2642 Broad Street
Chattanooga, TN, 37408 $ 850,000
Baths0.0 Monthly Estimate*
$ 5,303
Studio for $850,000. The lot size is 0.41.
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. 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).
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FeaturesGeneralSewer None
Utilities Cable Available Electricity Available Natural Gas Available Phone Available Sewer Available Water Available
Possession Close Of Escrow
Zoning RN-3
Property Subtype Unimproved Land
Community Features None
County Hamilton
Property Type Land
HOA N
Subdivision Name Vaughns Addn
Possible Use Commercial Investment Mixed Use Multi-Family Residential Single Family
Other Structures None
Status Active
Directions Get on I-24 W: Head west on I-24 towards Chattanooga. Take Exit 178: Take the exit for TN-58 S/Market St. Turn Left: Turn left onto W 25th St (following Market St). Turn Left onto Broad: Make anot
High School Howard School of Academics & Tech
City Chattanooga
Senior Community Y/N N
Zoning Description Residential Neighborhood Zone
MLS Area Chattanooga
Lot Size Units Acres
Lot Size Square Feet 17859.6
Listing Terms Cash Conventional
Elementary School Battle Academy
Land Lease Y/N N
Tax Annual Amount 2315.45
Middle/Junior High School Orchard Knob Middle
Lease Renewal Y/N N
MLS Area Minor Chattanooga
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description Pt Lts 19 & 20 Vaughns Addn N/R
New Construction None
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ExteriorExterior Amenities None
Fencing None
Lot Features Partially Cleared
Water Source Public
Lot Size Area 0.41
Lot Size Acres 0.41
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type City Street
Other Equipment None
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $5,303
- Monthly Property Taxes
- $193
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Chattanooga, TN
Average List Price $365,307
Percent of Sale Price 57%
About Chattanooga, TN 184,934 Population
16% Since 2002
$ 44,682 Median Income
38.38 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
1547637 Elementary School
1547503 Middle School
Howard School of Academics & Tech High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/30/2025 | $850,000 | | Listed Price |