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2642 S Broad St - Vacant Land 0.41 Acres of Commercial Land Offered at $850,000 in Chattanooga, TN 37408
Investment Highlights
- Near new South Broad Development!
- High traffic counts will only increase with new economic plan
- Great Opportunity for Exponential Growth
Executive Summary
Land for Sale | Prime Location on Broad Street near Publix, Lookouts Stadium, and The Bend Development | Opportunity Zone
Seize the opportunity to own a piece of the dynamic and rapidly transforming Broad Street in Chattanooga, TN. This 0.41-acre vacant parcel is perfectly positioned between Broad Street and Cowart Street, offering nearly 100 feet of frontage along bustling Broad Street.
Situated across from one of Chattanooga's largest vacant industrial areas, this site spans all the way to the interstate, Tennessee River, and Moccasin Bend. A game-changing development is on the horizon, with the City recently approving a new baseball stadium for this 100+ acre site, serving as the catalyst for over $1 BILLION in new investments. (See links and videos for more details.) The baseball stadium (Erlanger Park) is on track to open Spring 2026.
The neighboring parcel to the south features charming, historic brick buildings at the corner of W 27th Street, while the parcel to the north is also vacant. With potential for a basement or below-grade parking, this lot offers versatile development options.
Located in the Southside Gardens area, this neighborhood is primed for redevelopment, with local developers planning new single-family and multifamily homes on nearby vacant lots. In June 2025 a $22 million condo development broke ground at the corner of 26th and Cowart Street. This will be a four-story, 43-unit luxury condo building. Another $70 million development was just announced in July 2025 “The development will sit on roughly 4 acres bound by West 26th and 27th streets to the north and south and Williams and Cowart streets to the east and west. Plans for the site include 61 three-story units, split between 21 multiunit townhouses and 40 duplexes. A community with European-style touches and ample garden space.” These two developments will be directly behind our parcel.
In Summer 2025 it was announced that a "model mixed-use development" is planned at South Broad and 33rd Streets is to include a 100-room boutique hotel, 80,000 square feet of residential space, 60,000 square feet for office, 16,500 square feet for retail and a 13,000-square-foot food hall.
A new Publix just a mile south has already sparked growth along the S. Broad corridor, and a Food City also opened a mile north. The location provides excellent connectivity with easy access to Hwy 27 and I-24, where recent updates to the I-24 exits, including Broad Street, accommodate the growing traffic. This ensures smooth access for interstate travelers, nearby neighborhoods like St. Elmo, and downtown Chattanooga.
The property is also near the River Walk's Chestnut Street Trailhead, major attractions like Rock City and Ruby Falls, The Bend, outdoor recreation, dining, entertainment venues, and multiple interstates (I-75, I-24, I-59).
Chattanooga's renowned EPB offers Gig-speed internet, and this area is part of the nation’s first community-wide 25 Gig service. With endless potential for live, work, and play, 2642 Broad Street is an investment in the future!
More links to visit:
June 2025 Updates on Baseball Stadium:
https://www.timesfreepress.com/news/2025/jun/12/22m-condo-building-to-open-near-lookouts-stadium/
https://www.youtube.com/watch?v=aY4R8zftcjc
https://www.youtube.com/watch?v=5QLX64-xhWA
https://www.chattanoogan.com/2025/6/17/505050/Planning-For-Finley-Stadium-2.0-Is.aspx
Additional Information on Surrounding Growth:
https://www.timesfreepress.com/news/2025/jul/16/70m-southside-gardens-neighborhood-planned-near/
https://www.wdef.com/hamilton-county-approves-south-broad-stadium-development/
https://www.local3news.com/local-news/270-million-worth-of-development-coming-to-south-broad-with-new-lookouts-stadium/article_7d6e3dbe-18e8-11ed-91c0-f39518db1cbd.html
https://www.chattanoogan.com/2025/3/31/501505/Mixed-Use-Development-Planned-For-Broad.aspx
https://www.southbroad.info/
https://www.southbroad.info/the-deal
https://www.thebendchattanooga.com/
https://youtu.be/jLUM7iVD32s
https://youtu.be/WvrKNTbtkbw
Seize the opportunity to own a piece of the dynamic and rapidly transforming Broad Street in Chattanooga, TN. This 0.41-acre vacant parcel is perfectly positioned between Broad Street and Cowart Street, offering nearly 100 feet of frontage along bustling Broad Street.
