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    6726 Hixson Pike Hixson, TN 37343-2506

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    Property profile & analytics

    6726 Hixson Pike Hixson, TN 37343-2506

    View on Map
    • Individual retail properties
    • 1,844 SF
    • 0.35 lot acres
    Off-Market
    Last Sale Mar 25, 2025
    $410,000
    Property ID
    US80-1128053
    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

    • Taylored to You Massage / Alternative Medicine Practice / Spa & Massage Center
    • Jan's Place Salon & Barbershop / Hair Salon
    • The Local Salon / Hair Salon
    • Therapeutic Massage Effects / Alternative Medicine Practice / Spa & Massage Center
    • The Wax Room (Beyond the Beauty) / Hair Salon / Nail 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 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
    -85.1896
    Latitude
    35.1641
    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
    $1,447
    $0.00
    $0.00
    $64,680
    -
    $113,200
    $48,500
    $161,700

    Comparable in this City

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      $505,000
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      1961 Northpoint Blvd

      BARBER, HAIR SALON • 4,002 SF
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      View Details
    • Value Estimation
      $1,280,000
      9,204 SF

      5936 Hixson Pike

      DRY CLEANER • 9,204 SF
      5936 Hixson Pike, Hixson, TN 37343-3010
      View Details
    • Value Estimation by Request
      2,445 SF

      1129 Ely Rd

      LAUNDROMAT (SELF-SERVICE) • 2,445 SF
      1129 Ely Rd, Hixson, TN 37343-4773
      View Details
    • Value Estimation by Request
      1,277 SF

      8119 Hixson Pike

      BARBER, HAIR SALON • 1,277 SF
      8119 Hixson Pike, Hixson, TN 37343-1551
      View Details
    • Value Estimation
      $740,000
      4,023 SF

      5211 Hixson Pike

      DRY CLEANER • 4,023 SF
      5211 Hixson Pike, Hixson, TN 37343-3928
      View Details
    • Value Estimation by Request
      336 SF

      2203 Hamill Rd

      BARBER, HAIR SALON • 336 SF
      2203 Hamill Rd, Hixson, TN 37343-4064
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hixson Retail Land For Sale

      3.35 acres of retail land available in Hixson, Tennessee.
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      Hixson Pike Drive-Thru Opportunity

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      Hixson Pike Restaurant/Retail Space

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    • $429,000
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      Hixson Commercial Lot with Drive-Thru

      High-visibility commercial lot approved for drive-thru in Hixson, TN.
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    • $339,000

      Hixson Duplex: Investor Opportunity

      Tenant-occupied duplex in Hixson with separate entrances and driveways.
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      Highway 153 Land Opportunity

      Land available on Highway 153 in Hixson, Tennessee.
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    Similar Nearby for Lease

    • $12 SF/Yr

      Retail Center Anchored by Fitness

      High-traffic retail space in Hixson, TN, anchored by Crunch Fitness.
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      Former Retail Space in Hixon

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      View Details
    • $11 SF/Yr
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      Hixson Pike Endcap Restaurant Space

      Endcap restaurant space available for rent on Hixson Pike.
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      Retail Space in Hixson Crossing

      Retail suite available in Hixson Crossing Shopping Center.
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      Regional Shopping Center Space Available

      Retail space in Hixson's centrally located Northtowne Centre.
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    • Contact for pricing

      8530 Hixson Pike, Lakesite, TN 37343

      Shopping centers
      8530 Hixson Pike, Lakesite, TN 37343
      View Details
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    Hixson, TN 37343-2506
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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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