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626 M L King blvd - 1+ Prime Acres Near UTC 1.1 Acres of Commercial Land Offered at $1,999,000 in Chattanooga, TN 37403
Investment Highlights
- Walkable to UTC Campus
- Prime Development Opportunity
- Close to Downtown
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,999,000 | Lot Size | 1.10 AC |
| Price Per AC | $1,817,272.73 |
| Price | $1,999,000 |
| Price Per AC | $1,817,272.73 |
| Lot Size | 1.10 AC |
The zoning allows for a wide range of uses and building heights of approximately 3 to 6 stories, offering significant flexibility for redevelopment. 1.1 level acres.
Description
Over an acre of prime land just steps from UTC's campus, award-winning restaurants, and downtown Chattanooga. This is a rare opportunity to establish a presence along one of Chattanooga's fastest-growing corridors. The property's zoning and strategic location support a wide range of potential uses, including retail, student housing, townhomes, mixed-use development, and more. For buyers seeking a larger footprint, neighboring parcels with frontage along University Street are also available, creating a rare assemblage opportunity in the heart of downtown Chattanooga.
Property Taxes
| Parcel Number | 145E-F-014 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $425,960 |
Property Taxes
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626 M L King blvd - 1+ Prime Acres Near UTC
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