Situated across from one of Chattanooga's largest vacant industrial areas, this site spans all the way to the interstate, Tennessee River, and Moccasin Bend. A game-changing development is on the horizon, with the City recently approving a new baseball stadium for this 100+ acre site, serving as the catalyst for over $1 BILLION in new investments. (See links and videos for more details.) The baseball stadium (Erlanger Park) is on track to open Spring 2026.
The neighboring parcel to the south features charming, historic brick buildings at the corner of W 27th Street, while the parcel to the north is also vacant. With potential for a basement or below-grade parking, this lot offers versatile development options.
Located in the Southside Gardens area, this neighborhood is primed for redevelopment, with local developers planning new single-family and multifamily homes on nearby vacant lots. In June 2025 a $22 million condo development broke ground at the corner of 26th and Cowart Street. This will be a four-story, 43-unit luxury condo building. Another $70 million development was just announced in July 2025 “The development will sit on roughly 4 acres bound by West 26th and 27th streets to the north and south and Williams and Cowart streets to the east and west. Plans for the site include 61 three-story units, split between 21 multiunit townhouses and 40 duplexes. A community with European-style touches and ample garden space.” These two developments will be directly behind our parcel.
In Summer 2025 it was announced that a "model mixed-use development" is planned at South Broad and 33rd Streets is to include a 100-room boutique hotel, 80,000 square feet of residential space, 60,000 square feet for office, 16,500 square feet for retail and a 13,000-square-foot food hall.
A new Publix just a mile south has already sparked growth along the S. Broad corridor, and a Food City also opened a mile north. The location provides excellent connectivity with easy access to Hwy 27 and I-24, where recent updates to the I-24 exits, including Broad Street, accommodate the growing traffic. This ensures smooth access for interstate travelers, nearby neighborhoods like St. Elmo, and downtown Chattanooga.
The property is also near the River Walk's Chestnut Street Trailhead, major attractions like Rock City and Ruby Falls, The Bend, outdoor recreation, dining, entertainment venues, and multiple interstates (I-75, I-24, I-59).
Chattanooga's renowned EPB offers Gig-speed internet, and this area is part of the nation’s first community-wide 25 Gig service. With endless potential for live, work, and play, 2642 Broad Street is an investment in the future!
More links to visit:
June 2025 Updates on Baseball Stadium:
https://www.timesfreepress.com/news/2025/jun/12/22m-condo-building-to-open-near-lookouts-stadium/
https://www.youtube.com/watch?v=aY4R8zftcjc
https://www.youtube.com/watch?v=5QLX64-xhWA
https://www.chattanoogan.com/2025/6/17/505050/Planning-For-Finley-Stadium-2.0-Is.aspx
Additional Information on Surrounding Growth:
https://www.timesfreepress.com/news/2025/jul/16/70m-southside-gardens-neighborhood-planned-near/
https://www.wdef.com/hamilton-county-approves-south-broad-stadium-development/
https://www.local3news.com/local-news/270-million-worth-of-development-coming-to-south-broad-with-new-lookouts-stadium/article_7d6e3dbe-18e8-11ed-91c0-f39518db1cbd.html
https://www.chattanoogan.com/2025/3/31/501505/Mixed-Use-Development-Planned-For-Broad.aspx
https://www.southbroad.info/
https://www.southbroad.info/the-deal
https://www.thebendchattanooga.com/
https://youtu.be/jLUM7iVD32s
https://youtu.be/WvrKNTbtkbw
Property Facts
| Price | $850,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.41 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | UGC & R3 - Residential | ||
| Price | $850,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.41 AC |
| Opportunity Zone |
Yes |
| Zoning | UGC & R3 - Residential |
1 Lot Available
Lot 155C B 01
| Price | $850,000 | Lot Size | 0.41 AC |
| Price Per AC | $2,073,170.73 |
| Price | $850,000 |
| Price Per AC | $2,073,170.73 |
| Lot Size | 0.41 AC |
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2642 S Broad St - Vacant Land
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