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    6358 Waterlevel Hwy Cleveland, TN 37323

    For Sale
    $650,000

    High-Income Potential, 1.68 Acres

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional investment opportunity encompasses a thriving RV and boat storage business situated on a prime 1.68-acre waterfront lot at 6358 Waterlevel Highway, Cleveland, TN. The property boasts a sturdy 16-space pole barn providing 48 uncovered storage spaces, with significant expansion potential to increase revenue. A 1,200 sq ft office building includes two offices (13'x12' with kitchenette and 13'x14.6' with half-bath), two garage bays (8'x10' and 10'x10' with 220-volt electric), and ample overhead storage. The property features enhanced security with perimeter fencing, security lighting, and two electronic gates. A recently installed well supplements public water availability. Two septic systems and a pump system are in place. An additional 18' x 20' fully insulated storage building with double doors offers further storage capacity. The C2 zoning allows for diverse usage options, presenting opportunities for expansion or alternative business ventures. One existing RV hookup with power and sewer is available, and the addition of an RV dump station is a viable expansion option. This high-traffic location presents a remarkable opportunity for a buyer to capitalize on existing revenue streams and explore further income generation strategies. The owner is motivated to sell and ready for retirement.

    Property Features for 6358 Waterlevel Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,200 SF
    Lot Size
    73,181 SF

    Building Details

    Year Built
    2003
    Insight Report Location Intelligence

    Current Use by Public Records

    American Sentry Storage ... Boat Storage Facility

    Suggested Use

    Spa & Massage Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness Storage Facility Furniture Store Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.75047
    Latitude
    35.13239

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    FAQs

    What type of property is this?
    Commercial real estate - High-Income Potential, 1.68 Acres
    Where is this commercial real estate located?
    The property is located at 6358 Waterlevel Hwy Cleveland, TN.
    What is the asking price?
    The asking price for this property is $650,000.
    (423) 479-8721
    Request Owner's contact information
    6358 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
    6358 Waterlevel Hwy Cleveland, TN 37323
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