2123 Hamill Rd Chattanooga, TN 37343
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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