2642 Broad Street

Chattanooga, TN 37408

$850,000
Price
17,859 / 0.41
Lot Size / Acres

Description

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...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.
  1. Listed by Lila Brock • Keller Williams Realty

Property Details for 2642 Broad Street

Zoning
R-3
Waterfront
No
LISTING UPDATED: 09/27/2024 02:37 PM

Property Details for 2642 Broad Street

StatusActive
MLS #1500546
Days on Market70
Taxes$2,315 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Unimproved Land
Year Built-
Lot Size0.41 AC
CountyHamilton County

Building Information for 2642 Broad Street

Lot Size0.41 AC

Property Information for 2642 Broad Street

Summary
Location and General Information
  • City: Chattanooga
  • County Or Parish: Hamilton
  • 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.
  • Latitude: 35.025928
  • Longitude: -85.317106
  • Postal Code: 37408
  • State Or Province: TN
  • Subdivision Name: Vaughns Addn
  • Location Tax Legal Info : Zoning: R-3
Taxes and HOA
  • Tax Legal Description: PT LTS 19 & 20 VAUGHNS ADDN N/R
  • Additional Parcels: No
  • Parcel Number: 155c B 011
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $2,315
School Information
  • Middle Or Junior School: Orchard Knob Middle
  • High School: Howard School of Academics & Tech
  • Elementary School: Battle Academy
Property
Lot Information
  • Lot Features: Few Trees, Rectangular Lot
  • Lot Size Dimensions: 88.75 X 255
  • Lot Size Acres: 0.41
  • Lot Size Square Feet: 17859.6
  • Lot Size Units: Acres
Property and Assessments
  • Property Type Label: Land
  • Floor Plans Count: 0
  • Property Type: Land
  • Property Sub Type: Unimproved Land
Utilities
  • Water Source: Public
  • Utilities: None
Interior and Exterior Features
Exterior Features
  • Senior Community: No
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0

Property History for 2642 Broad Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2642 Broad Street

Taxable ValueLand-Additions-Total-
Tax Record2023$1,154 ($96 / month)
Home Facts
Lot Size22,644 SqFtStyleCommercialZoningR3CountyHAMILTONAPN155C B 011

Schools near 2642 Broad Street

This home is within Hamilton County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Battle Academy for Teaching Learning
PublicPK to 5

Orchard Knob Middle School
Public6 to 8

The Howard School
Public9 to 12

Howard Connect Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2642 Broad Street is a 0.41 ac of land for sale in Chattanooga, TN 37408. This property was listed for sale on September 24, 2024 by Keller Williams Realty, it's currently listed at $850,000. It has been on the market for a total of 70 days and was last sold on April 8, 2011. This listing's school district is Hamilton County School District. Nearby schools include Battle Academy for Teaching Learning, Orchard Knob Middle School and The Howard School. 2642 Broad Street is a 0-bed, 0-bath, 0.41 ac of land on a 17,859 sq. ft. / 0.41 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Lila Brock (423.605.1450)

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