Retail Land For Sale

Vacant Land for Sale
Catylist Listing ID: 30782029
Property Subtypes: Office, Retail, Retail-Pad, Vacation/Resort, Other
Gross Land Area: 0.41 Acres
Sale Price: $500,000
Unit Price: $1,219,512 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/20/2022

Overview / Comments

This retail type site is level and at the corner of Hixson Pike and Skillern Road in Hixson just north of Northgate Mall. It is on the "Going Home Side" of the street. The site would hold a retail building with parking of about 3,000+ square feet. A potential site plan is attached as an example as to what could be developed on the site. It is currently zoned C2-Commercial.

The lot is approximately 95 wide and 207 feet deep. Traffic on Hixson Pike is about 30,000 cars per day. The pictures include a rendering of a possible development and site plan.

Hixson Pike is the main thoroughfare to the north end of Hamilton County. The residential and commercial growth is very brisk.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 100O D 001
Zoning: C2
Property Located Between: Hixson Pike & Skillern Drive
Property Visibility: Excellent
Legal Description: Lt 20 Long Hixson Pb 14 Pg 150 Rev 83-161 Rev 115-199
Largest Nearby Street: Hixson Pike
Feet of Frontage: 95
Traffic/Vehicle Count: 30,000
Highway Access: Hixson Pike and HWY-153
Airports: Chattanooga Metropolitan Airport
Site Description: The site is level and at street grade.
Area Description: The Hixson area is a submarket of the Chattanooga MSA. The area is centered around the intersection of Hixson Pike and Hwy 153 near where the Northgate Mall is located. Please see demographics report for the full details for the 10-minute drive time report but the average household income is $83,000 and the population density is 45,000 with a growth factor about 1 percent.
Lot Frontage: 95 Feet
Lot Depth: 207 Feet
Zoning Description: C2 Commercial Zoning
Development Name: none
Topography: Level
Available Utilities: Electric, Water, Gas, Sewer, Cable, Broadband, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,744 37,973 89,945
Median Age: 40.71 42.27 40.53
Households: 1,707 16,234 38,552

Contact

Photograph of Listing Agent

Robert Fisher

KW Commercial Greater Chattanooga REALTORS® Member
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