5860 Tn-153 Chattanooga, TN 37343
- Land
- 644 SF
Current Use by Public Records
- Land
Property Details for 5860 Tn-153
- Year built
- 1950
- Property size
- 644 SF
- Property type
- Land
Description
This exceptional 33,748 sq ft commercial land parcel in Chattanooga, Tennessee, presents a compelling investment opportunity. Located on Highway 153, this property boasts 244 feet of road frontage, offering unparalleled visibility and accessibility. Currently zoned R-4, the site presents numerous development possibilities. The property includes a 644 sq ft, single-story home built in 1950 and renovated in 2020, currently used as a rental. Note that the home is sold "as is" and viewings are contingent upon an acceptable offer. An adjacent lot with additional Highway 153 frontage is also available. The property's strategic location next to the Crye-Leike Plaza further enhances its value and potential. The asking price is $495,000, translating to $768.63 per square foot. Access for land viewing is available from the Crye-Leike Plaza parking lot. APN: 091P B 013. This is a rare opportunity to acquire a highly desirable commercial property in a thriving Chattanooga location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2477
- Latitude
- 35.1613
