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    5534 Waterlevel Hwy Cleveland, TN 37323

    Sponsored
    For Sale
    $1,450,000

    COMMERCIAL - Cleveland, TN

    Property size:
    31,000 SF
    Lot size:
    2.10 Acres
    Days on Market:
    103
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 5534 Waterlevel Hwy

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    059 145.02
    Size
    31,000 SF
    Lot size
    2.10 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1978
    Flooring type
    Carpet, Concrete
    Roof type
    Metal

    Crye-Leike, REALTORS (423) 892-1515 [email protected]

    Listing agent Kimberly Lewis (423) 715-7133 License #225666

    Listing date Sep 25, 2025

    Copyright © 2025 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property on Busy Highway

    This commercial property features 2.1 acres of land with approximately 31,000 square feet of buildings. Located on a busy highway, the property includes 7 roll-up doors. The office spaces are equipped with heating and air conditioning. The property is zoned for commercial use and is identified by parcel IDs 059 138.022 and 059 145.02.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store Food Market Storage Facility Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.777388
    Latitude
    35.136906

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    FAQs

    What type of property is this?
    Industrial property - 2.1 acres with 31,000+ sqft buildings, prime commercial location.
    Where is this industrial property located?
    The property is located at 5534 Waterlevel Hwy Cleveland, TN.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - 2.1 acres of commercial property on a busy highway; - 31,000 +/- square feet of buildings; - 7 roll up doors for easy access
    (423) 715-7133
    Request Owner's contact information
    5534 Waterlevel Hwy Cleveland, TN 37323
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    Cleveland, TN 37323
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5534 Waterlevel Hwy Cleveland, TN 37323
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