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    632 Inman St Cleveland, TN 37311

    For Sale
    $399,900

    High-traffic corner lot, ample space, two parcels included.

    Property size:
    2,536 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional mixed-use property presents a unique investment opportunity in Cleveland, TN's vibrant downtown area. Strategically positioned at the gateway to the city, just off APD 40 and Highway 64, this property boasts high visibility and accessibility. The main building offers 2,536 square feet of versatile space, previously utilized as a car lot. Key features include a five-bay garage, substantial storage areas, and an office section comprising a large reception area, two smaller offices, and a bathroom. One area is already plumbed for an additional bathroom. The property sits on a combined 0.92-acre lot, encompassing two parcels. The inclusion of an adjoining vacant lot significantly enhances the development potential. This property is situated within the Inman East Corridor Plan, suggesting future growth and development opportunities. The combined acreage and existing building provide a solid foundation for a variety of commercial uses, from automotive-related businesses to retail or light industrial operations. The property's location and size make it an attractive proposition for investors seeking a well-positioned asset in a growing Tennessee city. Parcel numbers include 057D K 012.01.

    Property Features for 632 Inman St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,536 SF
    Lot Size
    28,750 SF

    Building Details

    Year Built
    1977
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.868
    Latitude
    35.1553

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic corner lot, ample space, two parcels included.
    Where is this mixed-use property located?
    The property is located at 632 Inman St Cleveland, TN.
    What is the asking price?
    The asking price for this property is $399,900.
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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
    632 Inman St Cleveland, TN 37311
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