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    1924 Westland Dr Cleveland, TN 37311

    For Sale
    $7,140,000

    30-Acre Subdivision, I-75 Access, High Potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    Exceptional investment opportunity awaits with Westland Ridge, a 30-acre subdivision currently under development in Cleveland, Tennessee. Projected completion is December 2025. This prime location offers 90 lots ideal for residential and multi-family development. The property boasts convenient access to Interstate 75 via Exit 20, ensuring excellent connectivity for future residents. All underground utilities are included, simplifying construction and reducing development costs. The strategic positioning makes this an attractive proposition for both national and regional homebuilders seeking to capitalize on the growing demand for housing in the area. The comprehensive infrastructure and prime location combine to create a compelling investment opportunity with significant long-term growth potential. This is a confidential offering, perfect for developers seeking a substantial and well-positioned project. All inquiries will be treated with the utmost discretion. The asking price for this exceptional 30-acre development is $7,140,000. Don't miss this chance to secure a premier development site in a thriving market.

    Property Features for 1924 Westland Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,306,800 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Pharmacy Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley County, TN
    State
    Tennessee
    Longitude
    -84.90041
    Latitude
    35.14415

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    FAQs

    What type of property is this?
    Commercial real estate - 30-Acre Subdivision, I-75 Access, High Potential.
    Where is this commercial real estate located?
    The property is located at 1924 Westland Dr Cleveland, TN.
    What is the asking price?
    The asking price for this property is $7,140,000.
    (423) 303-1200
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    1924 Westland Dr Cleveland, TN 37311
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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
    1924 Westland Dr Cleveland, TN 37311
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