2407 Elam Ln Chattanooga, TN 37421

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.