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5120 Tennessee 58, Chattanooga, TN 37416, USA 8.5 Acres of Commercial Land Offered at $2,568,875 CAD in Chattanooga, TN 37416
Investment Highlights
- Approx. 8.5-acre tract with ±740 feet of frontage on Highway 58.
- Strong traffic volume with nearly 32,000 vehicles per day and signalized access.
- Surrounded by new residential neighborhoods, luxury townhomes, and expanding retail presence.
- Zoned C-N, accommodating a variety of commercial development uses.
- Proximity to Volkswagen Chattanooga and Enterprise South Industrial Park supports employment-driven demand.
Executive Summary
The site offers a prime development opportunity with approximately 740 feet of frontage along the highly trafficked Highway 58 in Chattanooga. With a flexible land use potential, this parcel is well-suited for retail, restaurant, or mixed-use development.
Located on a signalized intersection, the property ensures excellent access and visibility, attracting strong daily traffic counts averaging nearly 32,000 vehicles per day. Its positioning near Volkswagen Chattanooga and Enterprise South Industrial Park places it within a robust employment corridor.
Surrounded by significant residential growth, luxury townhome projects, and expanding retail nodes, the property benefits from both immediate market demand and long-term population growth. High exposure, strong commuter flow, and a well-established retail presence provide synergy for prospective developers and investors.
Located on a signalized intersection, the property ensures excellent access and visibility, attracting strong daily traffic counts averaging nearly 32,000 vehicles per day. Its positioning near Volkswagen Chattanooga and Enterprise South Industrial Park places it within a robust employment corridor.
Surrounded by significant residential growth, luxury townhome projects, and expanding retail nodes, the property benefits from both immediate market demand and long-term population growth. High exposure, strong commuter flow, and a well-established retail presence provide synergy for prospective developers and investors.
Property Facts
| Price | $2,568,875 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.50 AC |
| Property Type | Land | ||
| Zoning | C-N - Commercial | ||
| Price | $2,568,875 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.50 AC |
| Zoning | C-N - Commercial |
1 Lot Available
Lot
| Price | $2,568,875 CAD | Lot Size | 8.50 AC |
| Price Per AC | $302,220.59 CAD |
| Price | $2,568,875 CAD |
| Price Per AC | $302,220.59 CAD |
| Lot Size | 8.50 AC |
Description
Vacant land located on Tennessee Highway 58 in Chattanooga with approximately 8.5 acres and around 740 feet of frontage. The parcel has signalized access and is zoned for neighborhood commercial uses. It is situated north of Chattanooga with nearby connectivity to major corridors and surrounded by residential and retail developments.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 120N-D-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $346,772 CAD |
Property Taxes
Parcel Number
120N-D-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$346,772 CAD
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5120 Tennessee 58, Chattanooga, TN 37416, USA
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