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Prime Commercial Land Opportunity

2442 Dalton Pike, Cleveland, TN 37323

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For Sale

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9+ acre commercial land in a high-traffic location.

Type:Land

Lot size:

9.00 Acres

HighLights

Prime commercial location with high visibility from ADP 40 HWY (31,000 VPD) and frontage on Dalton Pike (620 ft) and Buchanan Circle (615 ft).
Located in a rapidly growing commercial and residential area with a trade area exceeding 90,000 people and combined traffic count of 40,000+ vehicles/day.
Surrounded by national merchants (Walmart, Walgreens, KFC, etc.) within a 1/2‑mile radius.
Development of ALDI store and retail plaza across the street, plus 120+ townhouse units nearing completion behind the site.
Potential easement with Super Walmart.
Currently generating $4,000/month from 4 residential rental houses on month‑to‑month contracts.

We can help!

Listing Contact

Henry J. Pham

For Sale

Contact for pricing

9+ acre commercial land in a high-traffic location.

Type:Land

Lot size:

9.00 Acres

Added:: Apr 22, 2017
Days on Market:: 3338
Last Refresh:: May 19 at 8:36 pm

Property Features for 2442 Dalton Pike

General Information

Standard status: Active
Lot size: 9.00 Acres
Property subtype: Land

We can help!

Listing Contact

Henry J. Pham

Listing agent Henry J. Pham License #TN 337784

Listing office HJP investment LLC

Listing date Apr 22, 2017

Source Crexi

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 HJP investment LLC

HighLights

Prime commercial location with high visibility from ADP 40 HWY (31,000 VPD) and frontage on Dalton Pike (620 ft) and Buchanan Circle (615 ft).
Located in a rapidly growing commercial and residential area with a trade area exceeding 90,000 people and combined traffic count of 40,000+ vehicles/day.
Surrounded by national merchants (Walmart, Walgreens, KFC, etc.) within a 1/2‑mile radius.
Development of ALDI store and retail plaza across the street, plus 120+ townhouse units nearing completion behind the site.
Potential easement with Super Walmart.
Currently generating $4,000/month from 4 residential rental houses on month‑to‑month contracts.

Overview

This 9+ acre commercial land is located within city limits and offers high visibility from ADP 40 HWY, with a traffic count exceeding 31,000 vehicles per day. Situated at the corner of Dalton Pike and Buchanan Circle, the property features 620 feet of frontage on Dalton Pike and 615 feet on Buchanan Circle. The location is surrounded by national merchants, including Super Walmart, Food City, Walgreen, KFC, MacDonald, Wendy's, and several regional banks and auto parts stores, all within a half-mile radius. Buchanan Apartment Way, with 118 units, is located behind the property, making Dalton Pike and Buchanan Circle the main access route to the complex. The property is zoned CH and is located in Cleveland, Bradley County. Currently, there are four residential rental houses on the property generating $4,000 per month on month-to-month contracts, offering income during the transitional phase from planning to development. The site is located in the fastest-growing commercial and residential area, with a trade area exceeding 90,000 people and direct access to ADP 40 and Dalton Pike, combining for over 40,000 vehicles per day. Across from the property, an ALDI store and a retail plaza are under development, and behind the ALDI site, 120+ townhouse units are nearing completion. Build-to-suit and joint venture opportunities are available. Cleveland is the 5th largest industrial city in Tennessee and is home to 12 Fortune 500 manufacturers. Forbes and Business Week have recognized Cleveland as a top community for business and family life. Lee University and Cleveland State College are located in Cleveland.

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

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Local Demand

City: Cleveland
County: Bradley
State: Tennessee
Longitude: -84.86813
Latitude: 35.12946

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For sale
Commercial land
TN
Cleveland
37323
2442 Dalton Pike

What type of property is this?

Commercial land - 9+ acre commercial land in a high-traffic location.

Where is this commercial land located?

The property is located at 2442 Dalton Pike Cleveland, TN.

What is the asking price?

The asking price for this property is $5,500,000.

What are key features of this property?

This property features: Prime commercial location with **high visibility from ADP 40 HWY (31,000 VPD)** and frontage on Dalton Pike (620 ft) and Buchanan Circle (615 ft).; Located in a rapidly growing commercial and residential area with a trade area exceeding 90,000 people and combined traffic count of 40,000+ vehicles/day.; Surrounded by national merchants (Walmart, Walgreens, KFC, etc.) within a 1/2‑mile radius.