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26911975
26911974

Lot 2 - Old Lee Highway, Ooltewah, TN 37363

TH
TN 302003
Real Estate Partners Chattanooga LLC
GR
TN 251055
Real Estate Partners Chattanooga LLC
Listed by Real Estate Partners Chattanooga LLC
$450,000
270 days on market
Updated 54 days ago

LOT 2 of 8001 Old Lee Hwy Development at Exit 9 on I-75

Details
APN 140-001.01
Property Type Land
Sub Type Commercial
Broker Co-Op Yes
Acreage 1.230
Zoning C-2
Ownership Ecit 9 Mountain Development , LLC

LOT 2 of Commercial Land Development at Exit 9 on I-75

Marketing description

Premier pad-ready development opportunities await along Old Lee Highway in Chattanooga’s thriving Ooltewah/East Brainerd corridor of Hamilton County. Positioned for various commercial uses, including retail, medical, climate-controlled self-storage, hospitality, and more, these sites serve one of the fastest-growing areas in the region.

Directly in front of the new Reflection Pointe 300-unit apartment community, the property shares convenient ingress and egress, delivering a built-in customer base from day one. The surrounding area is experiencing an impressive surge in multifamily development, with communities such as The Jewel at Summit Pointe and Hawthorne at the Crest adding to the vibrant residential landscape just down the road.

Divided into five individual lots with proposed plans for four new buildings, the property creates the potential for a dynamic hub of restaurants, retail shops, lodging, and service-oriented businesses. Situated 0.37 miles from Interstate 75 via Apison Pike, an interchange with an estimated traffic count of over 80,000 vehicles per day (VPD), this location offers exceptional visibility and connectivity.

By 2029, the 5-mile trade area is expected to reach a population of 88,774, with total specified consumer spending already topping $1.1 billion annually. Employers like Erlanger Health System, Volkswagen, BlueCross BlueShield of Tennessee, Unum, and Amazon are all within a short drive, further boosting daily traffic.

Less than 20 minutes from Downtown Chattanooga and near primary retail destinations like the Hamilton Place Mall at Exit 5 on Interstate 75, this development enjoys access to a powerhouse lineup of national and regional retailers, including Walmart Supercenter, Lowe’s, Best Buy, Dillard’s, Target, and more. Local attractions and abundant outdoor recreation contribute to steady tourism and year-round economic activity.

Now is the time to secure a space in this flourishing commercial corridor, poised to become part of one of Chattanooga’s newest premier live, work, and play destinations.

Spanning an estimated gross total of 9.22 acres, this development site offers a prime, centrally located opportunity with multiple building sites just off Interstate 75 at Exit 9. Situated in the northeast section of Hamilton County, the property is less than 2 miles from Enterprise South Industrial Park, home to some of the area’s largest employers. Enterprise South also features 2,800 acres of green space with nine hiking and biking trails and two horseback riding trails. The site provides excellent connectivity to key destinations, including Hamilton Place Mall (4.7 miles), Chattanooga Metropolitan Airport (7.6 miles), Amazon Fulfillment Center (3.5 miles), Volkswagen Chattanooga (2.6 miles), Tennessee Valley Railroad Museum (6.8 miles), and Downtown Chattanooga (16 miles).

Investment highlights

  • Pad-ready development sites along Old Lee Hwy in Chattanooga’s Ooltewah/East Brainerd corridor for retail, medical, hospitality, services, and more.

  • In front of a new 300-unit apartment community with shared entry, the property offers a ready-made customer base within walking distance.

  • Located 0.37 miles from Interstate 75, with traffic counts of more than 80,000 VPD, the site benefits from consistent local and regional traffic flow.

  • 5-mile trade area is projected to reach nearly 89,000 residents by 2029, with current annual consumer spending already exceeding $1.1 billion.

  • Less than 20 minutes from Downtown Chattanooga and close to major employers and retail centers, well-positioned for steady year-round activity.

  • Five lots with proposed plans for retail, hotel, and self-storage uses create opportunities to serve the surrounding community and broader markets.

Listing Contacts

TH
TN 302003
Real Estate Partners Chattanooga LLC
GR
TN 251055
Real Estate Partners Chattanooga LLC
Listed by Real Estate Partners Chattanooga LLC

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