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Retail Outparcel Land Opportunity
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4503 Georgetown Rd NW, Cleveland, TN 37312

New retail outparcel is available adjacent to a Food City opening, with a planned signal at the main intersection.

Lot Size2.74 Acres
Days on Market607

Property Features for 4503 Georgetown Rd NW

General Information

Standard status Active
Lot size 2.74 Acres
Property subtype LAND
Listing Agency: SVN | Second Story RE Management
Listed By: Hunter Myers · License ##358780
Source: Moodyscre
Added: Dec 3, 2024 Changed: Jul 27 Last Checked: Aug 1 at 12:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Second Story RE Management

Investment Insights

Based on property information with market context.

A new retail outparcel is available for purchase adjacent to a Food City scheduled to open in late summer 2024. Food City has acquired the land between Candies Creek Elementary School and Dollar General and is currently under construction on its new store.

The City and TDOT have approved a signal at the main intersection, and it is now being designed. The road segment that will provide access to the outparcel is planned to become public once completed. Stormwater detention for the area is covered by a regional detention basin to the south below the elementary school, while stormwater quality will need to be provided by the outparcel developer.

This is a straightforward opportunity for buyers seeking a dedicated site adjacent to a major grocery anchor and improved intersection controls as the project progresses.

Key Highlights

  • New retail outparcel for sale adjacent to Food City’s new store site
  • Food City land between Candies Creek Elementary and Dollar General has been purchased and is under construction
  • Food City new store opening date set for July 1, 2024

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick HVAC Service Auto Repair Shop Storage Facility Garden Center Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

Demographics for 37312, TN

36,291
Population
15,023
Households
2.4
Avg Household Size
42
Median Age
36%
College-Educated
93%
High-School Grad
64.4 sq mi
ZIP Area
564
Density / Sq Mi
$75,369
Median Household Income
$41,148
Median Earnings
$1,080
Median Rent
$270,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - New retail outparcel is available adjacent to a Food City opening, with a planned signal at the main intersection.
Where is this commercial land located?
The property is located at 4503 Georgetown Rd NW Cleveland, TN.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: New retail outparcel for sale adjacent to Food City’s new store site; Food City land between Candies Creek Elementary and Dollar General has been purchased and is under construction; Food City new store opening date set for July 1, 2024
(678) 787-5019 Call to check price and availability
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