Back 694 Gillespie Road
Off Market

694 Gillespie Road

Chattanooga TN 37411

0.15 ac.
Land
Last sold for $8,000
Corey BallewCorey Ballew, last sold this property on 17 August 2026 after -2 days on market.

Overview

Rare opportunity for builders, investors, or future homeowners to acquire two adjacent lots, build-ready lot 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. 696 Gillespie Rd is available as well. 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. 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.

Features

0.15 ac. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Chattanooga over the last 12 months, the estimated median property value of 694 Gillespie Road is $14k.

Median value
$14k
Estimated value range
$8k - $52k
Median days on market
69
Estimated value trend
-62%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Chattanooga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 694 Gillespie Road

2026
Sold
$8,000
17 Aug 2026 by Corey Ballew, of Real Broker, LLC

Happy sellers in Chattanooga

87%
87% of sellers in Chattanooga reported that their sale price either exceeded or met their price expectations.

Chattanooga stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Chattanooga over the last 12 months.

Local market activity for land plots in Chattanooga

In the last 12 months, 2 land plots similar to 694 Gillespie Road, have been sold.

This represents a 75% increase in land plots sales when compared to the previous 12 months.

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