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Property profile & analytics
OFF-MARKET
Commercial real estate

8030 Old Lee Hwy Ooltewah, TN 37363

3.18 ac lot
Property ID
US80-1524323
Property summary
AI-generated overview

This exceptional 3.18-acre commercial land parcel presents a remarkable investment opportunity in the thriving Ooltewah, Tennessee market. Boasting 322 feet of frontage on Old Lee Highway, this property enjoys unparalleled visibility and accessibility. Its strategic location offers convenient proximity to major employers, including Volkswagen and Amazon, situated just 8 minutes away. The property's advantageous position is further enhanced by its adjacency to significant ongoing developments. Specifically, it neighbors the New Ardmore Heights Apartment Development, a substantial 300-unit complex, and the Jewel at Summit Pointe, another large-scale 280-unit development. This prime location ensures high traffic volume and strong potential for future growth. The property's address is 8030 Old Lee Hwy, Ooltewah, TN 37363, with a Hamilton County APN of 033140 00900P000. The asking price for this exceptional commercial land is $1,000,000. This presents a unique chance to acquire a highly desirable property in a rapidly expanding area, ideal for a variety of commercial ventures. The property's proximity to Apison Pike adds to its strategic value, providing easy access to major transportation routes. Don't miss this opportunity to secure a piece of Ooltewah's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Lot 3.18 ac (138,521 SF)
APN 033140 00900P000
UPID US80-1524323
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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