2642 Broad St Chattanooga, TN 37408
Southside NeighborhoodEstimated payment $4,888/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $83,000 | Pioneer Title Agency Inc | |
Warranty Deed | $30,000 | -- |
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: Greater Chattanooga REALTORS®
MLS Number: 1500546

APN: 155C-B-011
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