2407 Elam Ln Chattanooga, TN 37421-2171
Property profile & analytics
2407 Elam Ln Chattanooga, TN 37421-2171
- Commercial land
- 2.70 lot acres
Property ID
US80-1067007
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 2407 Elam Ln
- Lot size
- 2.70 lot acres
- Zone code
- C4
- Property type
- Commercial land
- APN
- 149H A 019.04
- APU
- 149HA01904
Description
This exceptional 2.7-acre commercial land parcel presents a unique investment opportunity in Chattanooga, Tennessee's dynamic Hamilton Place Mall retail district. Located at 2407 Elam Lane, this property boasts a prime location directly off Interstate 75 at Shallowford Road, offering unparalleled accessibility and visibility. The site is part of The Village at Waterside, a successful 22.8-acre retail development already home to established businesses such as Publix, Embassy Suites, REI Co-op, and Orange Theory Fitness. This strategic positioning ensures high traffic volume and exposure to a substantial consumer base. The property is already graded and equipped with utilities, significantly reducing development costs and timelines. Zoned C-4, this land offers considerable flexibility for a wide range of commercial developments. The surrounding area has experienced robust growth, with a 12% population increase in the past decade, indicating a strong and expanding market. This presents a compelling opportunity to capitalize on the area's continued success and build a thriving commercial venture. The asking price for this exceptional property is $2,464,000. Don't miss this chance to secure a prime piece of Chattanooga real estate in a high-demand location. The property is situated in Hamilton County, Tennessee, with a zip code of 37421.
Value Estimations
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1504
- Latitude
- 35.0452
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,104
$0.00
$0.00
$541,000
-
$1,352,500
$0.00
$1,352,500
