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 Features
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (423) 664-1900
Lot Features
Lot Information:
Lot: Few Trees, Rectangular Lot
Lot Size: 0.41 Acres
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $850,000
Tax Information:
Annual Amount: $2,677
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Battle Academy
1601 Market St
Distance between this listing and this school0.89 miles
Public Magnet Grades PK-5
3
/10
Calvin Donaldson Elementary School
927 W 37th St
Distance between this listing and this school1.03 miles
Public Magnet Grades PK-5
3
/10
Brown Academy
718 E 8th St
Distance between this listing and this school1.61 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Chattanooga Charter School of Excellence Middle School
1912 S Willow St
Distance between this listing and this school2.19 miles
Public Charter Grades 6-8
5
/10
Chattanooga Preparatory School
1849 Union Ave
Distance between this listing and this school2.36 miles
Public Charter Grades 6-8
3
/10
East Lake Academy
2700 E 34th St
Distance between this listing and this school2.62 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
The Howard School
2500 Market St
Distance between this listing and this school0.41 miles
Public District Grades 9-12
7
/10
Chattanooga School for The Arts and Science Upper School
865 E 3rd St
Distance between this listing and this school2.11 miles
Public District Grades 6-12
6
/10
Chattanooga Girls Leadership Academy
1802 Bailey Ave
Distance between this listing and this school2.35 miles
The neighbors living near this home have an average income of $11,395. The majority of Chattanooga, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2642 Broad St
What is the listing price of this property?
The listing price of 2642 Broad St property is $850,000.
What type of property is this?
The property 2642 Broad St is land located in Chattanooga, Tennessee, 37408.
Is this property for sale now?
Active Listing: 2642 Broad St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,677 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 13, 2011 for $83,000. (source: MLS/tax record).
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This home is located at 2642 Broad St in Chattanooga, TN and zip code 37408 in the South Broad neighborhood. This home sits on a 0.41 acre lot. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $850,000.
In October 2024 more than 54 listings in Chattanooga, TN were sold above the asking price. During the same period more than 108 listings were sold at asking price, while more than 181 were sold below. In October 2024 in Chattanooga, TN there were 0.3% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $329,348, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.