8074 Old Lee Hwy 5, Ooltewah

$3,000,000

0 Bed
0 Bath
12.26 Acres
0 Garage

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.

Essential Information
MLS® #1385332
Price$3,000,000
Acres12.26
TypeLand
Sub-TypeResidential
StatusActive
Community Information
Address8074 Old Lee Hwy 5
SubdivisionNone
CityOoltewah
CountyHamilton
StateTN
Zip Code37363
Amenities
FeaturesPublic Water
Utilities

Cable, Electric, Telephone, Water, Gas

Exterior
Lot DescriptionWooded
School Information
ElementaryWolftever Creek Elementary
MiddleOoltewah Middle
HighOoltewah
Zoning

E-3 Residential Apartment/Townhouse District

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Listing Courtesy Of: Scenic South Properties, LLC

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This site was last updated on April 20th, 2024 at 3:43pm