2642 Broad Street
$850,000
17,859 / 0.41
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.
- Listed by Lila Brock • Keller Williams Realty
Property Details for 2642 Broad Street
Zoning
R-3
WaterfrontNo
LISTING UPDATED: 09/27/2024 02:37 PM
Property Details for 2642 Broad Street
Status | Active |
---|---|
MLS # | 1500546 |
Days on Market | 70 |
Taxes | $2,315 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land / Unimproved Land |
Year Built | - |
Lot Size | 0.41 AC |
County | Hamilton County |
Building Information for 2642 Broad Street
Lot Size0.41 AC
Property Information for 2642 Broad Street
Property History for 2642 Broad Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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