4160 Ocoee Street N Cleveland, TN 37312
COMMERCIAL - Cleveland, TN
Property Features for 4160 Ocoee Street N
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Standard status
- Active
- APN
- 42g C 001.00
- Size
- 10,770 SF
- Lot size
- 1.47 Acres
Taxes and HOA fees
- Tax Annual Amount
- 18283
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Flooring type
- Tile, Carpet
- Building materials
- Block, Metal Siding
Listing agent Max Phillips License #203547 (423) 596-7173
Listing office Crye-Leike REALTORS - Cleveland 4627 N Lee Highway, TN (423) 473-9545
Listing date Mar 25, 2021
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 property is located at 4160 Ocoee Street N in Cleveland, Tennessee (37312) within Bradley County. The site is listed with a total lot size of 1.47 acres and an overall property size of 10,770 square feet.
For prospective buyers, this configuration provides a multi-unit office condo portfolio in a single offering, with all seven condos already in place and leased at the time of sale. The combination of multiple separately leased units and the reported near-new condition may appeal to investors seeking a structured office holding rather than a single tenant, subject to review of the leases and operating details during due diligence.
Key Highlights
- Class A office condo complex with 7 currently leased condos.
- Fantastic cash flow.
- Almost new condition and well‑constructed.
Local Financial Insights For Office B
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 | $193.9k | $18.00 |
| − Vacancy | −$34.9k | −$3.24 |
| EGI | $159.0k | $14.76 |
| − OpEx | −$39.7k | −$3.69 |
| NOI | $119.2k | $11.07 |
