0 Park Rd Lookout Mountain, TN 37350
This exceptional 2-acre parcel presents a unique opportunity for residential development in the desirable Lookout Valley area of Lookout Mountain, Tennessee. Located conveniently off Kelly Ferry Road on Park Road, this R-1 zoned property boasts readily available utilities, including sewer access along Park Road and water. The lot size offers ample space for a variety of residential building plans, making it ideal for a single-family home or potentially a smaller multi-family development (subject to local regulations and approvals). While the property does include a billboard easement, this should be considered during any future development plans. The address is Park Rd, Lookout Mountain, TN 37350, within Hamilton County. The asking price for this prime residential land is $85,000. This represents a compelling investment opportunity in a sought-after Tennessee location. Buyers are encouraged to conduct their own due diligence and verify all information with the appropriate local authorities before making a purchase decision.
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.