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    5308 Hunter Rd Ooltewah, TN 37363

    For Sale
    $450,000

    4.45 acres, I-75 visibility, rezoning potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.45-acre commercial land parcel in Ooltewah, Tennessee, presents a compelling investment opportunity. Located at 5308 Hunter Rd, Hamilton County, zip code 37363, this property boasts prime visibility from Interstate 75 Exit 11/Hunter Road, benefiting from excellent demographics in this high-traffic area. Its strategic location offers proximity to the Volkswagen plant and Enterprise South industrial park, ensuring strong potential for future development. The property is zoned A-1, but rezoning possibilities exist. While the total acreage is 4.45 acres, approximately 3 acres are usable for development, with the remaining 1.5 acres designated as green space. The convenient location is a mere 0.25 miles from I-75 Exit 11, providing easy access to major transportation routes. The property is currently listed for $450,000 and is suitable for a single tenant. This is an ideal site for businesses seeking high visibility and convenient access to a thriving commercial and manufacturing area. Don't miss this chance to acquire a strategically located commercial land parcel with significant growth potential.

    Property Features for 5308 Hunter Rd

    General Information

    Property type
    Land
    Lot Size
    193,842 SF

    HighLights

    • Single‑tenant occupancy.
    • High‑traffic location with excellent visibility.
    • Long‑term lease in place with a creditworthy tenant.
    • Strong cash flow and stable income stream.
    • Well‑maintained building with recent upgrades.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.0766639
    Latitude
    35.086799

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    FAQs

    What type of property is this?
    Land - 4.45 acres, I-75 visibility, rezoning potential.
    Where is this land located?
    The property is located at 5308 Hunter Rd Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Single-tenant occupancy.; High-traffic location with excellent visibility.; Long-term lease in place with a creditworthy tenant.
    (423) 499-9999
    Request Owner's contact information
    5308 Hunter Rd Ooltewah, TN 37363
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5308 Hunter Rd Ooltewah, TN 37363
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