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    8080 Old Cleveland Pike Ooltewah, TN 37363

    For Sale
    $3,900,000

    3.8-Acre Corner Lot near I-75

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.8-acre commercial lot is strategically located on a high-traffic corner off Interstate 75, exit 9, in Ooltewah, Tennessee (Chattanooga). Its prime location offers unparalleled visibility and accessibility, situated near major employers including Amazon, Volkswagen, and FedEx. The property, identified by APN 131P C 008, is zoned for commercial use, presenting a multitude of development opportunities. Consider a convenience store, gas station, hotel, fast food restaurant, or car wash – the possibilities are vast. The asking price is $3,900,000, with a land value of $24.17 per square foot. Adding to its appeal, brand new, multi-million dollar apartments are located directly across the street, ensuring a robust and growing customer base. Owner financing is available with a 50% down payment. The address is 8080 Old Cleveland Pike, Ooltewah, TN 37363, in Hamilton County. This high-demand property presents a unique investment opportunity in a thriving area with exceptional growth potential. Don't miss this chance to secure a piece of prime commercial real estate in a location that boasts high traffic volume and proximity to major corporations. The property's size and location make it ideal for a variety of commercial ventures, promising significant returns on investment.

    Property Features for 8080 Old Cleveland Pike

    General Information

    Property type
    Land
    Lot Size
    165,528 SF

    HighLights

    • 3.8‑acre commercial corner lot in Ooltewah, TN.
    • High‑traffic location off I‑75, Exit 9, near major employers.
    • APN 131P C 008, commercially zoned.
    • Asking price: $3,900,000 ($24.17/SF land value).
    • Owner financing available with 50% down payment.
    Property Profile Insight Report 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 Storage Facility HVAC Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.1028898
    Latitude
    35.0698069

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    FAQs

    What type of property is this?
    Land - 3.8-Acre Corner Lot near I-75
    Where is this land located?
    The property is located at 8080 Old Cleveland Pike Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $3,900,000.
    What are key features of this property?
    This property features: 3.8-acre commercial corner lot in Ooltewah, TN.; High-traffic location off I-75, Exit 9, near major employers.; APN 131P C 008, commercially zoned.
    Request Owner's contact information
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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
    8080 Old Cleveland Pike Ooltewah, TN 37363
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