Property profile

5195 Austin Rd Hixson, TN 37343

OFF-MARKET
Parking lots & garages
Property ID
US80-3529443
0.51 ac lot
Individually Owned 14-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.51-acre commercial lot presents a remarkable investment opportunity in the thriving Hixson, Tennessee market. Strategically located just one block from Hixson Pike, this property enjoys unparalleled access to key transportation arteries. Within minutes, you'll reach Interstate 75 and State Route 153, providing seamless connectivity throughout the region. Commuting to downtown Chattanooga, known for its vibrant social scene and diverse events, is a convenient 20-minute drive. The property's high visibility is further enhanced by an existing sign, ensuring maximum exposure for your business venture. This prime location offers significant potential for a wide range of commercial uses, making it an ideal choice for entrepreneurs and investors seeking a foothold in a rapidly growing area. The land is ready for development, presenting a blank canvas for your vision. Don't miss this chance to secure a piece of Hixson's burgeoning commercial landscape. The asking price is $120,000. Act quickly, as opportunities like this are rare.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Lot 0.51 ac (22,216 SF)
Zoning code R4
APN 100O A 025.02
UPID US80-3529443

Cap rate & NOI

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

Location

5195 Austin Rd Hixson, TN 37343
Hixson metro Census 10431 CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2011
3 recorded transactions
2011
$245,000
2007
$65,000
2005
Price N/A

Zoning & alternative use

R4 · 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
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