Development Acreage, APD 40 Cleveland TN

Vacant Land for Sale
Catylist Listing ID: 30501720
Property Subtypes: Hospitality, Multi-Family, Retail, Self Storage
Gross Land Area: 14 Acres
Sale Price: $135,000 Per Acre
Total Price: $1,890,000
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2021

Overview / Comments

Development Acreage at APD 40 at Stone Lake Interchange. 14 +/- Acres Zoned Highway Commercial. Located on the new APD 40 (State Hwy 64) Interchange to serve the new Cleveland / Bradley County Industrial Park. 3/4 mile from I-75 at Exit 20. These interchanges have been newly installed and designed for high capacity traffic and growth. The lot is mostly level, cleared and has exceptional visibility from APD 40 and the on-ramp / off-ramps.

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Additional Details

Nearest MSA: Cleveland
County: Bradley
Taxing Authority: City of Cleveland, Bradley County TN
Tax ID/APN: 056 051.00 000
Property Located Between: I-75 and Hwy 11, on APD 40
Property Visibility: Excellent
Largest Nearby Street: APD 40 / Hwy 64
Feet of Frontage: 1,085
Highway Access: APD 40 at Stone Lake Interchange. 3/4 mile to I-75 at Exit 20.
Airports: Chattanooga Municipal. Cleveland Municipal.
Site Description: Level to sloping, cleared.
Easements Description: Some portion of the property is affected by Gas Line Easement. Electric.
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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 17,888 53,205
Median Age: 35.95 37.53
Households: 7,071 20,869
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Contact

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John Mitchum

RE/MAX Renaissance Realtors Greater Chattanooga REALTORS® Member
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