153 Hwy Chattanooga, TN 37343
This exceptional 0.539-acre commercial land parcel presents a remarkable investment opportunity in Chattanooga, Tennessee. Strategically located on Highway 153 in Hixson, this property boasts 153 feet of highly visible road frontage, offering unparalleled exposure to a significant volume of daily traffic. The R-4 zoning designation unlocks a diverse range of development possibilities, catering to various commercial ventures. The property's prime location is further enhanced by its proximity to the new Hawthorne at Hixson Apartment Development, situated directly across Highway 153, indicating a thriving and expanding neighborhood. This presents a unique chance to capitalize on the area's growth trajectory. An adjacent lot is also available for purchase, increasing the total road frontage to an impressive 397 feet, providing even greater development potential. This combined acreage offers a substantial opportunity for a large-scale commercial project or the development of multiple smaller businesses. The property's location and zoning make it an ideal site for a variety of commercial uses, ensuring a strong return on investment. Serious inquiries are encouraged to explore this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.