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8001 Old Lee Hwy - 5 Pad-Ready Commercial Lots @ Exit 9 on I-75 1.22 - 2.65 Acre Commercial Land Lots Offered at $450,000 - $900,000 Per Lot in Ooltewah, TN 37363

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INVESTMENT HIGHLIGHTS

  • Pad-ready development sites along Old Lee Hwy in Chattanooga’s Ooltewah/East Brainerd corridor for retail, medical, hospitality, services, and more.
  • 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.
  • Less than 20 minutes from Downtown Chattanooga and close to major employers and retail centers, positioned for steady year-round activity.
  • In front of a new 300-unit apartment community with shared entry, the property offers a ready-made customer base within walking distance.
  • 5-mile trade area is projected to reach nearly 89,000 residents by 2029, with current annual consumer spending already exceeding $1.1 billion.
  • Five lots with proposed plans for retail, hotel, and self-storage uses create opportunities to serve the surrounding community and broader markets.

EXECUTIVE SUMMARY

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 300-unit Reflection Pointe 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.

Spanning an estimated gross total of 9.22 acres, the development is divided into five individual lots with proposed plans for four new buildings, creating the potential for a dynamic hub of restaurants, retail shops, lodging, and service-oriented businesses. Situated off Interstate 75 at Exit 9, the property offers excellent visibility and connectivity with convenient access to Enterprise South Industrial Park, less than 2 miles away. Home to some of the area’s largest employers and more than 2,800 acres of preserved green space with hiking, biking, and horseback trails, Enterprise South further strengthens the site’s position in the regional growth corridor.

Located 0.37 miles from Interstate 75 via Apison Pike, an interchange with an estimated traffic count of over 80,000 vehicles per day (VPD), the property connects quickly 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), and the Tennessee Valley Railroad Museum (6.8 miles).

Less than 20 minutes from Downtown Chattanooga, 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. Employers like Erlanger Health System, BlueCross BlueShield of Tennessee, Unum, and Amazon are all within a short drive, further boosting daily traffic. 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.

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.

OFFERING MEMORANDUM

PROPERTY FACTS

Price $450,000 - $3,300,000
Sale Type Investment
No. Lots 5
Property Type Land
Property Subtype Commercial
Proposed Use
Office
  • Hospitality
  • Convenience Store
  • Hotel
  • Restaurant
  • Self Storage
Total Lot Size 9.22 AC
Zoning C-2 - Commercial

5 LOTS AVAILABLE

Lot 1

Price $450,000
Price Per AC $368,852.46
Lot Size 1.22 AC

Pad-ready and ideal for an approx. 12,000-square-foot retail building with Lot 2. Suitable for coffee shops, QSRs, grocers, fitness, medical, lifestyle, and boutique uses. Note: Estimated acreage includes shared roadway and detention pond.

Lot 2

Price $450,000
Price Per AC $365,853.66
Lot Size 1.23 AC

Pad-ready and ideal for an approx. 12,000-square-foot retail building with Lot 1. Suitable for coffee shops, QSRs, grocers, fitness, medical, lifestyle, and boutique uses. Note: Estimated acreage includes shared roadway and detention pond.

Lot 3

Price $900,000
Price Per AC $339,622.64
Lot Size 2.65 AC

Pad-ready site proposed for hotel or hospitality development. Located in a fast-growing Chattanooga suburb near I-75, Volkswagen, and Amazon. Note: Estimated acreage includes shared roadway and detention pond.

Lot 4

Price $900,000
Price Per AC $459,183.67
Lot Size 1.96 AC

Pad-ready site for hotel or hospitality development, offering strong traffic and occupancy potential amid Chattanooga’s tourism and business growth. Note: Estimated acreage includes shared roadway and detention pond.

Lot 5

Price $600,000
Price Per AC $277,777.78
Lot Size 2.16 AC

Pad-ready for up to a three-story, approx. 67,200-square-foot climate-controlled self-storage facility. In a growing Chattanooga suburb with strong residential and commercial demand. Note: Estimated acreage includes shared roadway and detention pond.

NEARBY AMENITIES

RETAIL

Edward Jones Finance Company 12 min walk

HOTELS

SpringHill Suites
106 rooms
7 min drive
WoodSpring Suites
124 rooms
7 min drive
Tru by Hilton
90 rooms
9 min drive
Drury Plaza Hotel
210 rooms
9 min drive
Homewood Suites by Hilton
76 rooms
9 min drive
aloft Hotel
135 rooms
13 min drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
140-001.01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$93,800

SALE ADVISORS

SALE ADVISORS

Travis Hulsey, Associate Broker
Travis Hulsey has over 20 years of experience in the commercial real estate and property management fields. He is a technical strategic sales practitioner with a demonstrated history of working in commercial real estate, and Land transactions. Mr. Hulsey's is involved with the Realtors Land Institute and the Urban Land Institute. He's also a land specialist and is skilled in negotiation, team construct, operations management, relationship building, sales, property management, and client development. Travis is proficient in sales, Green Belt Six-Sigma, operations in lean manufacturing, and is a Commercial Real Estate (CRE) Consultant. Travis is also an Accredited Commercial Professional (ACP)
Geoff Ramsey, Broker
Geoff Ramsey is a broker with Real Estate Partners Chattanooga East. Mr. Ramsey primarily operates in the Chattanooga market.
  • Listing ID: 37422174

  • Date on Market: 8/26/2025

  • Last Updated:

  • Address: 8001 Old Lee Hwy, Ooltewah, TN 37363

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