Property profile

5720 Hixson Pike Chattanooga, TN 37343

OFF-MARKET
Land
1,536 SF 2.44 ac lot
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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

Location

5720 Hixson Pike Chattanooga, TN 37343
Chattanooga metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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