Julie M Barnett
    Real Estate License ID: 361264
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Highway 27, Chattanooga, TN 37405
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!