0.92 Acre Development Opportunity | Zoned R-2 | Sewer & Water Connected
Attention Developers and Investors! Rare opportunity to acquire nearly an acre of level, high-density land in the heart of NW Cleveland. Zoned R-2 (Low-Density Single and Multi-family), this parcel offers a ''By-Right'' path for duplex development. With approx. 40,075 SF of land, the site is ideally positioned for an 8-door (4-duplex) project without the risk of rezoning.
The property features 211 feet of road frontage and is exceptionally ''utility-ready'' with public sewer and water already connected at the site--saving significant time and capital in the development cycle. Located in a high-demand growth corridor just minutes from Cleveland State Community College, I-75, and major shopping.
Contingent
Price cut: $30K (3/17)
$320,000
1250 Norman Chapel Rd NW, Cleveland, TN 37312
3beds
1,447sqft
Est.:
Single Family Residence
Built in 1940
0.92 Acres Lot
$303,100 Zestimate®
$221/sqft
$-- HOA
What's special
- 36 days |
- 304 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 23, 2026 at 01:36pm
Listed by:
Emily A Wolf 512-363-0194,
Keller Williams Realty 423-664-1900
Source: Greater Chattanooga Realtors,MLS#: 1528655
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Central Air
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,447
- Total interior livable area: 1,447 sqft
- Finished area above ground: 1,447
Property
Parking
- Parking features: Driveway, Gravel, Paved
Features
- Levels: One
- Stories: 1
- Exterior features: None
Lot
- Size: 0.92 Acres
- Dimensions: 211 x 213
Details
- Parcel number: 041d E 02200 000
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Cleveland
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $226,800
- Annual tax amount: $1,278
- Date on market: 2/17/2026
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Estimated market value
$303,100
$288,000 - $318,000
$1,345/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/23/2026 | Contingent | $320,000$221/sqft |
Source: Greater Chattanooga Realtors #1528655 Report a problem | ||
| 3/17/2026 | Price change | $320,000-8.6%$221/sqft |
Source: Greater Chattanooga Realtors #1528655 Report a problem | ||
| 2/17/2026 | Listed for sale | $350,000+321.7%$242/sqft |
Source: Greater Chattanooga Realtors #1528655 Report a problem | ||
| 11/27/2006 | Sold | $83,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $56,700 +55.2% |
| 2024 | $526 | $36,525 |
| 2023 | $526 | $36,525 |
| 2022 | $526 -54.3% | $36,525 |
| 2021 | $1,152 +2.2% | $36,525 +24.6% |
| 2019 | $1,127 +2% | $29,325 |
| 2018 | $1,105 +0% | -- |
| 2017 | $1,105 +11.7% | -- |
| 2016 | $989 | -- |
| 2015 | $989 | -- |
| 2014 | $989 | -- |
| 2013 | -- | -- |
| 2011 | $756 | $23,025 |
| 2009 | $756 | $23,025 |
| 2008 | -- | $23,025 +11.8% |
| 2007 | $756 | $20,600 |
| 2006 | $756 | $20,600 |
| 2005 | $756 +14.4% | $20,600 +19.4% |
| 2004 | $661 | $17,250 |
| 2003 | $661 | $17,250 +14.7% |
| 2001 | -- | $15,041 -75% |
| 2000 | -- | $60,162 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,689/mo
Principal & interest
$1574
Property taxes
$115
More affordability tools
Climate risks
Neighborhood: 37312
Nearby schools
GreatSchools rating
- NADonald P Yates PrimGrades: PK-2Distance: 1.2 mi
- 4/10Cleveland Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- Elementary: E.L. Ross Elementary
- Middle: Cleveland Middle
- High: Cleveland High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 37312
- Tennessee
- Bradley County
- Cleveland
- 37312
- 1250 Norman Chapel Rd NW







