6726 Hixson Pike Hixson, TN 37343-2506
- Individual retail properties
- 1,844 SF
- 0.35 lot acres
Current Use by Public Records
- Taylored to You Massage / Massage Therapist
- Jan's Place Salon & Barbershop / Hair Salon
- The Local Salon / Hair Salon
- Therapeutic Massage Effects / Massage Therapist / Massage Spa
- The Wax Room (Beyond the Beauty) / Beauty Salon
Property Details for 6726 Hixson Pike
- Year built
- 1952
- Lot size
- 0.35 lot acres
- Property size
- 1,844 SF
- Zone code
- C2
- Property type
- Individual retail properties
- APN
- 092 055.02
- APU
- 9205502
Description
This exceptional 1,844-square-foot mixed-use building, situated on Hixson Pike in Hixson, Tennessee (37343), presents a compelling investment opportunity. Built in 1952 and extensively renovated between 2020 and 2024, this single-story, Class B property boasts a 100% occupancy rate with a current tenant operating a successful hair/nail salon and spa. The owner/operator tenant ensures consistent income. The property features new HVAC, flooring, and plumbing systems, reflecting a commitment to quality and maintenance. With 18 parking spaces and a generous 13,200-square-foot lot, ample space is available for customers and staff. The C-2 zoning allows for diverse uses, including retail, financial, and office spaces, providing flexibility for future development. The building enjoys high visibility due to its prime location on Hixson Pike, a main thoroughfare surrounded by residential developments. This thriving area is experiencing rapid growth, making this property an attractive investment with significant potential for appreciation. The asking price is $495,000, translating to $268.44 per square foot. The property's address is 6726 Hixson Pike, Hamilton County, Tennessee. Property ID: 092 055.02.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $385,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $440,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $385,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $390,000
- Retail
- $395,000
- Mixed-Use
- $450,000
- Hospitality
- $365,000
- Educational
- $380,000
- Residential Income
- $390,000
- Energy
- $370,000
- Income-Based Land
- $345,000
- Food Service
- $385,000
Location Insight
- Map
- Local Demand
- City
- Hixson
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1896
- Latitude
- 35.1641
- CBSA code
- 16860
- CBSA name
- CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA
