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Residential Land for Sale in Chattanooga, Tennessee

694 Gillespie Rd, Chattanooga, TN 37411

$20,000
0.15 acres
Active sale
ago
Est $174/mo

Rare opportunity for builders, investors, or future homeowners to acquire two adjacent, build-ready lots at $20k each 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. 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. Located just minutes from [insert key local destinations--downtown, shopping, dining, schools, or major roadways], the property combines convenience with a peaceful setting--an ideal balance for future homeowners. 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.

Location

Street address
694 Gillespie Rd
Community
Chattanooga
Elevation
790 feet
Coordinates
35.0328, -85.239

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

Property details

Lot size
0.15 acres6,534 sq ft
Zoning
R-1
MLS #
CAR 1532263
Posted

Property taxes

Recent
$17

Parcels

  • 147j Q 013

Legal description

Details and features

Listing

Type
Land
Zoning
Single-Family Residential District

Lot

Features
Level

Structure

Water
Public
Sewer
Private Sewer

Nearby schools

NameType
Woodmore ElementaryElementary
Dalewood MiddleMiddle
Brainerd HighHigh

Listing history

DateEventPriceChangeSource
Apr 10, 2026New listing$20,000CAR
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This 0.15-acre property is located at 694 Gillespie Rd in Chattanooga, TN 37411. The property is available for sale for $20,000.

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