Property profile

2123 Hamill Rd Chattanooga, TN 37343

OFF-MARKET
Land
1.13 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.13-acre parcel of land presents a unique opportunity for residential development in the desirable Hixson area of Chattanooga, Tennessee. Located at 2123 Hamill Rd, this flat, graded lot is zoned O-1, offering flexibility for various residential projects. The property's convenient location provides easy access to local amenities and transportation routes. A key advantage is the existing detention system on an adjacent lot, a pre-arranged solution with the City of Chattanooga, eliminating the need for costly and time-consuming infrastructure development. This significantly reduces upfront costs and streamlines the building process. The asking price is $295,000. The property's address is verified as 2123 Hamill Rd, Chattanooga, Hamilton County, Tennessee, 37343. The geographic coordinates are latitude 35.12469 and longitude -85.234699. This is a prime opportunity for builders or investors seeking a well-situated residential land parcel with significant cost-saving benefits. The property is ready for immediate development, offering a streamlined path to construction. Broker co-op is available.

Property profile

Verified
Property type Land
Lot 1.13 ac (49,223 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2123 Hamill Rd Chattanooga, TN 37343
Chattanooga metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2123 Hamill Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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