Search
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 Market473

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: Keller Williams Realty Greater Downtown
Listed By: Roy Arick · License #358625
Source: Kw
Added: Jul 18, 2025 Changed: Nov 1 Last Checked: Nov 1 at 11:16AM

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 Keller Williams Realty Greater Downtown

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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.
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved