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    Spring Place Rd Cleveland, TN 37323

    For Sale
    $325,000

    3.3-Acre C2 Zoned Lot - Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    Investors, take note! This exceptional 3.3-acre commercial lot presents a remarkable opportunity in Cleveland, Tennessee. Strategically positioned at the high-traffic intersection of State Route 74 (Spring Place Road) and State Route 313 (Ladd Springs Road), this property boasts unparalleled visibility and accessibility. Zoned C2, it's ideally suited for a diverse range of commercial ventures, including retail establishments, office spaces, or mixed-use developments. The property has already undergone a percolation test, and the results are available upon request. Furthermore, existing site plans are readily accessible, significantly expediting the development process. This surveyed lot in southeastern Bradley County offers a streamlined path to realizing your commercial vision. Its prime location and C2 zoning ensure significant potential for return on investment. Don't miss this chance to acquire a highly desirable commercial property in a thriving area. Contact us today to learn more and schedule a viewing. All necessary documentation, including the perc test results and site plans, is available for review. This is a turnkey opportunity for immediate development.

    Property Features for Spring Place Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    143,748 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.83044
    Latitude
    35.11284

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    FAQs

    What type of property is this?
    Commercial real estate - 3.3-Acre C2 Zoned Lot - Prime Location
    Where is this commercial real estate located?
    The property is located at Spring Place Rd Cleveland, TN.
    What is the asking price?
    The asking price for this property is $325,000.
    (423) 476-5532
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    Spring Place Rd 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
    Spring Place Rd Cleveland, TN 37323
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