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Commercial Land with Existing Improvements
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618 E MARTIN LUTHER KING BLVD, Chattanooga, TN 37402

Commercial-zoned urban site with existing improvements adjacent to the University of Tennessee at Chattanooga.

Property Size1,913 SF
Price / SF$339.78
Days on Market18

Property Features for 618 E MARTIN LUTHER KING BLVD

General Information

Standard status Active
Size 1,913 SF
Property subtype Retail, Mixed Use, Land
Zoning Commercial

Building Details

Year Built 1968
Buildings 1
Stories 1
Units 2
Listing Agency: KW Commercial Chattanooga - Downtown
Listed By: Brockman Missel · License #AL 140916
Source: Crexi
Added: Aug 13 Changed: Aug 28 Last Checked: Aug 29 at 7:33AM

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 KW Commercial Chattanooga - Downtown

Investment Insights

Based on property information with market context.

This commercial land parcel contains approximately 0.29 acres, or 12,632 square feet, with approximately 1,913 square feet of existing improvements. The improvements date to 1968, while approximately 100 feet of frontage runs along E Martin Luther King Boulevard. The property’s primary offering is the land, with redevelopment identified as a central consideration.

The site is immediately adjacent to the University of Tennessee at Chattanooga and within Chattanooga’s downtown core. Its location provides connectivity between the UTC campus and central business, entertainment, residential, and employment districts. The property is available individually or may be considered alongside neighboring 626 E Martin Luther King Blvd as a larger assemblage.

Key Highlights

  • Approximately 0.29 acres, or 12,632 square feet, of commercial land
  • Approximately 100 feet of frontage along E Martin Luther King Boulevard
  • Includes approximately 1,913 square feet of existing improvements

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Home Appliance Store Carpet & Flooring Store Garden Center

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

4,429
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 93% Shops & Services 7%
Moxy Chattanooga Downtown Hotels & Casinos
10,917 visits/mo 0.5 miles
CubeSmart Self Storage Shops & Services
853 visits/mo 0.5 miles

Demographics for 37402, TN

4,464
Population
3,207
Households
1.4
Avg Household Size
38
Median Age
30%
College-Educated
86%
High-School Grad
1.3 sq mi
ZIP Area
3,434
Density / Sq Mi
$28,829
Median Household Income
$42,515
Median Earnings
$673
Median Rent
$460,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial-zoned urban site with existing improvements adjacent to the University of Tennessee at Chattanooga.
Where is this commercial land located?
The property is located at 618 E MARTIN LUTHER KING BLVD Chattanooga, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 0.29 acres, or 12,632 square feet, of commercial land; Approximately 100 feet of frontage along E Martin Luther King Boulevard; Includes approximately 1,913 square feet of existing improvements
More about this property
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