617 Shallowford Rd Chattanooga, TN 37411-1404
Property summary
This exceptional 0.31-acre commercial lot at 617 Shallowford Rd, Chattanooga, TN, presents a unique investment opportunity. Ideally located near the Tunnel Blvd intersection, this flat parcel offers unparalleled convenience and accessibility. Previously used as a daycare center, the property is currently zoned C5, providing a wide range of development possibilities for discerning entrepreneurs. Imagine transforming this space into a thriving public business with high visibility, a secure storage facility, modern office space, a well-equipped auto shop, or a specialized contractor's yard. The possibilities are virtually limitless. The site boasts easy access to essential utilities, significantly reducing development complexities and costs. Furthermore, its strategic location offers proximity to Chattanooga's airport, numerous medical facilities, and the vibrant downtown area, ensuring excellent connectivity and attracting a diverse clientele. This prime location is perfect for establishing a new business or expanding an existing one, capitalizing on the high traffic flow and strong local economy. Don't miss this chance to secure a valuable asset in a rapidly growing market. The asking price is $85,000.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C2 · Chattanooga, TNZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for C2 in Chattanooga, TN.
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