Current Use by Public Records
- Retail properties & Spaces
Property Details for 8001 Old Lee Hwy
- Lot size
- 2.16 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional 9.22-acre commercial land parcel in Ooltewah, Tennessee, presents a significant development opportunity. Strategically located on Old Lee Highway near Interstate 75 Exit 9, this high-visibility site boasts daily traffic counts exceeding 70,000 vehicles on I-75 and nearly 20,000 on Old Lee Highway. The property is zoned C-2 and offers five pad-ready sites, ranging from 2.16 to 4.61 acres, with prices per acre between $277,778 and $379,610. Its prime location in Hamilton County places it less than two miles from the Enterprise South Industrial Park, home to major employers and extensive outdoor recreational areas. The surrounding area shows strong population growth, with over 248,000 residents within a ten-mile radius and an average household income of $85,320 within two miles. Proximity to major amenities, including Volkswagen Chattanooga, Amazon and FedEx fulfillment centers, Hamilton Place Mall, Chattanooga Metropolitan Airport, and Erlanger East Hospital, further enhances its appeal. Permitted uses include restaurants, mixed-use retail, medical offices, and multi-level self-storage facilities. This is an ideal investment for developers seeking high-traffic exposure and a thriving community setting. The asking price for the entire 9.22-acre site is $3,200,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ooltewah
- County
- Hamilton
- State
- Tennessee
- Longitude
- -85.1072
- Latitude
- 35.0701
