Commercial Lot on Dalton Pike Near Walmart

Vacant Land for Sale
Catylist Listing ID: 30033871
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 0.87 Acres
Sale Price: $150,000
Unit Price: $172,413 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2017

Overview / Comments

Property features a mostly level 0.87 acre parcel on Dalton Pike in Cleveland, TN. Convenient location just 0.5 mile from a high commercial area with major tenants like Walmart, Walgreens and Advanced Auto Parts. With APD-40 (US 64 Bypass) just 1 mile from property, this location experiences high traffic volume and has become a popular destination for retail and office use tenants.Dalton Pike has recently undergone a 2 year project to widen the road to 5 lanes with a dedicated turning lane. Parcel was previously occupied by a single-family home but it was recently demolished due to the increase in demand for commercial property in this area. Site is adjacent to a self-storage facility that is currently being developed. With C-2 zoning, parcel will allow for almost any general commercial use and would make a great retail/office site in particular.

Attachments & Media

Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: Bradley County
Tax ID/APN: 066I I 006.00
Zoning: C-2
Property Located Between: APD-40 (US-64 Bypass) and Dalton Pike
Property Visibility: Good
Largest Nearby Street: Dalton Pike
Feet of Frontage: 155
Traffic/Vehicle Count: 10,500
Highway Access: APD-40 (US 64 Bypass) - 0.5 mile; Interstate 75 - 5.5 miles
Airports: Cleveland Regional Jetport - 8.4 miles
Site Description: Site is mostly level, approximately 0.87 acre parcel, 155 ft. of frontage along Dalton Pike, lot dimensions are 155 ft. x 203.63 ft., according to FEMA, site considered to be out of the Flood Plain
Area Description: Site is right off APD-40 (US 64 Bypass) and near the main commercial strip in the area. Nearby retailers include Walmart, Walgreens, Zaxby's, Dollar Tree, McDonalds and Tennessee Valley Credit Union. Cleveland is considered to be one of the fastest growing metropolitan areas in both Tennessee and the nation, with two German companies investing one billion dollars eeach in new manufacturing plant. Cleveland is also the 5th largest industrial city in the state with 13 fortune 500 manufacturers, such as Duracell, Whirlpool, Rubbermaid and Coca-Cola Refreshments USA Inc. Cleveland is also home to Coppertone, Dr. Scholl, Kenmoore, Tappan Appliance and Orvis Blazer.
Lot Frontage: 155 Feet
Lot Depth: 203.63 Feet
Topography: Level

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,572 27,738 51,175
Median Age: 36.8 34.62 35.92
Households: 2,492 10,839 19,723

Contact

Photograph of Listing Agent

Joe M Pleva

KW Commercial GCAR CMLS Member
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