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8012 Shallowford Rd is aland property for lease in Chattanooga, TN. The property currently has 1 land for lease and is marketed by Re/Max Renaissance Realtors.
This 13.37 acres is made up of two parcels. One parcel contains 4.95 acres and includes most of the top of the hill and some portions of the hillside. The second parcel contains 8.42 acres and includes most of the hillside and most of the Shallowford Road frontage. The 8.42 acre portion is in a conservation easement and has development restrictions to it.
The 4.95 acres is priced at $200,000 per acre. The 8.42 acre is priced at $23,753 per acre. The parcels can be bought independent of each other. Potentially a development could go on the 4.95 acre parcel and then use the 8.42 acre to enhance the development as an amenity.
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- Joseph V Williams, agent and Rofo Pro