5810 Fisk AveChattanooga, TN 37421

  • Commercial land
  • 1.63 AC
For Sale
$425,000 View listing

Property Details for 5810 Fisk Ave

Lot size
1.63 AC
Zone code
M1
Property type
Commercial land
APN
148G G 005.03
APU
148GG00503

Description

This exceptional one-acre commercial property, located at 5810 Fisk Ave in Chattanooga, Tennessee (zip code 37421), presents a unique investment opportunity. The property, zoned M-1, offers 38,559 square feet of vacant land ideal for various industrial uses. Its strategic location provides easy access to Highway 153, enhancing its appeal for businesses requiring convenient transportation links. The asking price is $425,000. The property's surroundings feature a mix of established office and industrial businesses, creating a thriving commercial environment. This vacant land is ready for immediate development, offering significant potential for future growth and profitability. The property is currently vacant, allowing for complete customization to suit specific business needs. Hamilton County's robust economy and strategic location within Tennessee make this a compelling investment prospect. The property's size and zoning make it suitable for a range of industrial projects, from warehousing and distribution to light manufacturing. This is a rare opportunity to acquire a sizable, well-located industrial parcel in a growing market. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $17,189,198
    Hospitality
    $15,745,213
    Educational
    $13,099,832
    Medical
    $13,550,355
    Retail
    $20,377,516

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0387
Longitude
-85.1913
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
$786
-
-
$35,120
-
$87,800
-
$87,800

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