8011 Apison PikeOoltewah, TN 37363

Property Details for 8011 Apison Pike

Lot size

5.89 AC

Zone code

M1

Property type

Land

Property subtype

Commercial land

APN

131P B 003.01

APU

131PB00301

Description

This exceptional 5.3-acre commercial land parcel, located at 8011 Apison Pike in Ooltewah, Tennessee (zip code 37363), presents a unique investment opportunity. Zoned M-1, this property is ideally situated at I-75 Exit 9, offering high visibility and accessibility to significant commuter traffic. Previously known as 8011 Old Cleveland Highway, the site is conveniently located near the Volkswagen plant and benefits from excellent exposure to Apison Pike (Highway 317). The land has already undergone significant preparation, including clearing, grading, and compaction, and is released from Tennessee Department of Transportation (TDOT) highway improvement projects (right-of-way widening). All necessary TDOT conditions have been met, and a survey is readily available. The property is designated as the "South Parcel" (Tax ID 131P B 003.01) and is offered for sale as a single, whole parcel. While subject to certain use restrictions and utility easements, this prime location offers substantial potential for development. The asking price for this ready-to-develop site is $4,505,000.

• Alternative Use

  Use

  Valuation

  Residential

  $62,112,840

  Hospitality

  $56,895,028

  Educational

  $47,335,996

  Medical

  $48,963,952

  Retail

  $73,633,768

Location Insight

City

Ooltewah

County

Hamilton

State

Tennessee

Latitude

35.0705

Longitude

-85.1061

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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