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    5400 Tn-153 Chattanooga, TN 37343

    For Sale
    $3,200,000

    2.35 Acres, Site-Ready, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 2.35-acre parcel presents a rare opportunity for retail development in Hixson, Tennessee. Located at 5400 TN-153, this site-ready land boasts a highly desirable C2 zoning designation, making it ideal for a variety of retail uses. Its prime location on Highway 153 places it within the highest retail corridor north of the Tennessee River in Chattanooga, ensuring exceptional visibility and accessibility. The property benefits from its strategic position between established retail giants such as Lowe's and Home Depot, and its proximity to the former Kmart location further underscores its potential for significant foot traffic and customer draw. This is a truly unique opportunity to acquire a highly sought-after retail site in a thriving market. The property's 2.35 acres offer ample space for development, allowing for flexibility in design and build-out. The asking price for this exceptional property is $3,200,000. Don't miss this chance to secure a premier location in one of Chattanooga's most dynamic retail areas. The address is 5400 TN-153, Hixson, TN 37343, situated in Hamilton County. This is the number one retail location north of downtown Chattanooga.

    Property Features for 5400 Tn-153

    General Information

    Property type
    Individual retail properties
    Lot Size
    102,366 SF

    HighLights

    • $3,200,000 asking price.
    • 2.35‑acre retail land parcel.
    • C2 zoning.
    • Site‑ready, high‑profile location on TN‑153 in Hixson, TN (Chattanooga MSA).
    • Located between Lowe's, Home Depot, and a former Kmart.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2457455
    Latitude
    35.1362099

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    FAQs

    What type of property is this?
    Individual retail property - 2.35 Acres, Site-Ready, High Traffic
    Where is this individual retail property located?
    The property is located at 5400 Tn-153 Chattanooga, TN.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: $3,200,000 asking price.; 2.35-acre retail land parcel.; C2 zoning.
    (423) 280-6890
    Request Owner's contact information
    5400 Tn-153 Chattanooga, TN 37343
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5400 Tn-153 Chattanooga, TN 37343
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