0 Gadd Rd Chattanooga, TN 37343
This exceptional 3.36-acre parcel presents a remarkable investment opportunity in Hixson, Tennessee. Located on Gadd Rd in Hamilton County, zip code 37343, this property boasts 329 feet of road frontage, offering excellent accessibility and visibility. The land is zoned R2, permitting the construction of single-family homes, duplexes, or apartments, catering to the area's strong rental demand. The location is highly desirable, situated within a well-established community with existing single-family homes, duplexes, and rental properties nearby. Convenience is key, with easy access to major highways and a short 15-minute commute to downtown Chattanooga. Infrastructure is already in place, including on-site sewer, and readily available city water and electricity at the road, significantly reducing development costs and timelines. The asking price is $394,000, translating to approximately $117,262 per acre. This represents a compelling value proposition for both first-time buyers and seasoned investors seeking to capitalize on the thriving Chattanooga real estate market. The property's proximity to shopping and amenities further enhances its appeal and potential for strong returns. Don't miss this chance to acquire a versatile and strategically located land parcel in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.