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Lee Highway Frontage Corner Lot

7528 Lee Hwy, Chattanooga, TN 37421

For Sale
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Corner lot with frontage on Lee Highway and Walker Road.

Property SizeContact for details
Lot Size0.56 Acres
Days on Market1044

Property Features for 7528 Lee Hwy

General Information

Standard status Active
Lot size 0.56 Acres
Property subtype Land
Listing Agency: KW Commercial Chattanooga - Downtown
Listed By: Brockman Missel · License TN #358225
Source: Crexi
Added: Jan 2, 2024 Changed: Nov 8 Last Checked: Nov 10 at 7:12AM

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

Rey
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Investment Insights

Based on property information with market context.

This property includes two parcels: one located at 7528 Lee Hwy, comprising approximately 0.21 acres, and another at 2719 Walker Rd, consisting of approximately 0.35 acres. The Walker Rd parcel generates a rental income of $800 per month. The Lee Hwy parcel generates income from a billboard. The property benefits from its location with approximately 115 feet of frontage on Lee Highway. Traffic counts are approximately 9,000 AADT on Lee Highway, approximately 100,000 AADT on I-75 at the exit, and approximately 6,000 AADT on Walker Road at Standifer Gap. The property is located less than a quarter mile from Silverdale Private School.

Key Highlights

  • High traffic location: +\/- 100,000 AADT on I‑75 exit
  • Lee Hwy Frontage: +\/- 115 FT
  • Income generation: $800/month rental income from 2719 Walker Rd

Property Analytics

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Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Pharmacy Restaurant 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.

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

Demographics for 37421, TN

51,686
Population
23,978
Households
2.2
Avg Household Size
40
Median Age
38%
College-Educated
92%
High-School Grad
31.7 sq mi
ZIP Area
1,630
Density / Sq Mi
$79,958
Median Household Income
$44,452
Median Earnings
$1,313
Median Rent
$299,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Chattanooga

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Frequently Asked Questions

What type of property is this?
Commercial land - Corner lot with frontage on Lee Highway and Walker Road.
Where is this commercial land located?
The property is located at 7528 Lee Hwy Chattanooga, TN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: High traffic location: +\/- 100,000 AADT on I‑75 exit; Lee Hwy Frontage: +\/- 115 FT; Income generation: $800/month rental income from 2719 Walker Rd
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