6102 Hixson Pike

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30679866
Property Subtypes: Hospitality, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Other
Status: Pending
Gross Land Area: 6.10 Acres
Sale Price: $550,000
Unit Price: $90,163 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/14/2021

Overview / Comments

Adjacent Parcels Available - Totaling Appx. 16.56 Acres (+/-)

2 Parcel Included in this Listing 6102 (6.1A) & 6106 (0.95A) = 7.05 acres

The property has 5 adjacent parcels available for purchase. The topography offers excellent views and multiple building sites. The Lullwater at Big Ridge Apartment Complex is completed and is currently leasing the remaining apartments that are available.

The land use proposed has been adopted by the Chattanooga City Council, Hixson North River Community Plan for re-zoning of the land is:
Light Business Mix - Neighborhood commercial office or similar uses. Medium Density Residential Medium-Density Residential - single family dwellings, town-homes, patio homes, 2, 3 and 4 family dwellings.

From I-75 South to Hwy 153 North. Use the right 2 lanes to take exit 4 for TN-153 N toward Chickamauga Dam Airport. Continue onto TN-153 N. Turn right onto Hamill Rd. Turn left onto Cassandra Smith Rd go approximately 1.4 miles, turn right onto Hixson Pike. Destination will be on the right.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 101 027
Property Located Between: Cassandra Smith Road and Big Ridge Road
Property Visibility: Excellent
Largest Nearby Street: Hixson Pike and Highway 153
Traffic/Vehicle Count: 20,111
Highway Access: Highway 153, Highway 27, Dupont Parkway
Airports: Chattanooga Metropolitan Airport
Site Description: Mostly flat with high visibility
Area Description: Located on Hixson Pike near the newly completed Lullwater at Big Ridge Apartment Complex, multiple retail complexes, with new residential across the street
Topography: Level
Available Utilities: Electric, Water, Sewer
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,290 30,914 80,491
Median Age: 49.62 43.09 41.37
Households: 936 12,777 33,298


Photograph of Listing Agent

William B Raines Jr.

The Raines Group, Inc. Greater Chattanooga REALTORS® Member
Photograph of Listing Agent

Richard J Howard

The Raines Group, Inc. Greater Chattanooga REALTORS® Member
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