TN-28

Dunlap TN 37327

26 ac.

Other

Last sold for $950,000

Raymond Murphy, last sold this property on 29 May 2026 after -3 days on market.

Overview

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.

Features

26 ac. lot size

Other

Estimated Value

Based on this property and similar other properties sold in Dunlap over the last 12 months, the estimated median property value of TN-28 is $347k.

Median value

$347k

Estimated value range

$65.19k - $1.05m

Median days on market

Estimated value trend

28%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Dunlap. 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 TN-28

2026

Sold

$950,000

29 May 2026 by Raymond Murphy, of The Wings Group, LLC

2019

Sold

$70,250

04 Mar 2019 by William Kelly, of George Hamilton Real Estate and Management Co.

2016

Sold

$64,000

27 Nov 2016 by Jane Griswold

Happy sellers in Dunlap

We have insufficient information to provide an overview of customer satisfaction for Dunlap. Viewing the agent profiles, reviews and sales for Dunlap can provide insights for this location.