Property profile

153 Hwy Chattanooga, TN 37343

OFF-MARKET
Land
0.54 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.54 ac (23,479 SF)

Cap rate & NOI

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

Location

153 Hwy 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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