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617 Shallowford Rd Chattanooga, TN 37411-1404

OFF-MARKET Commercial land Google Maps
5,194 SF 1 ac lot Built 1960
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$315k
Range $284k – $347k (±10%)
Property ID US80-1803115

Property summary

AI-generated overview

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

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1960
Total area 5,194 SF
Lot 1 ac (43,560 SF)
Zoning code C2
APN 147H K 031
UPID US80-1803115

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2025
2 recorded transactions
2025
$60,000
1996
Price N/A

Zoning & alternative use

C2 · Chattanooga, TN

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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