2101 Broad StChattanooga, TN 37408

  • Industrial land
  • 0.13 AC
For Sale
$3,200,000 View listing

Property Details for 2101 Broad St

Lot size
0.13 AC
Zone code
M1
Property type
Industrial land
APN
145N B 002
APU
145NB002

Description

This exceptional investment opportunity encompasses four parcels totaling $3,200,000, strategically located in Chattanooga, Tennessee's vibrant South Broad District. The property boasts high visibility from major thoroughfares including I-24, Highway 27, and Broad Street, ensuring significant exposure for any development. The site includes several existing buildings, notably a warehouse with integrated office space, providing immediate potential for adaptive reuse or redevelopment. Access is convenient via Broad, 20th, and 21st Streets, further enhanced by an existing traffic signal at the Broad/21st Street intersection. This prime location benefits from proximity to substantial residential density, with two nearby apartment/condo complexes totaling 311 units, creating a built-in customer base. Furthermore, the property is within easy reach of popular attractions and amenities such as Finley Stadium, the Chattanooga Market, Naked River Brewing, Southside Social, and numerous restaurants and retail establishments. This Opportunity Zone designation presents significant tax advantages for qualified investors. Developers seeking a high-impact project in a thriving urban core will find this a compelling proposition. The combined parcels offer a unique chance to shape the future of Chattanooga's dynamic South Broad District. This is a rare opportunity to acquire a substantial land holding with existing structures in a high-growth area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,342,395
    Hospitality
    $1,229,627
    Educational
    $1,023,035
    Medical
    $1,058,219
    Retail
    $1,591,388
2101 Broad St, Chattanooga, Tennessee

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0326
Longitude
-85.3144
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$497
-
-
$22,200
-
$55,500
-
$55,500

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].