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33763584
33763583

15 McLemore Lane, Ringgold, GA 30736

IO
GA 153703
Real Agents Realty Company
JT
GA 434672, TN 373611
Real Agents Realty Company
Listed by Real Agents Realty Company
$349,000
15 days on market
Updated 15 days ago

±2.92 AC Commercial Development Site -- ±550' US-41 Frontage

Details
APN 0036A109
Property Type Land
Sub Type Commercial, Residential (+1)
Units 1
Price Per Acre $119,521
Broker Co-Op True
Year Built 1972
Stories 1
Acreage 2.920
Zoning R-1
Investment Type Redevelopment
Ownership Fee Simple
Sale Condition N/A

±2.92 AC HWY corner site, ±550' frontage on US-41/SR 3 -- adjacent to $113M GDOT widening project

Marketing description

Prime ±2.92-acre development opportunity at the corner of US Highway 41 / SR 3 and Ross Hollow Road in Ringgold, Georgia. The property offers approximately 550 feet of frontage along US-41/SR 3 and an additional 565 feet of frontage along Ross Hollow Road -- providing high-visibility frontage on a corridor carrying 6,040 AADT (2024).

GDOT Widening Project -- A Catalyst for Value

The property is positioned directly within GDOT's planned US-41/SR 3 widening project (Project #0013591), a $113.2 million investment to improve safety, capacity, and operational performance along the corridor. Specific improvements at the property's frontage include a northbound right-turn lane and southbound left-turn lane at the Ross Hollow Road intersection, an additional westbound approach lane on Ross Hollow Road, and widening of SR 3 to three lanes with a two-way left-turn lane fronting the site. Without the widening project, US-41/SR 3 at Ross Hollow Road is projected to reach Level of Service F (failing grade) by 2058 -- the planned improvements address current and future capacity needs at the property's intersection. Right-of-way acquisition is programmed for FY 2033 with construction in FY 2035.

Zoning & Use Potential

Currently zoned R-1 Residential with single-family residential use permitted by right. The property's highway frontage, traffic counts, and surrounding commercial context support potential for rezoning to commercial or industrial use, subject to Catoosa County approval. Potential alternative uses include Industrial Outdoor Storage (IOS), contractor yard, mini storage, highway/tourist service, or other commercial development.

Location

Ringgold, GA — Catoosa County. Minutes from I-75 Exit 348 / Battlefield Parkway, approximately 20-25 minutes from Chattanooga, TN, and approximately 25-30 minutes from Hamilton Place Mall.

Buyer Diligence

The property is subject to a pending GDOT right-of-way taking along the US-41 and Ross Hollow Road frontage; final extent and valuation to be determined. Buyer to verify all property details, utilities, zoning, and intended use with Catoosa County.

Full GDOT project details available at: sr-3-safety-op-improvements-0013591-gdot.hub.arcgis.com

Investment highlights

  • ±2.92 acres at corner of US-41/SR 3 and Ross Hollow Road
  • ±550' frontage on US-41/SR 3 (6,040 AADT, 2024)
  • ±565' frontage on Ross Hollow Road
  • $113.2M GDOT widening project (Project #0013591) programmed for the corridor
  • GDOT improvements at the property's intersection: northbound right-turn lane, southbound left-turn lane, two-way left-turn lane fronting site
  • Minutes to I-75 Exit 348 / Battlefield Pkwy
  • Currently R-1; commercial/industrial rezoning potential
  • Suited for highway/tourist service, IOS, contractor yard, or development

Listing Contacts

IO
GA 153703
Real Agents Realty Company
JT
GA 434672, TN 373611
Real Agents Realty Company
Listed by Real Agents Realty Company

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Additional Information

Name
Jeremy Thacker
License
GA 434672
Brokerage
Real Agents Realty Co.
Brokerage Phone
706.965.7325
Title
Broker of Record
Brokerage Address
7831 Nashville St Ringgold, GA 30736
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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