Property profile

1711 Thrasher Pike Hixson, TN 37343

FOR SALE
Land
Property ID
US80-1951329
2 ac lot
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses two residential properties situated on a substantial 2.65-acre lot in Middle Valley, Tennessee. The properties are located at 1711 and 1713 Thrasher Pike, Hamilton County, zip code 37343, and are conveniently positioned directly across the street from the Middle Valley Wal-Mart. The current zoning is residential, however, the property's location and size present significant potential for commercial rezoning, offering a compelling prospect for future development. The asking price for this expansive parcel is $1,300,000. The property's APN is 083J A 022.01, and ownership is private. This presents a rare chance to acquire a large tract of land in a high-traffic area with considerable upside potential. The existing structures offer immediate income potential or the possibility of demolition to make way for a new commercial venture. Given its prime location and substantial size, this property is an attractive investment for both residential and commercial developers seeking a foothold in a thriving Tennessee community. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Lot 2 ac (87,120 SF)
UPID US80-1951329

Cap rate & NOI

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

Location

1711 Thrasher Pike Hixson, TN 37343
Hixson metro
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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