Develpment Land, north Cleveland TN

Vacant Land for Sale
Catylist Listing ID: 30049245
Property Subtypes: Office, Retail, Self Storage, Other
Gross Land Area: 1.40 Acres
Sale Price: $399,900
Unit Price: $285,642 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/14/2017

Overview / Comments

Commercial Development Site in the north Cleveland Growth Corridor. This 1.4 acre site has excellent visibility along its approx. 250 ft frontage on N Lee Hwy. The cleared, level lot is suitable for installation of commercial uses such as retail, office and multi tenant strip center. This area is poised for growth with several residential communities announced and other pending. May be assembled with adjacent 1.4 acre parcel at 5440 Harpo St (see Catalyst Listing # 30049334) for a 2.8 acre development site.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: City of Cleveland, Bradley County TN
Tax ID/APN: 034D D 14.00
Zoning: COMMERCIAL
Property Located Between: Cleveland Countty Club and Charleston TN
Legal Description: Pt Lots 1 & 2; Lots 3;4;5; 6; And 1/2 Lot 7 Harper Subdivision
Largest Nearby Street: Frontage on Lee HWY, State Rt 64 / 11
Feet of Frontage: 250
Highway Access: Lee Hwy
Airports: Cleveland Regional Jetport
Site Description: Level, cleared with majority regularly shaped
Area Description: Growth Area of Cleveland TN. Moderate and High Density Residential Developments announced and Pending.
Lot Frontage: 250 +/-
Lot Depth: 190 +/-
Zoning Description: Highway Commercial
Topography: Level
Sewer Type: Municipal

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 23,389 57,059
Median Age: 40.55 37.57
Households: 9,229 22,061

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