6802 Prestige LnMiddle Valley, TN 37343

  • Commercial land
  • 4,821 SF
For Sale
$649,000 View listing

Property Details for 6802 Prestige Ln

Year built
1976
Lot size
6.09 AC
Property size (Sq ft)
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,167,121
    Hospitality
    $1,069,077
    Educational
    $889,459
    Medical
    $920,049
    Retail
    $1,383,604

Location Insight

City
Hixson
County
Hamilton
State
Tennessee
Latitude
35.1715
Longitude
-85.2089
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
-
-
$48,720
-
$121,800
-
$121,800

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