7306 Igou Gap Road, Chattanooga, TN 37421 (MLS# 1540594)

7306 Igou Gap Road, Chattanooga, TN 37421

New Listing

$1,500,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,500 Lot Size (sq. ft.): 37,897 Status: Active

Current Price: $1,500,000 List Date: 8/12/2026 Last Modified: 8/12/2026

Overview

Description

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!

Listing Details MLS# 1540594

General Property Information

Bedrooms Total: 3
Stories: Yes
Bathrooms Total: 2
Bathrooms Full: 2
Above Grade Finished Area: 1500
Living Area: 1500
Living Area Source: Tax Records
Enhanced Accessible: No
Year Built: 1946
ADU YN: No
STVR YN: No
New Construction YN: No
Builder's Warranty YN: No
Home Warranty YN: No
Garage YN: Yes
Attached Garage YN: No
Garage Spaces: 2
Carport YN: No
Lot Size Acres: 0.87
Lot Size Square Feet: 37897.2
Lot Size Dimensions: 150X252
Association YN: No
View YN: No
Waterfront YN: No
Basement YN: No
Fireplace YN: No
Senior Community YN: No
Sign On Property YN: Yes
List Price/SqFt: 1000
Deed Book: 1912
Deed Page: 573
Bathrooms Half: 0

Property Features

Appliances: Dishwasher; Gas Range; Microwave; Range Hood; Refrigerator Architectural Style: Ranch Attic Features: None Basement: Crawl Space Community Features: Street Lights Construction Materials: Wood Siding Cooling: Ceiling Fan(s); Central Air; Electric Exterior Features: Private Yard Flooring: Hardwood; Vinyl Foundation Details: Block Heating: Central; Electric Interior Features: Ceiling Fan(s); High Speed Internet; Open Floorplan; Separate Dining Room; Tub/shower Combo Laundry Features: Electric Dryer Hookup; Laundry Room; Main Level; Washer Hookup Levels: One Listing Terms: Cash; Conventional Lot Features: Back Yard; Cleared; Front Yard; Level; Near Public Transit; Private Other Structures: Garage(s); Workshop Parking Features: Driveway; Garage; Garage Faces Side; Gravel; Kitchen Level; RV Access/Parking Patio And Porch Features: Front Porch Pool Features: None Possession: Negotiable Road Frontage Type: City Street; Interstate Access Within 5 Miles Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Asphalt; Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Special Listing Conditions: Standard Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected; Sewer Connected; Water Connected Water Source: Public Window Features: Aluminum Frames Lock Box Type: None Documents: Lead Based Paint Disclosure; Lead Based Paint Pamphlet; TN Prop Cond Disc or Exempt

Contract Information

Listing Contract Date: 2026-08-12
Auction YN: No
Equitable Ownership Interest Listing: No
Property Sub Type: Mixed Use
Office Exclusive: No

Location Tax and Legal

Street Number: 7306
Street Name: Igou Gap
Street Suffix: Road
County: Hamilton
State: TN
Postal Code: 37421
Subdivision Name: Pine Terr
MLS Area Major: Chattanooga

Remarks and Miscellaneous

Public Remarks: 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!
Directions: I-75 S to Shallowford Road, Right on Gunbarrel Rd, Right on Igou Gap, property located behind AT&T store on the Left.

Status Change Information

Major Change Timestamp: 2026-08-12T12:41:15Z
Major Change Type: New Listing
Status Change Timestamp: 2026-08-12

More Information

License Number Info

Listing Agent’s State of Licensure: TN
Listing Agent’s License Number: 294574
Listing Office’s State of Licensure: TN
Listing Office’s License Number: 266698

Location, Tax, and Legal

Parcel Number: 158d F 008
Elementary School: East Brainerd Elementary
Middle Or Junior School: Ooltewah Middle
High School: Ooltewah
Tax Annual Amount: 1378.28
Tax Legal Description: Lot Pt 11 & 12 Pine Terrace N/R
Additional Parcels YN: No

Appliances

Dishwasher: Yes
Gas Range: Yes
Microwave: Yes
Range Hood: Yes
Refrigerator: Yes

Architectural Style

Ranch: Yes

Attic Features

None: Yes

Basement

Crawl Space: Yes

Community Features

Street Lights: Yes

Construction Materials

Wood Siding: Yes

Exterior Features

Private Yard: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Back Yard: Yes
Cleared: Yes
Front Yard: Yes
Level: Yes
Near Public Transit: Yes
Private: Yes

Other Structures

Garage(s): Yes
Workshop: Yes

Possession

Negotiable: Yes

Road Frontage Type

City Street: Yes
Interstate Access Within 5 Miles: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Paved: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Foundation Details

Block: Yes

Parking Features

Driveway: Yes
Garage: Yes
Garage Faces Side: Yes
Gravel: Yes
Kitchen Level: Yes
RV Access/Parking: Yes

Security Features

Smoke Detector(s): Yes

Levels

One: Yes

Patio And Porch Features

Front Porch: Yes

Pool Features

None: Yes

Window Features

Aluminum Frames: Yes

Flooring

Hardwood: Yes
Vinyl: Yes

Heating

Central: Yes
Electric: Yes

Interior Features

Ceiling Fan(s): Yes
High Speed Internet: Yes
Open Floorplan: Yes
Separate Dining Room: Yes
Tub/shower Combo: Yes

Laundry Features

Electric Dryer Hookup: Yes
Laundry Room: Yes
Main Level: Yes
Washer Hookup: Yes

Roof

Asphalt: Yes
Shingle: Yes

Lock Box Type

None: Yes

Documents

Lead Based Paint Disclosure: Yes
Lead Based Paint Pamphlet: Yes
TN Prop Cond Disc or Exempt: Yes

Documents

Lead Based Paint Disclosure ›

TN Prop Cond Disc or Exempt ›

Listing Office: Compass Group Realty,LLC

Last Updated: August - 12 - 2026

Information deemed reliable but not guaranteed.