Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5195 Austin Rd Hixson, TN 37343

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5195 Austin Rd Hixson, TN 37343

    View on Map
    • Parking lots & garages
    • 0.51 lot acres
    For Sale
    $120,000
    View Listing →
    Commercial Land in Hixson, TN For Sale
    $120,000
    0.51 Acres

    Commercial Land in Hixson, TN

    Commercial land in Hixson, close to major routes and Chattanooga.

    5195 Austin Road, Hixson, TN 37343
    View Listing
    Property ID
    US80-3529443
    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

    • Parking lots & garages

    Property Details for 5195 Austin Rd

    Lot size
    0.51 lot acres
    Zone code
    R4
    Property type
    Parking lots & garages
    APN
    100O A 025.02
    APU
    100OA02502

    Description

    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.

    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
    Hixson
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2384
    Latitude
    35.1389
    CBSA code
    16860
    CBSA name
    CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $609
    $0.00
    $0.00
    $27,240
    -
    $62,900
    $5,200
    $68,100

    Comparable in this City

    • Value Estimation by Request
      3.23 Acres

      2155 Northpoint Blvd

      PARKING GARAGE, PARKING STRUCTURE • 3.23 Acres
      2155 Northpoint Blvd, Hixson, TN 37343
      View Details
    • Value Estimation by Request
      1,930 SF

      2073 Hamill Rd

      PARKING GARAGE, PARKING STRUCTURE • 1,930 SF
      2073 Hamill Rd, Hixson, TN 37343
      View Details
    • Value Estimation by Request
      1.49 Acres

      1968 Northpoint Blvd

      PARKING GARAGE, PARKING STRUCTURE • 1.49 Acres
      1968 Northpoint Blvd, Hixson, TN 37343
      View Details
    • Value Estimation
      $2,240,000
      39,160 SF

      1955 Northpoint Blvd

      PARKING GARAGE, PARKING STRUCTURE • 39,160 SF
      1955 Northpoint Blvd, Hixson, TN 37343-4071
      View Details
    • Value Estimation
      $735,000
      9,600 SF

      Hixson Pike

      PARKING GARAGE, PARKING STRUCTURE • 9,600 SF
      Hixson Pike, Hixson, TN 37343
      View Details
    • Value Estimation by Request
      1.44 Acres

      5941 Hwy 153

      PARKING GARAGE, PARKING STRUCTURE • 1.44 Acres
      5941 Hwy 153, Hixson, TN 37343-2831
      View Details

    Similar Nearby for Sale

    • $985,000
      1,875 SF

      Hixson Pike Drive-Thru Opportunity

      Adaptable commercial building with drive-thru on Hixson Pike.
      5237 Hixson Pike, Chattanooga, TN 37343
      View Details
    • Contact for pricing

      Hixson Retail Land For Sale

      3.35 acres of retail land available in Hixson, Tennessee.
      5400 Tn-153, Hixson, TN 37343
      View Details
    • $429,000
      0.54 Acres

      Hixson Commercial Lot with Drive-Thru

      High-visibility commercial lot approved for drive-thru in Hixson, TN.
      5468 Old Hixson Pike, Hixson, TN 37343
      View Details
    • $754,500
      4,428 SF

      Hixson Pike Restaurant/Retail Space

      Restaurant/retail space on Hixson Pike, includes established business.
      5149 Hixson Pike, Chattanooga, TN 37343
      View Details
    • $339,000

      Hixson Duplex: Investor Opportunity

      Tenant-occupied duplex in Hixson with separate entrances and driveways.
      5227 Hickory Nut Ln, Hixson, TN 37343
      View Details
    • $1,667,000

      Highway 153 Land Opportunity

      Land available on Highway 153 in Hixson, Tennessee.
      5114 Highway 153, Hixson, TN 37343
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Former Retail Space in Hixon

      Stand-alone retail space available for rent in Hixon, Tennessee.
      5704 Highway 153, Hixson, TN 37343
      View Details
    • $11 SF/Yr
      1,200 SF

      Hixson Pike Endcap Restaurant Space

      Endcap restaurant space available for rent on Hixson Pike.
      8530 Hixson Pike, Hixson, TN 37343
      View Details
    • $35 SF/Yr

      Retail Space in Hixson Crossing

      Retail suite available in Hixson Crossing Shopping Center.
      5550 Tennessee 153, Chattanooga, TN 37343
      View Details
    • Contact for pricing

      Regional Shopping Center Space Available

      Retail space in Hixson's centrally located Northtowne Centre.
      5450 Highway 153, Hixson, TN 37343
      View Details
    • Contact for pricing

      8530 Hixson Pike, Lakesite, TN 37343

      Shopping centers
      8530 Hixson Pike, Lakesite, TN 37343
      View Details
    • Contact for pricing

      Hixson Retail Space Available

      Retail spaces available, ranging from 1,600 to 30,078 SqFt.
      5760 Tn-153, Hixson, TN 37343
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5195 Austin Rd
    Hixson, TN 37343
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!