Property profile

5400 Tn-153 Chattanooga, TN 37343

OFF-MARKET
Retail properties & Spaces
2.35 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Retail properties & Spaces
Lot 2.35 ac (102,366 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5400 Tn-153 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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