A nearly 28-acre industrial tract with access to key roads is on the market in Hixson.
The parcel sits in front of the DuPont/Invista/Kordsa plant on North Access Road.
With a sale price of $3.2 million, the property is valued at $124,998 per acre, according to Russell P. Elliott, a commercial real estate broker for Pointe Commercial Real Estate.
The site consists of an existing parking lot and ball fields in front of Kordsa, which makes nylon fiber used in tire cord fabric, ropes, belts and hoses.
In 2017, Kordsa bought the site's manufacturing operations of Invista, which bought the plant in 2004 from DuPont, which made nylon 6,6 polymer. At DuPont's peak more than four decades ago, it was one of the city's biggest employers with more than 5,000 workers.
In the summer of 2016, Invista said production of its nylon 6,6 polymer would be shifted to two other facilities in South Carolina and Canada.
DuPont announced in late 2015 it was closing the last of its operations at the plant. About 40 workers, including 26 employees and 14 contractors, lost their jobs.
Staff photo by C.B. Schmelter / Ballfields are seen at 4463 North Access Road on Tuesday, May 19, 2020 in Chattanooga, Tenn.ABOUT THE SITE
* Location: 4463 N. Access Road* Sale price: $3.2 million* Size: 27.75 acres* Zoning: M-1* More information: Russell P. Elliott of Pointe Commercial Real Estate