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308 W 47th St, Chattanooga, TN 37410

Two commercial lots available for lease near St. Elmo.

Space Size204,732 SF
Lot Size2.70 Acres
Days on Market767

Property Features for 308 W 47th St

General Information

Standard status Active
Size 204,732 SF
Lot size 2.70 Acres
Property subtype Land

Building Details

Tenancy Single

Spaces For Lease

at 308 W 47th St Contact us

Available Space

Size
204,732 SF
Type
Land
Availability
Active
Contact us
Listing Agency: Keller Williams Realty Greater Downtown
Listed By: Jeremy Parker · License #TN 321116
Source: Crexi
Added: Jul 26, 2024 Changed: Aug 26 Last Checked: Aug 30 at 10:14PM

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 Keller Williams Realty Greater Downtown

Investment Insights

Based on property information with market context.

Two separate lots are available for lease, situated just behind St. Elmo on W 31st St. Parcel 1 encompasses 2.7 acres and is primarily fenced in and completely paved, featuring 3 gated entrances. Parcel 2 is a 1.7-acre gravel lot, fully fenced in and located at the bottom of the 2.7-acre parcel. The lease terms are for 12 months only, with a bilateral 6-month option to extend. The vacant office building on site is not included in the lease but could be negotiated separately. The lots are available together or separately but cannot be further subdivided. The lease rate is $1,500 per acre per month.

Key Highlights

  • Prime Location: Situated directly behind St. Elmo on W 31st St.
  • Substantial Acreage: Total of 4.4 acres with a 2.7‑acre paved lot and 1.7‑acre gravel lot.
  • Secure and Ready: Both lots are fully fenced with gated entrances.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Hair Salon Big Box & Wholesale Store HVAC Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 37410, TN

4,082
Population
1,893
Households
2.2
Avg Household Size
33
Median Age
10%
College-Educated
65%
High-School Grad
3.0 sq mi
ZIP Area
1,361
Density / Sq Mi
$22,127
Median Household Income
$28,967
Median Earnings
$695
Median Rent
$133,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two commercial lots available for lease near St. Elmo.
Where is this commercial land located?
The property is located at 308 W 47th St Chattanooga, TN.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: Prime Location: Situated directly behind St. Elmo on W 31st St.; Substantial Acreage: Total of 4.4 acres with a **2.7‑acre paved lot** and 1.7‑acre gravel lot.; Secure and Ready: Both lots are fully fenced with gated entrances.
More about this property
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