626 Martin Luther King Blvd - Commercial LAND FOR SALE


Chattanooga, TN 37403- Arts District35,284 SF
$1,620,000 USD
423-326-7878
626 Martin Luther King Blvd, Chattanooga, TN for Sale
$1,620,000 USD
Commercial LAND - FOR SALE
1/2
35,284 SF

626 Martin Luther King Blvd
Chattanooga, TN 37403
Arts District


HIGHLIGHTS

  • Heavy Daytime traffic

OVERVIEW

±0.81-Acre Urban Infill Opportunity Approximately 35,283 SF of land positioned along E Martin Luther King Boulevard in Chattanooga's urban core. Exceptional Proximity to UTC Strategically located immediately south of the University of Tennessee at Chattanooga, placing the site near a major concentration of students, faculty, staff, visitors, and ongoing university activity. Positioned for UTC's Continued Growth The property's proximity to the university creates a compelling long-term land position as UTC continues to grow its enrollment, campus footprint, housing, academic facilities, and surrounding activity. Strategic Downtown Chattanooga Location Located between the UTC campus and Chattanooga's broader downtown commercial, employment, residential, dining, and entertainment districts. Prominent MLK Boulevard Presence Approximately 149 feet along E Martin Luther King Boulevard, providing strong visibility and a substantial presence along the corridor. Large Urban Site At approximately 0.81 acres, the property offers meaningful scale for an infill site within the Downtown Chattanooga and UTC area. Redevelopment Potential The site's size, configuration, frontage, and urban location create an opportunity for a buyer to evaluate a range of future redevelopment strategies, subject to zoning, permitting, and governmental approvals. $2.0 Million Per Acre Asking Price Offered at $1,620,000, equating to approximately $2.0 million per acre or $45.91 per land SF. Additional Assemblage Opportunity Neighboring 618 E Martin Luther King Blvd is also available separately, providing qualified buyers the opportunity to assemble approximately 1.10 acres along the MLK corridor. Land. Location. Opportunity. A strategic opportunity to control a sizable urban parcel near UTC and Downtown Chattanooga in an area with significant institutional, residential, commercial, and redevelopment activity.

FOR SALE DETAILS

PRICE

$1,620,000 USD

PRICE/ACRE

$2,000,000/AC

PRICE/SF

$46 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

626 E MARTIN LUTHER KING BLVD, CHATTANOOGA

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.81 AC

LAND SF

35,284 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

Commercial

APN/PARCEL ID

145E F 014

ASK ABOUT THIS PROPERTY

Ashley MisselBrockman Missel GroupMore Info
423-326-7878

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Ashley MisselBrockman Missel GroupMore Info
423-326-7878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.