Vacant Land For Sale in Ooltewah

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30268091
Property Subtypes: Agricultural
Status: Pending/Contingent
Gross Land Area: 13 Acres
Sale Price: $780,000
Unit Price: $60,000 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2019

Overview / Comments

DEVELOPERS: Perfect residential or multi-family development with approximately 13 acres. Mostly level with some woods. This property is on septic and zoned A1. Development would need to be rezoned.

Adjoining this property in the back is an additional 20 acres zoned C2 which fronts Old Lee Highway and Blue Bell. Sewer is available at the corner of Old Lee Hwy and Old Cleveland Pike. The combination of these properties could give a developer access to sewer and a dream of a development.

Bork Memorial is the best hidden secret in the area for development. The convenient location of this property being minutes away from VW Exit, Apison Pike and I 75 makes is extremely desirable.

Nearby traffic counts range from 7830 on Old Lee Highway off I75 to 5070 on Old Lee Hwy off Volkwagen Drive.

Yearly taxes are $940.89.

Zoned for Wolftever Elementary, Ooltewah Middle, and Ooltewah High School.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Taxing Authority: Hamilton County
Tax ID/APN: 140 020
Zoning: A-1
Property Located Between: Pattentown and Blue Bell
Property Visibility: Excellent
Legal Description: Pt Ne 1/4 Sec 25 Twp 5 R3
Largest Nearby Street: Old Lee Hwy
Feet of Frontage: 675
Highway Access: I 75
Airports: Chattanooga Metropolitan
Site Description: Owner lives on the property. Two homes. Did not give homes value. Only the land.
Area Description: Residential, light commercial close by.
Lot Frontage: 675
Lot Depth: 930
Zoning Description: Agricultural
Topography: Level
Available Utilities: Electric, Water
Water Service: Municipal
Sewer Type: Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,754 31,568 91,814
Median Age: 38.8 38.91 39.74
Households: 656 11,336 36,390


Photograph of Listing Agent

Judy Webster

Keller Williams Realty Greater Chattanooga REALTORS® Member
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