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    Mahan Gap Rd Ooltewah, TN 37363

    For Sale
    $400,000

    0.99-acre commercial lot, ideal location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 0.99-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Ooltewah, Tennessee community. Located on Mahan Gap Road, zip code 37363, this nearly one-acre lot is zoned C-2, offering a blank slate for diverse commercial development. The property boasts level terrain, eliminating costly site preparation and maximizing usable space. Its strategic location within Ooltewah provides convenient access to existing commercial and residential areas, ensuring high visibility and potential customer traffic. This presents an excellent foundation for a wide range of commercial ventures, from retail spaces to office buildings, or other suitable commercial uses. The property's size and zoning make it an attractive option for developers and entrepreneurs seeking a prime location to establish their business. Ooltewah's consistent economic growth and thriving community further enhance the investment potential of this exceptional property. Don't miss this chance to acquire a significant piece of commercial real estate in a desirable Tennessee location. The asking price is $400,000.

    Property Features for 0 Mahan Gap Rd

    General Information

    Property type
    Land
    Lot Size
    43,124 SF

    HighLights

    • Excellent location with a mix of commercial and residential properties, ensuring high visibility and diverse customer base.
    • One‑acre level lot ideal for new commercial construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ooltewah
    County
    Tennessee (USA)
    State
    Tennessee
    Longitude
    -85.02764916
    Latitude
    35.17487895

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    FAQs

    What type of property is this?
    Land - 0.99-acre commercial lot, ideal location
    Where is this land located?
    The property is located at Mahan Gap Rd Ooltewah, TN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Excellent location with a mix of commercial and residential properties, ensuring high visibility and diverse customer base.; One-acre level lot ideal for new commercial construction.;
    Request Owner's contact information
    Mahan Gap 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
    Mahan Gap Rd Ooltewah, TN 37363
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