7118 Garfield Rd Harrison, TN 37341
This exceptional 48-55 acre property presents a remarkable investment opportunity in Harrison, Tennessee. Located at 7118 Garfield Rd, 37341, this mostly level, cleared land offers unparalleled potential for diverse development. Its agricultural and residential zoning allows for a variety of uses, from a new residential subdivision to a private estate. Situated in the heart of Harrison, this land enjoys convenient proximity to Ooltewah and Chattanooga, Tennessee, benefiting from the rapid growth and increasing demand for housing in these thriving communities. The property's strategic location near major employment centers, including the Volkswagen Plant and an Amazon Distribution Center, further enhances its appeal to potential homeowners. Future residents will appreciate easy access to amenities such as Cambridge Square in Ooltewah for shopping and dining, and Harrison Bay for recreational activities like fishing and boating. Priced under $25,000 per acre, this land represents an exceptional value for developers and individuals seeking a substantial property in a desirable location. The property's size and location make it ideal for both large-scale development projects and the creation of a spacious private retreat. This is a truly unique opportunity to acquire a significant land holding in a rapidly growing area of Hamilton County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.