8022 Old Lee HwyOoltewah, TN 37363

  • Land
  • 2.79 AC
For Sale
$530,000 View listing

Property Details for 8022 Old Lee Hwy

Lot size
2.79 AC
Property type
Land
Property subtype
Other land

Description

This exceptional 2.79-acre parcel of land, located at 8022 Old Lee Highway in Ooltewah, Tennessee (APN: 033140 00701P000), presents a unique investment opportunity. Priced at $530,000, this translates to approximately $189,964.16 per acre. The property boasts a highly desirable location, situated directly adjacent to the New Ardmore Heights Development, a 300-unit apartment complex, and the Jewel at Summit Pointe, another substantial 280-unit development. This strategic positioning offers significant potential for future growth and appreciation. The land's proximity to major employers like Volkswagen and Amazon, with easy access via Apison Pike, further enhances its appeal. This prime location offers excellent visibility and accessibility. While this 2.79-acre parcel is being offered separately, note that an additional 4.2 acres are available under separate listings, totaling 6.99 acres for potential larger-scale development projects. The listing price per square foot is $4.36. This property is ideal for developers seeking a strategic location with high growth potential in a rapidly expanding area. Don't miss this chance to acquire a piece of prime Tennessee real estate.

8022 Old Lee Hwy, Ooltewah, Tennessee

Location Insight

City
Ooltewah
County
Hamilton
State
Tennessee
Latitude
35.0692
Longitude
-85.1058

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