Rezoned Residential Development
For Sale
$165,000
8203 Old Lee Hwy, Ooltewah, TN 37363
Newly rezoned R-N-3 land near I-75, positioned for convenient access to major employers and retail centers.
Property SizeContact for details
Days on Market558
Property Features for 8203 Old Lee Hwy
General Information
Standard status
Active
Property subtype
Land
Zoning
R-N-3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$343
Listing Agency:
Horizon Sotheby's International Realty
(423) 400-9275
Listed By:
Tavis Spotts · License #00284855
(423) 400-9275
Source:
Exprealty
Added: Jan 30, 2025
Changed: Aug 8
Last Checked: Jul 18 at 1:19AM
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 Horizon Sotheby's International Realty
Investment Insights
Based on property information with market context.
This newly rezoned R-N-3 parcel offers an opportunity to develop in a residential area that the seller describes as changing rapidly. The property is presented as build-ready land for income-focused development.
Located just off I-75 in the Ooltewah/Collegedale (Summit) area, the location is described as convenient to Volkswagen, Amazon, Hamilton Place, Publix, and other dining, schools, and parks. Old Lee Hwy provides access to Little Debbie Highway, with additional restaurants and Walmart listed as nearby conveniences.
For buyers looking to secure residential development land, the offering highlights rezoning to R-N-3 and emphasizes the availability of buildable lots in the area.
Located just off I-75 in the Ooltewah/Collegedale (Summit) area, the location is described as convenient to Volkswagen, Amazon, Hamilton Place, Publix, and other dining, schools, and parks. Old Lee Hwy provides access to Little Debbie Highway, with additional restaurants and Walmart listed as nearby conveniences.
For buyers looking to secure residential development land, the offering highlights rezoning to R-N-3 and emphasizes the availability of buildable lots in the area.
Key Highlights
- Newly rezoned R‑N‑3 land for an income‑producing build
- Located just off I‑75 in Ooltewah/Collegedale (Summit)
- Convenient to major employers including Volkswagen, Amazon, and Hamilton Place
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
58
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Newly rezoned R-N-3 land near I-75, positioned for convenient access to major employers and retail centers.
Where is this residential land & home lot located?
The property is located at 8203 Old Lee Hwy Ooltewah, TN.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Newly rezoned R‑N‑3 land for an income‑producing build; Located just off I‑75 in Ooltewah/Collegedale (Summit); Convenient to major employers including Volkswagen, Amazon, and Hamilton Place
