Estimated payment $831/month
Prime opportunity in Collegedale next to Southern Adventist University!
4363 University Drive offers a total of 1.9 acres, and GIS mapping indicates it is zoned R-2 and located within the City of Collegedale. Build your dream home or design a rental-income property with excellent investment potential. Buyers should verify with the city what size home or duplex could be built on this land. The seller has a survey and soil test on file and was told the land perked, though a septic permit was never applied for.
The gently sloping acreage rises from the road and provides a flexible, open canvas with plenty of room to build. A city sidewalk along the University Drive frontage leads directly to SAU, making this a premium location for students or families connected with the University—just a short walk or bike ride away. With convenient access to I-75, shopping and dining at Cambridge Square/Ooltewah, area SDA and public schools, and numerous recreational amenities, the location is ideal in the heart of Collegedale. The Summit Softball Complex, city pickleball courts, greenway concrete walking trails, Veterans Park, Imagination Station Playground, Biology Trail hiking/biking system, and the public library are all less than five minutes away. It has also been stated that the City of Collegedale may issue Airbnb permits for qualifying properties within city limits—buyers should verify current regulations and requirements. Overall, this property offers an excellent opportunity for those seeking a spacious homesite or a versatile investment option. Feel free to visit and walk the land anytime, and contact the City of Collegedale Building & Zoning Department to confirm building options and ask development-specific questions.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $494 | $22,100 | $0 | $0 |
| 2023 | $837 | $22,100 | $0 | $0 |
| 2022 | $802 | $22,100 | $0 | $0 |
| 2021 | $802 | $22,100 | $0 | $0 |
| 2020 | $781 | $17,700 | $0 | $0 |
| 2019 | $781 | $17,700 | $0 | $0 |
| 2018 | $712 | $17,700 | $0 | $0 |
| 2017 | $712 | $17,700 | $0 | $0 |
| 2016 | $483 | $0 | $0 | $0 |
| 2015 | $785 | $11,675 | $0 | $0 |
| 2014 | $1,149 | $0 | $0 | $0 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/04/2025 12/04/25 | Pending | -- | -- | -- | |
| 12/02/2025 12/02/25 | For Sale | $145,000 | +88.3% | -- | |
| 03/13/2015 03/13/15 | Sold | $77,000 | +2.7% | $59 / Sq Ft | View Prior Sale |
| 02/13/2015 02/13/15 | Pending | -- | -- | -- | |
| 12/22/2014 12/22/14 | For Sale | $75,000 | -- | $58 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,000 | First Choice Title Inc | |
| Interfamily Deed Transfer | -- | None Available |
Wendy Dixon, is a licensed real estate professional serving Greater Chattanooga since 2006 and has achieved multi-million dollar producer status every year since her very first year. She is licensed in both Tennessee and Georgia. Daughter to a builder she was conducting Open Houses as young as 15 in his subdivisions, she early on had a passion for real estate. Owning and managing up to 27 rental units at a time, project management experience in both commercial and residential building, and
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Source: Greater Chattanooga REALTORS®
MLS Number: 1524717
APN: 151I-A-011
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