8620 N Hickory Valley Rd Chattanooga, TN 37416
- Commercial real estate
- 3.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 8620 N Hickory Valley Rd
- Lot size
- 3.50 lot acres
- Property type
- Commercial real estate
Description
This exceptional 3.5-acre mixed-use property, located at 8620 N Hickory Valley Rd, Chattanooga, TN 37416, presents a remarkable investment opportunity for developers and builders. The land, encompassing three combined lots (8620, 8624, and 8628 N Hickory Valley Rd), is situated behind a Mapco on Highway 58, offering high visibility and convenient access. The asking price is $415,000. According to the seller, permitted uses are diverse and include single-family, two-family, and multi-family residential; professional, medical, or dental offices; banks; and daycare centers, among other possibilities. Prospective buyers are responsible for conducting their own due diligence, including surveys, environmental assessments, zoning verification, building permit verification, usage confirmation, and school zone verification. The property's zoning classification is C-3. This prime location and flexible zoning make this a highly attractive opportunity for a variety of development projects. The land is priced at $0/sq ft, reflecting the significant potential for development. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area of Chattanooga. Act quickly to secure this exceptional investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.160483347853
- Latitude
- 35.106586012638
