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    Tn-153 Chattanooga, TN 37343

    Sponsored
    For Sale
    $275,000

    1.3 Acres, High Traffic, C-2 Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.3-acre commercial land parcel presents a prime investment opportunity in Chattanooga, Tennessee. Strategically located on Highway 153, this C-2 zoned property boasts a daily traffic count of 32,000 vehicles, ensuring high visibility and accessibility for any business. The lot's horseshoe shape offers versatile development potential. Its convenient location places it in close proximity to established retail giants such as Academy Sports and Kohl's department store, benefiting from the established customer base and foot traffic in the area. The property's address is on TN-153, Chattanooga, Hamilton County, TN 37343. The asking price for this remarkable opportunity is $275,000. Please note that any existing billboard structures are not included in the sale. This is a rare chance to establish a thriving business in a high-demand location with excellent visibility and accessibility. The property's latitude and longitude coordinates are 35.16747907, -85.24790194 respectively.

    Property Features for 0 Tn-153

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • 1.3‑acre commercial land parcel in Chattanooga, TN.
    • C‑2 zoning with 32,000 VPD on Highway 153.
    • Horseshoe‑shaped lot offering versatile development potential.
    • High visibility near Academy Sports and Kohl's.
    • Located at TN‑153, Chattanooga, Hamilton County, TN 37343.
    • Asking price: $275,000 (billboard structures excluded).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.24790194
    Latitude
    35.16747907

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    FAQs

    What type of property is this?
    Land - 1.3 Acres, High Traffic, C-2 Zoning
    Where is this land located?
    The property is located at Tn-153 Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: 1.3-acre commercial land parcel in Chattanooga, TN.; C-2 zoning with 32,000 VPD on Highway 153.; Horseshoe-shaped lot offering versatile development potential.
    (423) 667-6204
    Request Owner's contact information
    Tn-153 Chattanooga, TN 37343
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    Chattanooga, TN 37343
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tn-153 Chattanooga, TN 37343
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