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    3901 Hixson Pike Chattanooga, TN 37415
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    Property profile & analytics

    3901 Hixson Pike, Chattanooga, TN 37415

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    • Lifestyle centers
    • 26.00 lot acres
    For Lease
    $10 SF/Yr
    View Listing →
    Neighborhood Shopping Center For Rent For Lease
    $10 SF/Yr
    129,071 SF

    Neighborhood Shopping Center For Rent

    129,071 SF shopping center anchored by Walmart, Big Lots.

    3901 Hixson Pike, Chattanooga, TN 37415
    View Listing
    Property ID
    US80-2025228
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Coinstar / Bank / Credit Union
    • Western Union / Bank / Credit Union
    • Walmart Home Theater Installation / Electrical Service / General Contractor
    • Walmart House Cleaning Services / Hardware & Home Improvement
    • i.d. SPOT / (Bike/Boat/Book/etc) Store / Pet Store & Service

    Property Details for 3901 Hixson Pike

    Year built
    1958
    Lot size
    26.00 lot acres
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 1370 square foot retail space is situated in a thriving Chattanooga, TN strip center located on Hixson Pike. Built in 1958 and renovated in 1989, this single-story building offers a convenient and highly visible location. The property boasts a prime corner location at a signalized intersection, ensuring maximum exposure to potential customers. The plaza features a Walmart and fuel station, driving significant foot traffic and consumer activity. The property includes ample parking with 25 spaces available for customers and employees. This unit is part of a multi-tenant shopping center situated on 26 acres of commercially zoned land in Hamilton County. The space is ideal for a variety of retail businesses seeking a high-traffic location with excellent visibility. Highly competitive lease terms and rates are available. This is a rare opportunity to secure a well-positioned retail space in a bustling Chattanooga commercial area. Interested parties should inquire promptly for further details and scheduling a site visit.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Chattanooga
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2634349
    Latitude
    35.1147536

    Comparable in this City

    • Contact for pricing

      Neighborhood Shopping Center For Rent

      129,071 SF shopping center anchored by Walmart, Big Lots.
      3901 Hixson Pike, Chattanooga, TN 37415
      View Details
    • Contact for pricing
      2,017 SF

      Updated Retail Space Available

      Modern, updated retail space with frontage exposure on N Access Road.
      4202 N Access Rd, Chattanooga, TN 37415
      View Details
    • Contact for pricing

      Retail Space on Hixson Pike

      8,477 SF retail space on a bustling corridor.
      3600 Hixson Pike, Chattanooga, TN 37415
      View Details
    • $10 SF/Yr

      Retail Space on Hixson Pike

      8,477 SF retail space on a high-traffic corridor.
      3600 Hixson Pike, Chattanooga, TN 37415
      View Details
    • Contact for pricing

      Hixson Pike Commercial Opportunity

      Prime location with convenient access and great visibility.
      3405 Hixson Pike, Chattanooga, TN 37415
      View Details
    • Contact for pricing

      Office Space on Ashland Terrace

      Single tenant office space available for rent.
      739 Ashland Ter, Chattanooga, TN 37415
      View Details

    Similar Nearby for Sale

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      11,262 SF

      Prime Commercial Space on Dayton Boulevard

      Highly visible commercial property in a thriving Chattanooga corridor.
      3920 Dayton Blvd, Chattanooga, TN 37415
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    • $560,000

      Renovated Leased Retail/Office Building

      Fully leased, renovated retail/office building with long-term tenants.
      3702 Dayton Blvd, Chattanooga, TN 37415
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      11,262 SF

      Prime Commercial Space in Chattanooga

      Versatile commercial property on Dayton Boulevard, Chattanooga.
      3920 Dayton Blvd, Chattanooga, TN 37415
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      1,225 SF

      Standalone Building on Hixson Pike

      Versatile commercial building with high visibility and development potential.
      4135 Hixson Pike, Chattanooga, TN 37415
      View Details
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      0.19 Acres

      Vacant Lot on Main Road

      Vacant lot with billboard income potential in Chattanooga, Tennessee.
      109 Morrison Springs Rd, Chattanooga, TN 37415
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    • $1,200,000
      Pending

      Premier Land with Panoramic Views

      Rare 1.6+/- acre homesite in prestigious Rivercrest addition.
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    Similar Nearby for Lease

    • Contact for pricing

      Neighborhood Shopping Center For Rent

      129,071 SF shopping center anchored by Walmart, Big Lots.
      3901 Hixson Pike, Chattanooga, TN 37415
      View Details
    • Contact for pricing
      2,017 SF

      Updated Retail Space Available

      Modern, updated retail space with frontage exposure on N Access Road.
      4202 N Access Rd, Chattanooga, TN 37415
      View Details
    • Contact for pricing

      Retail Space on Hixson Pike

      8,477 SF retail space on a bustling corridor.
      3600 Hixson Pike, Chattanooga, TN 37415
      View Details
    • $10 SF/Yr

      Retail Space on Hixson Pike

      8,477 SF retail space on a high-traffic corridor.
      3600 Hixson Pike, Chattanooga, TN 37415
      View Details
    • Contact for pricing

      Hixson Pike Commercial Opportunity

      Prime location with convenient access and great visibility.
      3405 Hixson Pike, Chattanooga, TN 37415
      View Details
    • Contact for pricing

      Office Space on Ashland Terrace

      Single tenant office space available for rent.
      739 Ashland Ter, Chattanooga, TN 37415
      View Details

    Property Visit Statistics

    • Visits by month
      90.5k
    • Visitors by month
      40.2k
    • Avg Time on site
      19 min
    View Listing
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    Chattanooga, TN 37415
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    3901 Hixson Pike, Chattanooga, TN, 37415
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