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$175,000

540 Central Avenue, Chattanooga, TN 37403

Land, Chattanooga, TN

Property SizeContact for details
Lot Size0.23 Acres
Days on Market1

Property Features for 540 Central Avenue

General Information

Property type Land
Property subtype Other
Zoning RN-1-3
Zoning description Residential Neighborhood Zone (Residential Lots 3, 000 + SqFt)
Subdivision Key & Richmond
Lot features Back Yard, City Lot, Front Yard, Near Public Transit, Rectangular Lot, Rolling Slope, Partially Cleared
Elementary school Orchard Knob Elementary
Middle school Orchard Knob Middle
High school Howard School of Academics & Tech
Directions From downtown Chattanooga take 3rd Street towards Central avenue and the lot will be on the left.
Standard status Active
APN 146a Q 039
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description PT LT K KEY RICHMOND & HART TRACT P B B6 PG 569
Tax Annual Amount 517
Legal Description PT LT K KEY RICHMOND & HART TRACT P B B6 PG 569

Utilities

Utilities Cable Available
Water source Public
Listing Agency: Zach Taylor - Chattanooga
Listed By: Grace Frank · License #305329
Added: Oct 29 Last Checked: Oct 29 at 7:06PM
MLS# 1545358

Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Property Analytics

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Suggested Use

Top Pick HVAC Service Bakery (Bike/Boat/Book/etc) Store Storage Facility Auto Parts Store Grocery & Convenience 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

2,125
Businesses Nearby

Demographics for 37403, TN

5,666
Population
2,394
Households
2.4
Avg Household Size
26
Median Age
49%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
3,333
Density / Sq Mi
$65,750
Median Household Income
$12,410
Median Earnings
$1,253
Median Rent
$444,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

Where is this land located?
The property is located at 540 Central Avenue Chattanooga, TN.
What is the asking price?
The asking price for this property is $175,000.
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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