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Property profile & analytics
OFF-MARKET
Commercial land

1702 Shepherd Rd Chattanooga, TN 37421

0.74 ac lot
Entity Owned 1-yr Hold Free & Clear
Property ID
US80-2637613
Property summary
AI-generated overview

This exceptional 0.66-acre commercial lot presents a unique investment opportunity in Chattanooga, Tennessee. Ideally situated at the corner of Shepherd Road, Airport Road, and Vance Road, this level lot boasts convenient access to major transportation arteries, including Highway 153 and Interstate 75, placing it within minutes of the Chattanooga Airport. The property features dimensions of 173.6 feet by 186.4 feet, totaling 28,749 square feet. Utilities are readily available at the roadside, and the lot benefits from existing drainage infrastructure. Its prime location across from several car rental businesses offers high visibility and potential for significant foot traffic. The property is zoned R4, providing flexibility for a range of commercial developments. The asking price is $169,000, and the sale is offered by the owner. The parcel number is 148J A 015, and ownership is 100%. This is a rare opportunity to acquire a well-located, commercially zoned lot with owner financing available. Don't miss out on this chance to build your business in a thriving area.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.74 ac (32,290 SF)
Zoning code R4
APN 148J A 015
UPID US80-2637613
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Chara Kardia LLC · 1 yrs held
Chara Kardia LLC
since 2025
Last sale
$169,000
4 recorded transactions
2025
$169,000
2015
$87,500
2004
$75,000
1969
Price N/A
Zoning & alternative use
R4 · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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