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2642 S Broad St - Vacant Land

0.41 Acres of Commercial Land Offered at $1,204,849 CAD in Chattanooga, TN 37408

Investment Highlights

  • Near new South Broad Development!
  • High traffic counts will only increase with new economic plan
  • Great Opportunity for Exponential Growth

Executive Summary

Land for Sale | Prime Location on Broad Street near Publix, Lookouts Stadium, and The Bend Development | Opportunity Zone
Seize the opportunity to own a piece of the dynamic and rapidly transforming Broad Street in Chattanooga, TN. This 0.41-acre vacant parcel is perfectly positioned between Broad Street and Cowart Street, offering nearly 100 feet of frontage along bustling Broad Street.
Situated across from one of Chattanooga's largest vacant industrial areas, this site spans all the way to the interstate, Tennessee River, and Moccasin Bend. A game-changing development is on the horizon, with the City recently approving a new baseball stadium for this 100+ acre site, serving as the catalyst for over $1 billion in new investments. (See links and videos for more details.)
The neighboring parcel to the south features charming, historic brick buildings at the corner of W 27th Street, while the parcel to the north is also vacant. With potential for a basement or below-grade parking, this lot offers versatile development options.
Located in the Southside Gardens area, this neighborhood is primed for redevelopment, with local developers planning new single-family and multifamily homes on nearby vacant lots.
A new Publix just a mile south has already sparked growth along the S. Broad corridor and with a Food City also opened a mile north. The location provides excellent connectivity with easy access to Hwy 27 and I-24, where recent updates to the I-24 exits, including Broad Street, accommodate the growing traffic. This ensures smooth access for interstate travelers, nearby neighborhoods like St. Elmo, and downtown Chattanooga.
The property is also near the River Walk's Chestnut Street Trailhead, major attractions like Rock City and Ruby Falls, outdoor recreation, dining, entertainment venues, and multiple interstates (I-75, I-24, I-59).
Chattanooga's renowned EPB offers Gig-speed internet, and this area is part of the nation’s first community-wide 25 Gig service. With endless potential for live, work, and play, 2642 Broad Street is an investment in the future!

More links to visit:
https://www.wdef.com/hamilton-county-approves-south-broad-stadium-development/
https://www.local3news.com/local-news/270-million-worth-of-development-coming-to-south-broad-with-new-lookouts-stadium/article_7d6e3dbe-18e8-11ed-91c0-f39518db1cbd.html
https://www.southbroad.info/
https://www.southbroad.info/the-deal
https://www.thebendchattanooga.com/
https://youtu.be/jLUM7iVD32s
https://youtu.be/WvrKNTbtkbw

Property Facts

Price $1,204,849 CAD
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units
Total Lot Size 0.41 AC
Opportunity Zone Yes

1 Lot Available

Lot 155C B 01

Price $1,204,849 CAD
Price Per AC $2,938,657 CAD
Lot Size 0.41 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
155C-B-011
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$72,570 CAD

zoning

Zoning Code UGC & R3
UGC & R3
  • Listing ID: 33285617

  • Date on Market: 2024-09-24

  • Last Updated:

  • Address: 2642 S Broad St, Chattanooga, TN 37408

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