Gadd Rd Chattanooga, TN 37343
- Land
- 3.36 lot acres
Current Use by Public Records
- Land
Property Details for 0 Gadd Rd
- Lot size
- 3.36 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2557
- Latitude
- 35.1409
