Property profile

1526 Boy Scout Rd Hixson, TN 37343

OFF-MARKET
Drive through restaurants
Property ID
US80-0604008
320 SF 1.3 ac lot Built 2004
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1.03-acre commercial land parcel presents a remarkable development opportunity in the thriving Hixson, Tennessee market. Situated on a cul-de-sac off Prestige Lane, this property enjoys convenient access to major thoroughfares, including Highway 153 and Highway 27 (approximately 2 miles away), and is within close proximity to the Northgate regional shopping area (3 miles) and Downtown Chattanooga (10 miles). Its strategic location also offers easy access to Interstate 75 (10 miles). The property is zoned C3 General Commercial, allowing for a diverse range of uses, including retail, office, auto sales, hotels, restaurants, car washes, and light manufacturing. The parcel's address is 1526 Boy Scout Rd, Middle Valley, TN 37343, and its APN is 091 056.08. The asking price for this exceptional opportunity is $629,000. Please note that some portions of the property may fall within a FEMA-designated flood zone. An adjacent, larger parcel (6+ acres) is also available for purchase separately at 6802 Prestige Lane. This presents a unique chance to acquire a significant land holding in a rapidly growing area. Serious inquiries are encouraged.

Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2004
Total area 320 SF
Lot 1.3 ac (56,628 SF)
Zoning code GB
APN 091 058.08
UPID US80-0604008

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Car Dealership

Location

1526 Boy Scout Rd Hixson, TN 37343-2536
Hixson metro Census 10431 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2020
Last sale
$577,000
3 recorded transactions
2020
$577,000
2001
Price N/A
1997
$42,000

Zoning & alternative use

GB · Hixson, TN

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1526 Boy Scout Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message