For Sale
$2,541,850

2815 Cummings HwyChattanooga, TN 37419

17.53 Acres, Chattanooga, TN

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 17.53-acre property boasts approximately 650 feet of prime Lookout Creek frontage, offering unparalleled development potential. Located just 10 minutes from downtown Chattanooga, this land presents a unique opportunity for a variety of uses, including commercial, residential, or recreational ventures. The flexible C-2 zoning allows for diverse development options, such as a campground, glamping resort, multifamily complex, or large-scale commercial/residential project. While currently situated within a 100-year flood zone (654' contour), a revised FEMA map is pending approval (estimated 2025), potentially adjusting the contour to 651.5'. Prior prohibitive easements have been removed, simplifying development. Utilities are readily available, with power, water, and natural gas accessible to the site. Furthermore, sewer expansion along Cummings Highway has been approved by Norfolk Southern. Note that approximately 3.82 acres of low-quality wetlands require mitigation through TVA. The asking price is $2,541,850, translating to $145,000 per acre. The property's Hamilton County APN is 154F C 001. This is a remarkable opportunity to acquire a significant tract of land with exceptional creek frontage and diverse development possibilities in a rapidly growing area. A 10-minute paddle down Lookout Creek leads to the Tennessee River. The property is located at 2815 Cummings Hwy, Chattanooga, TN 37419.

Property Details for 2815 Cummings Hwy

Property type
Land
Lot Size (sq. ft)
763,607 SF

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.022469
Longitude
-85.359396
2815 Cummings Hwy, Chattanooga, Tennessee

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2815 Cummings Hwy
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