6026 Middle Vly Rd Chattanooga, TN 37343
This exceptional 7.75-acre property in Hixson, Tennessee presents a unique development opportunity. Located on Middle Valley Road, this gently sloping lot boasts a gated driveway and is partially cleared, offering a blend of privacy and accessibility. Situated near Hixson High School and bordered by established neighborhoods, Arbor Landing and Valley Brook, this land enjoys a peaceful setting on a low rise above Middle Valley Road and is conveniently located outside of a flood zone. The property is within easy reach of numerous amenities, including shopping centers, restaurants, bars, gyms, schools, and Erlanger Hospital North. Downtown Chattanooga is approximately a 20-minute drive. Utilities such as electricity, gas, and public water are readily available at the street. Zoned R-1, this versatile land offers significant potential for various development projects, including subdivisions, townhomes, multi-family dwellings, or office spaces. All development plans are subject to rezoning for the intended use and approval by the Chattanooga Planning Commission. The asking price is $1,400,000. While information is believed to be accurate, buyers are advised to independently verify all details.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.