7418 Igou Gap Rd Chattanooga, TN 37421

Property Details for 7418 Igou Gap Rd

Year built

1987

Lot size

1.00 lot acres

Property size

2,696 SF

Property type

Retail space

Property subtype

Storefront properties

Description

This exceptional commercial property presents a unique investment opportunity in Chattanooga, Tennessee. Located at 7418 Igou Gap Rd, this 1-acre parcel boasts a prime location, just one block from Gunbarrel Road and backing up to a thriving shopping center anchored by Target, Whole Foods, and Kohl's. The property includes a 2,696 square foot, two-story storefront building constructed in 1987. The building sits on a 1-acre lot zoned C5 Commercial, offering significant development potential. Its strategic location provides easy access to the I-75 corridor and East Brainerd Road, connecting to multiple East Brainerd neighborhoods. The high visibility and proximity to Hamilton Place Mall and Erlanger East Hospital make this an incredibly desirable location with dense commercial activity and established national brands. The asking price is $995,000, representing a land value of $995,000 per acre. The property is offered for sale by owner, and the owner is open to considering a ground lease. This is a rare chance to acquire a highly sought-after commercial property in a rapidly growing area of Chattanooga. The existing structure adds value, but the true potential lies in the C5 zoning and the property's exceptional location.