3 beds1,500 sqft$1,000/sqft
7306 Igou Gap Rd, Chattanooga, TN 37421
Est: $7,739/moGet pre-approved

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:...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 UPDATED: 08/12/2026 08:53 AM

  1. Listed by Melody Smith • Compass Group Realty LLC

Property Details for 7306 Igou Gap Road

Status
MLS #
3510308
Days on Market
Listed Today
Taxes
$1,378 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential
Year Built
1946
Lot Size
0.87 AC / 37,897 SF
Architectural Style
Ranch
Subdivision Name
Pine Terr
Waterfront
No

Location

Listing Courtesy of Compass Group Realty LLC, Melody Smith (423.595.0199)
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Building Information for 7306 Igou Gap Road

Stories1Year Built1946Building Size-Lot Size0.87 AC / 37,897 SF

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$7,739 per month

30 year fixed, 6.55% Interest

Principal and Interest

$7,624

Property Taxes

$115

HOA Dues

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Property Information for 7306 Igou Gap Road

Summary
Location and General Information
  • Directions: I-75 S to Shallowford Road, Right on Gunbarrel Rd, Right on Igou Gap, property located behind AT&T store on the Left.
  • Elementary School: East Brainerd Elementary School
  • High School: Ooltewah High School
  • Levels: Three Or More
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Ooltewah Middle School
  • Mlg Can View: Yes
  • Topography: Level,Cleared,Private,Other
Parking
  • Garage Spaces: 2.00
  • Parking Features: Detached, Driveway, Gravel
  • Parking Total: 2.00
Taxes and HOA Information
  • Condo Coop Association YN: No
  • Tax Legal Description: Lot Pt 11 & 12 Pine Terrace N/R
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Wood, Vinyl
Lot Information
  • Additional Parcels: No
  • Lot Features: Level, Cleared, Private, Other
  • Lot Size Source: Agent Calculated
  • Lot Size Units: Acres
  • Parcel Number: 158D F 008
  • Lot Size Area: 0.87
Property and Assessments
  • Community Features: Street Lights
  • Construction Materials: Wood Siding
  • Documents Count: 2
  • New Construction: No
  • Possession: Negotiable
  • Security Features: Smoke Detector(s)
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Existing
Utilities
  • Basement: Crawl Space, None
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling: Yes
  • Electric: true
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Refrigerator, Microwave, Gas Range, Dishwasher
  • Fireplace: No
  • Interior Features: Ceiling Fan(s), Open Floorplan, High Speed Internet
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Window Features: Aluminum Frames
Exterior Features
  • Attached Garage: No
  • Covered Spaces: 2.00
  • Exterior Features: No Dock
  • Foundation Details: Block
  • Garage: Yes
  • Pool Private: No
  • Roof: Asphalt
  • View YN: No
Room Information
Room 1
  • Room Features: Separate
  • Room Type: Dining Room

Property History for 7306 Igou Gap Road

DateEvent & SourcePriceAppreciation
Aug 12, 2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1540594

$1,500,000
Aug 12, 2026

Listed (Active)

REALTRACS #3510308

$1,500,000
Jun 26, 2026

Listed (Active)

REALTRACS #3250425

$1,500,000
DateEvent & SourcePrice
08/12/2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1540594

$1,500,000
08/12/2026

Listed (Active)

REALTRACS #3510308

$1,500,000
06/26/2026

Listed (Active)

REALTRACS #3250425

$1,500,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7306 Igou Gap Road

Taxable ValueLand-Additions-Total-
Tax Record2025$606 ($51 / month)
Home Facts
Beds0Total Finished SqFt1,500 SqFtAbove Grade Finished SqFt1,500 SqFtStories1Lot Size37,800 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated1980ZoningR1CountyHAMILTONAPN158D F 008

Schools near 7306 Igou Gap Road

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
East Brainerd Elementary School
PublicPK to 5

Ooltewah Middle School
Public6 to 8

Ooltewah High School
Public9 to 12

Hamilton County Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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7306 Igou Gap Road is a single family home for sale in Chattanooga, TN 37421. This listing's school district is Hamilton County School District. Nearby schools include East Brainerd Elementary School, Ooltewah Middle School and Ooltewah High School. 7306 Igou Gap Road is a 3-bed, 2-bath, 1,500 sqft single family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Group Realty LLC, Melody Smith (423.595.0199)

Based on information submitted to the MLS GRID as of 08/12/2026 08:53 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.