Jennavie Basora

7306 Igou Gap Road

Chattanooga, TN
$ 1,500,000 Beds 3 Baths 2 Sq 1,500
Monthly Estimate* How much can I afford?

INVESTOR & DEVELOPER ALERT! Prime commercial property just steps from Gunbarrel Road--one of Chattanooga's busiest and most rapidly developing corridors. Located on desirable Igou Gap Road, this property includes a 3-bedroom, 2-bath structure offering immediate income potential or a solid footprint for redevelopment. Zoned for commercial use and surrounded by thriving retail, dining, and medical businesses, this is a strategic site for office, retail, or multi-use projects. Expansion opportunity: An adjoining lot may also be available for purchase upon request. Properties with this level of visibility, access, and flexibility are rarely available--position your next investment for success here!

Active

  • Price
  • $ 1,500,000
  • City
  • Chattanooga
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HAMILTON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.87 Acres
  • Zip
  • 37421
  • Sqr Footage
  • 1,500
  • Year Built
  • 1946
  • Taxes
  • $ 1378
  • Style
  • Ranch
  • MLS#
  • 3510308
Listed By: Compass Group Realty LLC;
Data Source: Listing courtesy of RealTracs MLS as distributed by MLS GRID

Features

General

Living Area 1500
Sewer Public Sewer
Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities Electricity Available,Water Available
Possession Negotiable
Roof Asphalt
Appliances Refrigerator,Microwave,Gas Range,Dishwasher
Garage Spaces 2
Architectural Style Ranch
Security Features Smoke Detector(s)
Construction Materials Wood Siding
Year Built 1946
Stories Count 1
Topography Level,Cleared,Private,Other
Levels Three Or More
County Hamilton County,TN
New Construction No
Property Type Residential
Attached Garage No
Subdivision Name Pine Terr
Garage Y/N Yes
Full Baths 2
Status Active
Buyer Financing Other,Conventional
Directions I-75 S to Shallowford Road,Right on Gunbarrel Rd,Right on Igou Gap,property located behind AT&T store on the Left.
High School Ooltewah High School
City Chattanooga
Senior Community Y/N No
Lot Size Units Acres
Elementary School East Brainerd Elementary School
Year Built Details Existing
Tax Annual Amount 1378
Middle/Junior High School Ooltewah Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active

Interior Features

Interior Amenities Ceiling Fan(s),Open Floorplan,High Speed Internet
Basement Crawl Space,None
Flooring Wood,Vinyl
Air Conditioning Y/N Yes
Heating Y/N Yes
Laundry Features Electric Dryer Hookup,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Parking Features Detached,Driveway,Gravel
Lot Features Level,Cleared,Private,Other
Water Source Public
Total Parking 2
Lot Size Area 0.87
Building Area Total 1500
Lot Dimensions 150X252
Lot Size Acres 0.87
Lot Size Source Agent Calculated
Waterfront Y/N No
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Lewisburg, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School East Brainerd Elementary School
Middle School Ooltewah Middle School
High School Ooltewah High School

Price History

8/12/2026 Listed $1,500,000

Property vs Zip Code Average in 37421

Price
AVG $480K
$1.5M
Taxes
AVG $2,660
$1,378
Year Built
AVG 1986
1946
Visits
AVG 32
6
Data Provided by Inside Real Estate®

Areas That We Cover

7306 Igou Gap Road Chattanooga, TN is a Single Family Home for sale at $1500000 with 1500 sqft and a lot size of 0.87 Acres Acre(s). 7306 Igou Gap Road Chattanooga has 3 bedrooms, 2 baths and was built in 1946. The property's zip code is 37421 which is in Chattanooga, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jennavie Basora

Jennavie Basora

Affiliate Broker

931-212-8482

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