8074 Old Lee Hwy # 5 Ooltewah, TN $ 3,000,000
8074 Old Lee Hwy # 5
$ 3,000,000
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8074 Old Lee Hwy # 5

Ooltewah, TN, 37363
$ 3,000,000
Baths0.0

Monthly Estimate*

$ 20,956

8074 Old Lee Hwy # 5, Ooltewah, TN 37363 - Image 1
8074 Old Lee Hwy # 5, Ooltewah, TN 37363 - Image 2
8074 Old Lee Hwy # 5, Ooltewah, TN 37363 - Image 3
8074 Old Lee Hwy # 5, Ooltewah, TN 37363 - Image 4
Studio

Lots and Land for sale in Ooltewah, TN

for $3,000,000. The lot size is 12.26.

Offering an exceptional opportunity for development, this property situated at 8074 Old Lee Highway in Ooltewah, Tennessee, falls under the coveted R-3 zoning and a permit has been issued by WWTA with plans constructed accordingly. Spanning across raw land, the parcel is primed for the construction of townhomes, promising a lucrative investment in a rapidly evolving community. With its strategic location and zoning allowances, this property stands as a blank canvas for a visionary developer to shape a thriving residential project. Power, public water and sewer connections, high-speed fiber optics, and telephone lines are all readily available at or nearby the site. Please note that this listing comprises three separate parcels as follows:Address: 8074 Old Lee Hwy PARCEL ID: 140 011.10 SLIVER PT TR 2 SUMMIT POINTE SITE BOUNDARY SURVEYAddress: 4905 Pattentown Road PARCEL ID:140_012.02 NW 1/4 SEC 30 TWP 4 R2Address: 4907 Pattentown Road PARCEL ID: 140_012 PT NW 1/4 SEC 30 TWP 4 R2Unleash the full potential of this raw land, tailor it to your creative aspirations, and witness the transformation into a coveted townhome haven. Seize the chance to sculpt the future of this sought-after locale, where possibilities are as vast as the land itself. Act now and be the architect of a thriving residential masterpiece. Your canvas awaits at 8074 Old Lee Highway - where dreams meet development. Agent is daughter of Sellers.

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Lots and Land Active

Price

$ 3,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,647

Style

Residential

Lot Size

12.26

Town/City

Ooltewah

County/Region

Hamilton

MLS | Web ID

1385332

Features
Exterior
Lot Description Wooded
Improvements Public Water
Road None
Structures None
Lot Size Dimensions 28.50X382.87
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General
Utilities Cable Electric Gas Telephone Water
Flood Zone No
Zoning R-3 Residential Apartment/Townhouse District
Status Active
Property Type C
Unit Number 5
Property SubType Residential
Financing Available Cash Conventional
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* Excluded Features
List By
Scenic South Properties, Llc

Broker

brendajeanhomes@gmail.com

Email

Affordability Calculator

$21,260
Per Month
99%
1%
0%
Monthly Principal & Interest
$20,956
Monthly Property Taxes
$304
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4111757 Elementary School
1547968 Middle School
Ooltewah High School High School
Pricing History
DatePricePrice ChangeDescription
1/17/2024$3,000,000 Listed Price

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8074 Old Lee Hwy # 5, Ooltewah, TN, 37363 is a Lots and Land for sale at $3,000,000 with a lot size of 12.26. 8074 Old Lee Hwy # 5 is a studio with 0.0 baths. The property's zip code is 37363 which is in Ooltewah, TN