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Executive Summary

Rare opportunity to develop a perfectly level, nearly 3/4 acre site on the West end of the Walmart-anchored Oak Park Town shopping center in busy Hixson, TN. From Hwy 153 with a VPD of 40,000+, this is among the most visible sites of the complex and the only remaining vacant parcel. From the site there is also access to 2 signalized points of ingress and egress within the shopping center that features Walmart, PetCo, Chick-Fil-A, Buffalo Wild Wings, Marshalls, O’Reilly Auto Parts, Murphy Gas and many more.
Other major retailers within 2 miles of this property include: Target, Kohl’s, Academy Sports, AT&T, Verizon, Lowe’s, Home Depot, brand new Weigel’s and Raising Cane’s along with a 300+ unit apartment complex still under construction just across the street.
Chattanooga is centrally located between Atlanta, Nashville, Knoxville and Birmingham, and is a Top 50 performing metro area. The Hixson area boasts 4.3 million SF of retail that is 98% occupied (CoStar) and a population count of over 90,000 within a 5 mile radius.

Property Facts

Price $540,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 0.69 AC

1 Lot Available

Lot

Price $540,000
Price Per AC $750,000.00
Lot Size 0.72 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
100A-C-001.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$144,280
  • Listing ID: 39907052

  • Date on Market: 3/25/2026

  • Last Updated:

  • Address: 5778 TN-153, Hixson, TN 37343

Contact the Sale Advisor

5778 TN-153 - Retail Outparcel on Hwy 153 | Wal-Mart Anchor

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