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    8011 Bork Memorial Dr Ooltewah, TN 37363

    For Sale
    $500,000

    Prime Ooltewah, TN commercial land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial land parcel, located at 8011 & 0 Bork Memorial Drive in Ooltewah, Tennessee, presents a remarkable investment opportunity. Priced at $500,000, this expansive property offers significant potential for a variety of commercial developments. Situated in Hamilton County, zip code 37363, the land enjoys a prime location within the thriving Ooltewah community. Its strategic placement ensures excellent visibility and accessibility, maximizing exposure to potential customers. The property's favorable zoning and proximity to key amenities and major transportation routes provide a solid foundation for success. Whether you envision a retail center, office complex, or mixed-use project, this spacious lot provides ample room to bring your vision to life. This is a rare chance to establish a presence in one of Tennessee's most promising business hubs. The property's size allows for considerable flexibility in development plans, catering to a wide range of commercial ventures. Don't miss this opportunity to capitalize on the growth and potential of Ooltewah, Tennessee. Contact us today to learn more about this exceptional commercial land offering.

    Property Features for 8011 Bork Memorial Dr

    General Information

    Property type
    Land

    HighLights

    • $500,000 commercial land parcel in Ooltewah, TN.
    • Located at 8011 & 8013 Bork Memorial Drive, Hamilton County, zip code 37363.
    • Prime location in Ooltewah with excellent visibility and accessibility.
    • Favorable zoning and proximity to amenities and major transportation routes.
    • Suitable for retail, office, or mixed‑use development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Auto Parts Store Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Ooltewah
    County
    Hamilton
    State
    Tennessee
    Longitude
    -85.106589
    Latitude
    35.0647682

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    FAQs

    What type of property is this?
    Land - Prime Ooltewah, TN commercial land
    Where is this land located?
    The property is located at 8011 Bork Memorial Dr Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: $500,000 commercial land parcel in Ooltewah, TN.; Located at 8011 & 8013 Bork Memorial Drive, Hamilton County, zip code 37363.; Prime location in Ooltewah with excellent visibility and accessibility.
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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
    8011 Bork Memorial Dr Ooltewah, TN 37363
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