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8022 Old Lee Hwy Ooltewah, TN 37363

Sponsored
For Sale
$530,000

2.79 Acres Near Volkswagen & Amazon

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional 2.79-acre parcel of land, located at 8022 Old Lee Highway in Ooltewah, Tennessee (APN: 033140 00701P000), presents a unique investment opportunity. Priced at $530,000, this translates to approximately $189,964.16 per acre. The property boasts a highly desirable location, situated directly adjacent to the New Ardmore Heights Development, a 300-unit apartment complex, and the Jewel at Summit Pointe, another substantial 280-unit development. This strategic positioning offers significant potential for future growth and appreciation. The land's proximity to major employers like Volkswagen and Amazon, with easy access via Apison Pike, further enhances its appeal. This prime location offers excellent visibility and accessibility. While this 2.79-acre parcel is being offered separately, note that an additional 4.2 acres are available under separate listings, totaling 6.99 acres for potential larger-scale development projects. The listing price per square foot is $4.36. This property is ideal for developers seeking a strategic location with high growth potential in a rapidly expanding area. Don't miss this chance to acquire a piece of prime Tennessee real estate.

Property Features for 8022 Old Lee Hwy

General Information

Property type
Land
Lot Size
121,532 SF

HighLights

  • $4.36 per square foot listing price.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Auto Parts Store Skin Care Clinic HVAC Service Garden Center

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

Location Insight

  • Map
  • Local Demand
City
Ooltewah
County
Hamilton
State
Tennessee
Longitude
-85.1058089
Latitude
35.0691952

FAQs

What type of property is this?
Land - 2.79 Acres Near Volkswagen & Amazon
Where is this land located?
The property is located at 8022 Old Lee Hwy 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: $4.36 per square foot listing price.; ;
More about this property
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