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2.79 Acres Near New Development
For Sale
$530,000

8022 Old Lee Highway, Ooltewah, TN 37363

2.79 acres near new apartment complex development.

Property SizeContact for details
Lot Size2.79 Acres
Days on Market400

Property Features for 8022 Old Lee Highway

General Information

Standard status Active
Lot size 2.79 Acres
Property subtype Unimproved Land

Amenities

Cable Ready
Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Listing Agency: Chattanooga - Downtown
Listed By: Roy Arick · License #358625
Source: Kw
Added: Jul 18, 2025 Changed: Aug 21 Last Checked: Aug 20 at 9:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chattanooga - Downtown

Investment Insights

Based on property information with market context.

This 2.79-acre parcel is located adjacent to the New Ardmore Heights Development, a 300-unit apartment complex, and the Jewel at Summit Pointe, a 280-unit development. The property is situated minutes from Volkswagen and Amazon, just off Apison Pike. An additional 4.2 acres are available under separate listings, potentially creating a total of 6.99 acres.

Key Highlights

  • Prime location adjacent to two large apartment complexes (300 and 280 units), offering significant development or business potential.
  • Total of 6.99 acres available when combined with separately listed 4.2 acres.
  • Conveniently located minutes from major employers Volkswagen and Amazon.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Garden Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby

Demographics for 37363, TN

41,120
Population
16,584
Households
2.5
Avg Household Size
41
Median Age
43%
College-Educated
93%
High-School Grad
60.1 sq mi
ZIP Area
684
Density / Sq Mi
$94,873
Median Household Income
$50,180
Median Earnings
$1,495
Median Rent
$349,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.79 acres near new apartment complex development.
Where is this commercial land located?
The property is located at 8022 Old Lee Highway Ooltewah, TN.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Prime location adjacent to two large apartment complexes (300 and 280 units), offering significant development or business potential.; Total of 6.99 acres available when combined with separately listed 4.2 acres.; Conveniently located minutes from major employers Volkswagen and Amazon.
More about this property
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