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Property profile & analytics
OFF-MARKET
Land

5720 Hixson Pike Chattanooga, TN 37343

1,536 SF 2.44 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.44-acre commercial land parcel is strategically located on Hixson Pike in Chattanooga, Tennessee, boasting unparalleled visibility and high traffic counts. The property enjoys a prominent position on Hixson Pike, experiencing over 25,000 vehicles per day, and benefits from additional traffic exposure from Middle Valley Road, with over 13,000 vehicles per day. The site is zoned C-2, offering a wide range of development possibilities. Included is an existing approximately 1,536 square foot office building/showroom, providing immediate potential for use or redevelopment. Ample space is available for parking or outdoor display, enhancing the property's versatility. The lot size is approximately 2.44 acres, with roughly half an acre situated outside the floodplain. The asking price is $700,000, translating to $455.73 per square foot. This prime location presents a tremendous opportunity for investors and businesses seeking high visibility and accessibility in a thriving Chattanooga market. The property's address is 5720 Hixson Pike, Chattanooga, TN 37343, within Hamilton County.

Property profile
Verified
Property type Land
Total area 1,536 SF
Lot 2.44 ac (106,286 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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