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    6802 Prestige Ln Hixson, TN 37343
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    Property profile & analytics

    6802 Prestige Ln Hixson, TN 37343


    • Commercial land
    • 4,821 SF
    • 6.09 lot acres
    Off-Market
    Last Sale Jun 3, 2020
    $577,000
    Property ID
    US80-1616894
    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
    $585,000
    Show details
    Cap Rate Potential
    7.3%
    Commercial land
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 6802 Prestige Ln

    Year built
    1976
    Lot size
    6.09 lot acres
    Property size
    4,821 SF
    Zone code
    GB
    Property type
    Commercial land
    APN
    091 058
    APU
    91058

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $695,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $840,000
      6.5%
      $775,000
      7%
      $720,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $443,000
      Market price range: $444k - $1.07M
      AI Estimate
      $443,000
      Market price range: $444k - $1.07M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $710,000
      Current use
      AUTO REPAIR, GARAGE
      $930,000
      Change: +31% Conversion: Difficult
      MEDICAL BUILDING
      $925,000
      Change: +31% Conversion: Easy
      RETAIL STORES
      $655,000
      Change: -7% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hixson
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.2089
    Latitude
    35.1715
    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
    $1,090
    $0.00
    $0.00
    $48,720
    -
    $121,800
    $0.00
    $121,800
    More about this property
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