2500 Executive Park Drive NW Cleveland, TN 37312
COMMERCIAL - Cleveland, TN
Property Features for 2500 Executive Park Drive NW
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Parking Lot
- Interior features
- Walk-In Shower, Storage, High Ceilings, Crown Molding, Bookcases, Built-in Features, Cathedral Ceiling(s)
- Exterior features
- Rain Gutters
- Appliances
- Dishwasher, Electric Range, Microwave, Refrigerator
- Standard status
- Active
- APN
- 041c E 001.09
- Size
- 4,342 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4339
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1986
- Flooring type
- Hardwood, Tile, Vinyl
- Building materials
- Brick
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Cristy Schuch License #351771 (423) 650-6856
Listing office Bridge Real Estate Group 295 Inman St E, Cleveland, TN (423) 479-8721
Listing date Mar 3, 2026
Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The top floor features a renovated penthouse residence with approximately 1,585 square feet, positioned separately from the commercial spaces below for added privacy. The penthouse is presented as suitable for high-end short-term rental use, executive housing, or an owner-occupant residence.
With a total building size of approximately 4,342 square feet on an approximately 0.3-acre lot, this is a single building configured to combine leased office space with an added, separately situated residential unit.
Key Highlights
- Renovated penthouse apartment on top of the building offers 1,585 SF
- All suites are currently leased out, providing income‑producing occupancy
- Brick construction with shingle roof; interior includes high ceilings and crown molding
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.5k | $14.40 |
| − Vacancy | −$3.8k | −$0.88 |
| EGI | $58.7k | $13.52 |
| − OpEx | −$26.4k | −$6.08 |
| NOI | $32.3k | $7.44 |
