2642 Broad St Chattanooga, TN 37408

$850,000
0.4 acres
Land

Property details

About 2642 Broad St

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. The front of the lot is zoned UGC and R3 in the back half. Situated across from one of Chattanooga's largest vacant industrial areas. 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 $1 BILLION in new investments. 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. It is also located in the Opportunity Zone. A new Publix just a mile south has already sparked growth along the S. Broad corridor, with a Food City also opening 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, outdoor recreation, dining, entertainment venues, and multiple interstates (I-75, I-24, I-59). Chattanooga's renowned EPB offers Gig-speed internet, and this area is part of the nation's first community-wide 25 Gig service. With endless potential for live, work, and play, 2642 Broad Street is an investment in the future.

Highlights

Home typeUnimproved Land
StatusActive
Lot size0.41 Acres
MLS #1500546

Summary

  • MLS Number: 1500546
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Keller Williams Realty
  • Office Phone: (423) 664-1900
  • Office Email: matthew.gann@kw.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 7:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$850,000

2642 Broad St

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Price information

Property sales

DateEventPrice
Apr 13, 2011
Home Sold
$83,000
Jun 06, 2001
Home Sold
$30,000

Tax history

YearAssessmentProperty Tax
2023$51,600$1,154
2022$51,600$1,154
2021$51,600$2,498
2020$50,080$2,482
2019$50,080$1,384
2017$50,080$1,384

History based on county public records data.

Nearby schools

4

Battle Academy

Public Magnet PK-5

0.9 mi

1601 Market St

3

Calvin Donaldson Elementary School

Public Magnet PK-5

1.0 mi

927 W 37th St

3

Brown Academy

Public Magnet PK-5

1.6 mi

718 E 8th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $11,395. Residents of Chattanooga, TN typically earn less than $<35k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

88%
<35k
10%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

84%
Single, No Kids
6%
Single, with Kids
5%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
14%
18-34 yrs old
48%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • NBA/WNBANBA/WNBA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • StarbucksStarbucks

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • PontiacPontiac

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Frequently asked questions

About 2642 Broad St

This home is located at 2642 Broad St in Chattanooga, TN and zip code 37408 in the South Broad neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $850,000.

Over 31 listings were sold over their listed price in January 2025 in Chattanooga, TN. In the same period over 163 listings were sold below the listed price and 66 listings were sold for the listed price. Between December and January 2025, Chattanooga, TN real estate market has seen decrease in the number of listings by 0.8%. While the average time on the market in January 2025 was 54 days, the median list price was $330,891.

From Rocket Homes Real Estate and based on county public records data.

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