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Property profile & analytics
OFF-MARKET
Assisted living facilities

2200 Morris Hl Rd Chattanooga, TN 37421-2818

66,610 SF 77 ac lot Built 1973
Entity Owned Free & Clear
Property ID
US80-1221351
Property summary
AI-generated overview

This exceptional 40-45 acre (exact size to be determined by survey) residential lot presents a remarkable development opportunity in Chattanooga's desirable East Brainerd submarket. Zoned R-1, this expansive property offers unparalleled flexibility for various residential projects, ranging from single-family homes to larger estate properties. Its prime location provides convenient access to the bustling Hamilton Place Mall and Gunbarrel Road commercial areas, ensuring strong appeal to developers seeking to capitalize on the thriving East Brainerd real estate market. The property's generous size allows for creative and expansive development plans, catering to a wide range of residential needs. Proximity to established amenities and conveniences further enhances its desirability. This is a rare opportunity to acquire a significant parcel of land in a highly sought-after Chattanooga neighborhood. The property is located at 2200 Morris Hill Rd, Chattanooga, TN 37421 (APN: 149M A 006). Please note that there is no signage on the property; unaccompanied visits are discouraged.

Property profile
Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1973
Total area 66,610 SF
Lot 77 ac (3,354,120 SF)
Zoning code A
APN 149M A 006
UPID US80-1221351
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
Current use
Occupant on record · Public records
  • Parkridge Valley Child & Adolescent Campus Physician Medical Clinic
  • Kevin R Ferguson Md Physician Medical Clinic
  • Carter John E MD Physician
  • Rory Dial Justo Physician
  • Lusk Howard L Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
VALLEY PSYCHIATRIC HOSPITAL CORP
VALLEY PSYCHIATRIC HOSPITAL CORP
Zoning & alternative use
A · Chattanooga, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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