Property profile

0 Tn-153 Chattanooga, TN 37343

OFF-MARKET
Land
1.3 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Tn-153 Chattanooga, TN 37343
Chattanooga metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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