617 Shallowford RdChattanooga, TN 37411
- Commercial land
- 5,194 SF
Property Details for 617 Shallowford Rd
- Year built
- 1960
- Lot size
- 1.00 AC
- Property size (Sq ft)
- 5,194 SF
- Zone code
- C2
- Property type
- Commercial land
- APN
- 147H K 031
- APU
- 147HK031
Description
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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,257,421
- Hospitality
- $1,151,791
- Educational
- $958,277
- Medical
- $991,233
- Retail
- $1,490,653
Location Insight
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Latitude
- 35.0383
- Longitude
- -85.2416
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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