0 R 28, Dunlap, TN 37327 (MLS# 1535802)

0 R 28, Dunlap, TN 37327

$950,000
Property Type: Land Lot Size (sq. ft.): 1,132,560 Status: Closed
Current Price: $950,000 List Date: 5/31/2026 Last Modified: 5/31/2026

Overview

Description

Located in the heart of the Sequatchie Valley near Dunlap, this 26± acre tract offers a strong opportunity for both residential and commercial development and sits in the 2026 rural opportunity zone map. The property has 1,467 ft of Highway 28 frontage, providing convenient access while maintaining a quiet, rural setting that continues to draw growth from nearby Chattanooga. The land itself is well-suited for development, with a large portion in level pasture that transitions into a gently rolling hillside--offering flexibility for layout, views, and design. Utilities are already in place at the road, including sewer, water, electricity, and fiber, significantly reducing upfront infrastructure costs and timelines. Dunlap and Sequatchie County have seen increasing interest from developers and investors due to their combination of natural scenery, accessibility, and favorable development environment. The area benefits from a notably lower cost of living--approximately 15-20% low ...

Listing Details MLS# 1535802

General Property Information

Lot Size Acres
26
Lot Size Square Feet
1132560
Association YN
No
Senior Community YN
No
View YN
No
Waterfront YN
No
Flood Zone YN
Partial
List Price/Acre
36538.46
Sold Price/Acre
36538.46

Property Features

Listing Terms: Cash; Conventional; FHA; USDA Loan Lot Features: Greenbelt; Pasture; Rectangular Lot Other Structures: None Possession: Close Of Escrow Possible Use: Commercial; Development; Residential; Subdivision Road Frontage Type: State Road Road Surface Type: Paved Sewer: Public Sewer Utilities: Electricity Available; Sewer Available; Water Available; Underground Utilities Water Source: Public

Contract Information

Listing Contract Date
2026-05-29
Equitable Ownership Interest Listing
No
Auction YN
No
Property Sub Type
Farm
Office Exclusive
No

Location Tax and Legal

Street Name
R 28
County
Sequatchie
State
TN
Postal Code
37327
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Located in the heart of the Sequatchie Valley near Dunlap, this 26± acre tract offers a strong opportunity for both residential and commercial development and sits in the 2026 rural opportunity zone map. The property has 1,467 ft of Highway 28 frontage, providing convenient access while maintaining a quiet, rural setting that continues to draw growth from nearby Chattanooga. The land itself is well-suited for development, with a large portion in level pasture that transitions into a gently rolling hillside--offering flexibility for layout, views, and design. Utilities are already in place at the road, including sewer, water, electricity, and fiber, significantly reducing upfront infrastructure costs and timelines. Dunlap and Sequatchie County have seen increasing interest from developers and investors due to their combination of natural scenery, accessibility, and favorable development environment. The area benefits from a notably lower cost of living--approximately 15-20% lower than Chattanooga overall, with housing costs often 25-35% lower--while still being within a reasonable commuting distance. With infrastructure in place, usable topography, and a location in one of the region's growing corridors, this property presents a practical and well-positioned opportunity for development.

Status Change Information

Major Change Timestamp
2026-05-31T17:33:45Z
Major Change Type
Status Change
Status Change Timestamp
2026-05-31
Under Contract Date
2026-05-29
Close Date
2026-05-29
Close Price
950000

More Information

License Number Info

Listing Agent’s State of Licensure
TN
Listing Agent’s License Number
377018
Listing Office’s State of Licensure
TN
Listing Office’s License Number
263150

Location, Tax, and Legal

Parcel Number
063 00804 000
Elementary School
Sequatchie Elementary
Middle Or Junior School
Sequatchie Middle
High School
Sequatchie High
Tax Annual Amount
148.31
Tax Legal Description
Parcel number 063-008.04
Deed Book
403
Deed Page
197
Additional Parcels YN
No
Zoning
A-1
Zoning Description
Agricultural District

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
USDA Loan
Yes

Lot Features

Greenbelt
Yes
Pasture
Yes
Rectangular Lot
Yes

Other Structures

None
Yes

Possession

Close Of Escrow
Yes

Possible Use

Commercial
Yes
Development
Yes
Residential
Yes
Subdivision
Yes

Road Frontage Type

State Road
Yes

Road Surface Type

Paved
Yes

Sewer

Public Sewer
Yes

Utilities

Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes
Underground Utilities
Yes

Water Source

Public
Yes
Listing Office: The Wings Group
Last Updated: May - 31 - 2026
Information deemed reliable but not guaranteed.