Property profile

6026 Middle Vly Rd Chattanooga, TN 37343

OFF-MARKET
Land
Property ID
US80-1377403
7.75 ac lot
Entity Owned 3-yr Hold
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 7.75 ac (337,590 SF)
UPID US80-1377403

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6026 Middle Vly Rd Chattanooga, TN 37343
Chattanooga metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
3 recorded transactions
2023
$705,000
2022
Price N/A
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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