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Rare Industrial Land Opportunity
For Sale
$1,795,000

1556 Riverside Drive, Chattanooga, TN 37406

Industrial land near downtown Chattanooga with income-generating billboards.

Property Size4 SF
Lot Size4.40 Acres
Price / SF$448,750
Days on Market134

Property Features for 1556 Riverside Drive

General Information

Standard status Active
Size 4 SF
Lot size 4.40 Acres
Property subtype Land
Listing Agency: CBRE - Chattanooga
Listed By: Russell Elliott · License #215403
Source: Cbre
Added: Mar 25 Changed: Jul 6 Last Checked: Aug 4 at 8:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Chattanooga

Investment Insights

Based on property information with market context.

This approximately 4.4-acre industrial land site is located just east of Downtown Chattanooga, near the intersection of Amnicola Highway and Wilcox Blvd. The site offers approximately 3.21 acres of usable space. Its proximity to major transportation routes makes it suitable for manufacturing or warehousing. Two billboards are located on the site, and the purchase price includes these billboards, which generate an income of $21,000 per month.

Key Highlights

  • Billboard income of $21,000/month included in purchase price.
  • ±3.21 AC of usable industrial land.
  • Rare industrial land site in a thriving market.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Auto Repair Shop Big Box & Wholesale Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,521
Businesses Nearby

Demographics for 37406, TN

12,422
Population
5,894
Households
2.1
Avg Household Size
36
Median Age
16%
College-Educated
85%
High-School Grad
12.1 sq mi
ZIP Area
1,027
Density / Sq Mi
$42,993
Median Household Income
$31,076
Median Earnings
$944
Median Rent
$150,300
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - Industrial land near downtown Chattanooga with income-generating billboards.
Where is this industrial land located?
The property is located at 1556 Riverside Drive Chattanooga, TN.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Billboard income of $21,000/month included in purchase price.; ±3.21 AC of usable industrial land.; Rare industrial land site in a thriving market.
More about this property
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