5419 Ooltewah Ringgold Rd Ooltewah, TN 37363
This exceptional 0.52-acre commercial lot, located at 5419 & 5421 Ooltewah Ringgold Road in Ooltewah, Tennessee, presents a unique investment opportunity. Situated in a thriving commercial mixed-use town center (MU-TC zoning), this property boasts 272 feet of road frontage, ensuring excellent visibility and accessibility. The prime location offers strong demographics and easy ingress and egress. Preliminary plans suggest the potential for a single-story, approximately 3000 square foot building with three units and ample parking. Alternatively, a two-story building is also feasible. This versatile lot is ideal for a variety of commercial or mixed-use developments, capitalizing on the high traffic and visibility of its Main Street location in Hamilton County, TN, zip code 37363. The asking price is $335,000. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Property description
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