Land For Sale • 3.83 AC
±4.11-Acre Commercial Development Opportunity Two-parcel assemblage totaling approximately 4.11 acres along Lee Highway in Chattanooga. Established Lee Highway Location Positioned directly along Lee Highway with approximately ±37,000 AADT in front of the property, providing substantial exposure along the commercial corridor. Former Mobile Home Park Provides Existing Site Infrastructure A significant portion of the acreage was previously operated as a mobile home park, with utilities already serving the site, providing infrastructure that may support future redevelopment. Utilities at the Property Existing utility service is present on the site. Buyers should independently verify utility locations, capacities, connection requirements, and suitability for their proposed development. Immediate Redevelopment Opportunity The property is being offered for redevelopment and provides a buyer the opportunity to begin evaluating development plans immediately, subject to zoning, permitting, engineering, floodplain requirements, and other governmental approvals. Existing Commercial Improvements The property includes an existing 3,600 SF commercial building on the ±0.28-acre parcel, in addition to smaller improvements located throughout the larger parcel. Existing Office & Service Configuration The primary commercial building currently provides finished office/reception areas together with service/shop space and overhead-door access, offering potential interim or continued use while future plans are evaluated. Two-Parcel Assemblage The offering combines a ±3.83-acre parcel and ±0.28-acre parcel, creating approximately ±4.11 contiguous acres. Asking Price: $3,904,000 Approximately $950,000 per acre, based on the ±4.11-acre combined site.
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Lovell Field | 6 min | - | 1.6 mi |