$850,000

Estimated payment $4,888/month

Total Views 4,528
0.41 Acre
$2,073,171 Price per Acre
17,860 Sq Ft Lot

Highlights

  • 0.41 Acre Lot
  • No HOA
  • Rectangular Lot

About This Lot

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. The front of the lot is zoned UGC and R3 in the back half.

Situated across from one of Chattanooga's largest vacant industrial areas. 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 $1 BILLION in new investments.

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. It is also located in the Opportunity Zone.

A new Publix just a mile south has already sparked growth along the S. Broad corridor, with a Food City also opening 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.

Listing Agent

Lila Brock

Keller Williams Realty License #378413 Listed on: 03/04/2025

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,315

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 88.75 x 255
  • Rectangular Lot
  • Few Trees
  • Property is zoned R-3

Schools

  • Battle Academy Elementary School
  • Orchard Knob Middle School
  • Howard School Of Academics & Tech High School

Utilities

  • No Utilities
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Vaughns Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 155c B 011

Property Details

Property Type

Land

Est. Annual Taxes

$2,315

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.41
  • Lot Size: 88.75 X 255
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Vaughns Addn
  • Directions: If coming from Hwy 75, Get on I-24 W towards Chattanooga, Follow I-24 W to TN-58 S/Market St. Take exit 178 from I-24 W, Take W 25th St to Broad St, Turn left onto Broad St, the destination will be on your left at 2624 Broad Street Chattanooga, TN 37408.
  • Location Tax and Legal Parcel Number2: 155c B 011
  • Location Tax and Legal Elementary School: Battle Academy
  • Location Tax and Legal Middle Or Junior School2: Orchard Knob Middle
  • Location Tax and Legal High School: Howard School of Academics & Tech
  • Location Tax and Legal:Tax Annual Amount: 2315.45
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Lot Size Acres: 0.41
  • General Property Information Lot Size Square Feet2: 17859.6
  • General Property Information Lot Size Dimensions: 88.75 X 255
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • Water Source:Public: Yes
  • General Property Information Senior Community YN2: No
  • General Property Information Flood Zone YN2: No
  • Location Tax and Legal Zoning2: R-3
  • Location Tax and Legal Zoning Description2: Residential Apartment/Townhouse District
  • Utilities None28: Yes
  • Sewer None27: Yes
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Development, Investment, Mixed Use, Multi-Family, Office, Residential, Retail

Exterior Features

  • Lot Features: Few Trees, Rectangular Lot
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Lot Features:Rectangular Lot: Yes
  • Lot Features:Few Trees: Yes

Utilities

  • Sewer: None
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Battle Academy
  • High School: Howard School of Academics & Tech
  • Middle Or Junior School: Orchard Knob Middle

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Additional Parcels: No
  • Parcel #: 155c B 011
  • Zoning Description: Residential Apartment/Townhouse District
  • Zoning: R-3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2315.45

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $1,154 $51,600 $0 $0
2023 $1,154 $51,600 $0 $0
2022 $1,154 $51,600 $0 $0
2021 $1,154 $51,600 $0 $0
2020 $1,385 $50,080 $0 $0
2019 $1,385 $50,080 $0 $0
2018 $1,267 $50,080 $0 $0
2017 $1,385 $50,080 $0 $0
2016 $1,169 $0 $0 $0
2015 $2,261 $42,280 $0 $0
2014 $2,261 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $850,000 0.0% --
02/28/2025 02/28/25 Off Market $850,000 -- --
09/24/2024 09/24/24 For Sale $850,000 -- --
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $83,000 Pioneer Title Agency Inc
Warranty Deed $30,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $29,692 Unknown
Previous Owner $80,000 Unknown
Previous Owner $31,109 Purchase Money Mortgage
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1500546

Greater Chattanooga REALTORS®

APN: 155C-B-011