3301 Broad Street

Vacant Land for Sale
Catylist Listing ID: 30573559
Property Subtypes: Multi-Family, Office, Retail, Retail-Pad, Other
Gross Land Area: 1.58 Acres
Sale Price: $1,600,000
Unit Price: $1,012,658 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2020

Overview / Comments

• Traffic Counts: Broad Street - 21,383 VPD, 33rd Street - 2,123 VPD
• Signalized intersection
• New large residential development on St. Elmo within walking distance

The property consists of three tax parcels totaling 1.581± acres located at the south west corner of Broad Street and 33rd Street. Great development opportunity with 250’ of frontage. The property fronts South Broad Street, St. Elmo Avenue, and 33rd street. The terminus of the new Tennessee River Walk Extension is at the back of the property and will provide good foot-traffic for retail businesses, especially restaurants. This parcel is considered the last of two strategic corners to be developed on Broad St. There are 16 acres across the street that was recently purchased by a local developer who is planning a large mixed use development. There is a proposed site plan for this listing that I will be happy to share upon request.

Attachments & Media

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Tax ID/APN: 155G B 007
Zoning: UGC
Property Visibility: Excellent
Feet of Frontage: 227
Traffic/Vehicle Count: 22,822
Lot Frontage: 227
Lot Depth: 262
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,464 46,781 116,881
Median Age: 35.06 33.73 36.31
Households: 1,038 17,871 47,521

Contact

Photograph of Listing Agent

Robert Maclellan

NAI Charter Real Estate Corp. Greater Chattanooga REALTORS® Member
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