For Sale
$449,000

713 Airport RdChattanooga, TN 37421

Prime 1-acre corner lot, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1-acre commercial lot, located at the intersection of Airport Road and Pinehurst Avenue in Chattanooga, Tennessee (APN: 148P D 005), presents a unique redevelopment opportunity. Situated less than a mile from the Chattanooga Metropolitan Airport's main terminal and 1,500 feet from the new West Star Aviation terminal, this Class A property benefits from its prime location within Chattanooga's rapidly expanding Airport District. Zoned C-2 Commercial, the lot is ready for immediate redevelopment. The area boasts significant growth, with 44 property transactions in the last three years. This corner lot offers potential for larger-scale development, adjacent to 5 acres of vacant land. The Chattanooga City Council is actively promoting the Airport District Plan, aiming to enhance this area's appeal. Recent investments include a $28 million terminal expansion (summer 2024) and a $25 million parking deck addition (three years prior). The property's strategic location provides easy access to major transportation arteries: Hwy 53 (over 50,000 cars daily) and I-75 (over 100,000 cars daily). Proximity to Enterprise South Industrial Park (home to Volkswagen and Amazon) and the Hamilton Place retail district further enhances its appeal. The asking price is $449,000, representing a price per acre of $449,000. Currently vacant, the property was previously leased, with the lease expiring in November 2024. This presents a compelling investment opportunity in Chattanooga's highest-growth area.

Highlights

  • 1-acre commercial lot in Chattanooga, TN (APN: 148P D 005), at Airport Rd & Pinehurst Ave intersection.
  • Prime location in Chattanooga's Airport District, less than a mile from the Chattanooga Metropolitan Airport.
  • C-2 Commercial zoning, ready for immediate redevelopment.
  • $449,000 asking price ($449,000/acre); vacant lot, previously leased (lease expires November 2024).
  • High-traffic area: near Hwy 53 (50,000+ cars daily) and I-75 (100,000+ cars daily); adjacent to 5 acres of vacant land.

Property Details for 713 Airport Rd

Property type
Retail properties, Office properties
Class
A
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.027769402956
Longitude
-85.195779208101
713 Airport Rd, Chattanooga, Tennessee

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713 Airport Rd
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