4848 Hixson Pike Chattanooga, TN 37343
- Land
- 2.48 lot acres
Current Use by Public Records
- Land
Property Details for 4848 Hixson Pike
- Lot size
- 2.48 lot acres
- Property type
- Land
Description
This exceptional 2.48-acre commercial land parcel, located at 4844 and 4848 Hixson Pike in Chattanooga, Tennessee, presents a remarkable investment opportunity. The property boasts over 240 feet of road frontage on Hixson Pike, offering unparalleled visibility and accessibility. Its strategic location at the signalized intersection of Hixson Pike and Highway 153 ensures high traffic counts, with approximately 27,201 vehicles daily on Hixson Pike and 46,241 on Highway 153. Multiple points of access, including direct access to Highway 153 via Greendale Way, enhance its appeal. The property comprises three separate tax parcels (APN: 110H D 049, 110H D 050, 110H D 051), all zoned C-2 (Convenience Commercial Zone), allowing for a wide range of development possibilities. These include retail, convenience stores, hotels, multifamily dwellings, medical facilities, medical office buildings, self-storage, and more. The strong demographics within a 5-mile radius, featuring a population exceeding 82,000 and an average household income of $82,195, further solidify the property's potential. The asking price is $2,600,000. Proximity to Chattanooga Airport (15 minutes) and downtown Chattanooga (17 minutes) adds to its strategic value. This is a rare opportunity to acquire a highly visible, well-located commercial land parcel in a thriving Chattanooga market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chattanooga
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.2461
- Latitude
- 35.1283
