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    5419 Ooltewah Ringgold Rd Ooltewah, TN 37363

    Sponsored
    For Sale
    $335,000

    High-Visibility Retail Lot, Excellent Demographics

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 0.52-acre commercial lot, located at 5419 Ooltewah Ringgold Rd in Ooltewah, Tennessee, presents a remarkable opportunity for retail development. The property boasts an impressive 272 feet of road frontage, ensuring high visibility and accessibility for potential businesses. Zoned MU-TC (Commercial Mixed Use Town Center), this property offers significant flexibility in development plans. The site comprises two combined lots (132P H 011 & 132P H 014), situated in a thriving commercial/mixed-use area with strong demographics. Preliminary plans suggest the potential for a single-story, approximately 3000 square foot building, easily adaptable to accommodate three retail units, with ample on-site parking. Alternatively, a two-story structure is also feasible, depending on the developer's needs. The property's convenient location and excellent ingress/egress make it an ideal site for a variety of retail ventures. This prime location offers exceptional visibility and accessibility, making it an attractive investment opportunity for discerning developers seeking a high-impact retail presence in a growing community. The asking price for this exceptional property is $335,000.

    Property Features for 5419 Ooltewah Ringgold Rd

    General Information

    Property type
    Retail properties
    Lot Size
    22,651 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton County, TN
    State
    Tennessee
    Longitude
    -85.06429
    Latitude
    35.06978

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Retail Lot, Excellent Demographics
    Where is this retail property located?
    The property is located at 5419 Ooltewah Ringgold Rd Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $335,000.
    (423) 499-9999
    Request Owner's contact information
    5419 Ooltewah Ringgold Rd Ooltewah, TN 37363
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5419 Ooltewah Ringgold Rd Ooltewah, TN 37363
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