713 Airport- LOT Rd | Chattanooga, TN 37421
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713 Airport- LOT Rd
Chattanooga, TN 37421
1 Acre | Corner Lot | Near CHA Airport · Land For Sale · 1.00 AC
Investment Highlights
- Situated less than a mile from the main airport terminal
- 1,500 feet from the new West Star Aviation terminal
Executive Summary
Located at the intersection of Airport Road and Pinehurst Avenue, this 1-acre level lot offers an exceptional redevelopment opportunity. Situated less than a mile from the main airport terminal and just 1,500 feet from the new West Star Aviation terminal, this property is ideally positioned in Chattanooga’s rapidly growing Airport District.
Key Features:
Zoned C-2 Commercial: Ready for redevelopment.
Strategic Location: Close proximity to Chattanooga Metropolitan Airport, Enterprise South Industrial Park (home to Volkswagen and Amazon), and the Hamilton Place retail district.
Thriving Area: With 44 property transactions in the last three years, this district is experiencing significant growth.
Potential Expansion: Adjacent to 5 acres of vacant land, providing potential for larger-scale development with prime corner access.
The Chattanooga City Council, particularly Councilperson Carol Berz, is actively pushing for the Airport District Plan, which aims to transform this area into an attractive gateway for the city. In the summer of 2024, Chattanooga celebrated the 28 million dollar terminal expansion and three years ago celebrated the 25 million dollar parking deck addition. Chattanooga and their leaders plan to continue investing in this area.
Just a northeast of the property, Hwy 53 carries more than 50,000 cars per day. Easy access to and from I-75, which carries more than 100,000 cars per day.
The land is currently leased to a tenant whose lease expires in November 2024.
This is a unique opportunity to invest in Chattanooga’s highest growth area, with easy access to major industrial and retail hubs.
Key Features:
Zoned C-2 Commercial: Ready for redevelopment.
Strategic Location: Close proximity to Chattanooga Metropolitan Airport, Enterprise South Industrial Park (home to Volkswagen and Amazon), and the Hamilton Place retail district.
Thriving Area: With 44 property transactions in the last three years, this district is experiencing significant growth.
Potential Expansion: Adjacent to 5 acres of vacant land, providing potential for larger-scale development with prime corner access.
The Chattanooga City Council, particularly Councilperson Carol Berz, is actively pushing for the Airport District Plan, which aims to transform this area into an attractive gateway for the city. In the summer of 2024, Chattanooga celebrated the 28 million dollar terminal expansion and three years ago celebrated the 25 million dollar parking deck addition. Chattanooga and their leaders plan to continue investing in this area.
Just a northeast of the property, Hwy 53 carries more than 50,000 cars per day. Easy access to and from I-75, which carries more than 100,000 cars per day.
The land is currently leased to a tenant whose lease expires in November 2024.
This is a unique opportunity to invest in Chattanooga’s highest growth area, with easy access to major industrial and retail hubs.
PROPERTY FACTS
1 Lot Available
Lot
Price | $449,000 | Lot Size | 1.00 AC |
Price Per AC | $449,000 |
Price | $449,000 |
Price Per AC | $449,000 |
Lot Size | 1.00 AC |
PROPERTY TAXES
Parcel Number | 148P-D-005 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $54,920 |
PROPERTY TAXES
Parcel Number
148P-D-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$54,920
zoning
Zoning Code | C-2 |
C-2 |
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