4320 Bonny Oaks Drive, Chattanooga, TN 37416

Property Description

4320 Bonny Oak Drive positioned in the heart of Chattanooga, this property presents a compelling development opportunity with strong visibility, flexible zoning, and significant land assemblage potential. The site includes more than 7 acres, with an the possible addition of approximately 5.95 adjoining acres, and offers approximately 267 feet of highway frontage. Current zoning includes RN 1-5 and C-N residential/commercial designations, supporting a range of potential residential, commercial, mixed-use, or office-oriented concepts, subject to applicable approvals. Existing improvements include a permitted 40' × 44' metal building and a 1,277 sq. ft. house that may be suitable for conversion to office or project support use. The property benefits from proximity to significant regional infrastructure, located approximately 0.5 miles from Highway 153, 0.3 miles from a fire station, and 3.1 miles from Enterprise South. Traffic exposure is a key advantage. The Highway 153 / Bonny Oaks interchange carries approximately 70,000 to 75,000 vehicles per day, while Bonny Oaks Drive averages approximately 15,000 to 20,000 vehicles per day. These roadways function as a major Chattanooga bypass connecting Interstate 75 to Highway 58 and Hixson, placing the site along one of the highest-volume state-route corridors in Hamilton County. With frontage, acreage, zoning versatility, existing structures, and access to major transportation corridors, the property is well positioned for a developer seeking a strategically located Chattanooga infill or corridor redevelopment opportunity. The 7-acre offering is listed at $1,200,000, while the full estimated 13.1-acre assemblage is listed at $2,000,000. This includes the Byrd Avenue property with additional parcel of land.