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    Property profile & analytics
    OFF-MARKET Estimated value $585,000
    Commercial land

    6802 Prestige Ln, Hixson, TN 37343

    4,821 SF 6.09 ac lot Built 1976
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US80-1616894
    Property summary
    AI-generated overview

    This exceptional 6-acre commercial development parcel in Hixson, Tennessee, presents a remarkable investment opportunity. Located on the cul-de-sac of Prestige Lane, this C3-zoned property offers unparalleled versatility for a wide range of commercial uses, including retail, office, auto sales, hotels, restaurants, car washes, and light manufacturing. Its strategic position near the intersection of Middle Valley Road and Boy Scout Road provides excellent visibility and accessibility. The property enjoys proximity to major transportation arteries, being approximately 2 miles from Highways 153 and 27, 3 miles from the Northgate regional shopping area, and within a 10-mile radius of both Downtown Chattanooga and Interstate 75. This prime location ensures high traffic volume and strong potential for business growth. The property's parcel number is 091 058. Please note that some portions of the property may fall within a FEMA-designated flood zone. An adjacent lot is also available at 1526 Boy Scout Road (see separate listing). The asking price for this exceptional opportunity is $649,000. The property's address is 6802 Prestige Ln, Middle Valley, TN 37343.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1976
    Total area 4,821 SF
    Lot 6.09 ac (265,280 SF)
    Zoning code GB
    APN 091 058
    UPID US80-1616894
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $775k
    Comparable Approach Comparable
    $444k
    Blend (final) Blend
    $585k
    Owner & transaction history
    J & B Realty LLC · 6 yrs held
    J & B Realty LLC
    since 2020
    Last sale
    $577,000
    1 recorded transaction
    2020
    $577,000
    Zoning & alternative use
    GB · Hixson, TN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $930,000 +31.1%
    Medical building $925,000 +30.7%
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