694 Gillespie Road, Chattanooga, TN 37411
None · Hamilton County
Key Facts
Description
Rare opportunity for builders, investors, or future homeowners to acquire two adjacent lots, build-ready lot in a growing and highly desirable location. These level parcels provide an ideal foundation for efficient development, with public water and sewer available at the road--helping reduce both upfront costs and construction timelines. 696 Gillespie Rd is available as well. Perfectly suited for custom homes, spec builds, or a small infill development (buyer to verify zoning and permitted uses), this property offers flexibility and strong upside potential. The flat topography minimizes site work, allowing builders to move quickly from planning to construction. Ongoing growth and nearby development in the area further support long-term value and resale potential. Whether you're looking to build your dream home, develop multiple residences, or secure land in a high-demand area, these two parcels offer versatility and opportunity in one compelling package. Flexible seller financing available with 20% down and a 1-year term for qualified buyers--an excellent option for builders and investors seeking to move quickly without traditional lending delays. Opportunities like this are becoming increasingly rare--secure both parcels today before they're sold separately. Seller is a licensed real estate agent.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.15 acres
Lot Dimensions
63.06X108.5
Zoning
R-1
MLS® Listing#
1532263
Property Features
Exterior
Fencing
Lot Features
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Woodmore Elementary
- Middle:
- Dalewood Middle
- High:
- Brainerd High
Financial Details
HOA
None
Annual Taxes
$17
Parcel Number
147j Q 013
Directions
Take I-24 W, North Terrace and S Germantown Rd to Menlo St in Chattanooga 9 min (5.0 mi) Follow Menlo St to Gillespie Rd
Affordability Calculator
$2,400
Estimated monthly payment
$64/mo
Principal $9,600 · Est. interest $13,393 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chattanooga, TN
- $375,472
- Median Listing Price
- 67
- Median Days on Market
- 1,720
- Median Sq Ft
- $223
- Median Price / Sq Ft
- 1,848
- Active Listings
- This home’s price is 97% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chattanooga, TN.
Location
- 694 Gillespie Road, Chattanooga, TN 37411
Points of Interest in Chattanooga, TN
Showing the Chattanooga area map.
Nearby Schools
Woodmore Elementary School
Elementary · 0.8 mi away
Chatt Academy Community School
School · 0.8 mi away
Dalewood Middle School
Secondary · 1.1 mi away
Brainerd High School
Secondary · 1.2 mi away
Notre Dame High School
Secondary · 1.2 mi away
McCallie School
Secondary · 1.4 mi away
Brainerd Baptist School
School · 1.4 mi away
Brainerd Baptist Kindergarten
School · 1.4 mi away
Barger Elementary
Elementary · 1.4 mi away
Barger Academy
School · 1.5 mi away
Chattanooga Girls Leadership academy
School · 1.5 mi away
Tennessee Association of Christian Schools
School · 1.6 mi away
Calvary Independent Baptist Church
School · 1.7 mi away
Orchard Knob Elementary School
Elementary · 1.9 mi away
Church
School · 1.9 mi away
Our Lady of Perpetual Help Catholic Church
Elementary · 1.9 mi away
Belvoir Christian Academy
School · 2.0 mi away
Avondale Sda School
Secondary · 2.0 mi away
International Literacy Center
School · 2.1 mi away
Chattanooga Charter School of Excellence
School · 2.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 696 Gillespie Road, Chattanooga, TN | $12,000 | — | — | — |
| 1103 Centennial Drive, Chattanooga, TN | $14,000/mo | 5 | 6 | 5,902 |
| 1103 Centennial Drive, Chattanooga, TN | $14,000/mo | 5 | 6 | 5,902 |
| 3713 Cross Street, Chattanooga, TN | $15,000 | — | — | — |
| 4512 Cummings Highway, Chattanooga, TN | $15,000 | — | — | — |
| 3713 Cross Street, Chattanooga, TN | $15,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Chattanooga
Listing Courtesy: REAL Broker - 8445917325
Presented by: Corey Ballew