Industrial Warehouse and
4215 Old Tasso Road NE Cleveland, TN 37312
For Sale
$380,000
COMMERCIAL - Cleveland, TN
Property Size4,985 SF
Lot Size0.34 Acres
Price / SF$76.23
Days on Market86
Property Features for 4215 Old Tasso Road NE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Industrial
Parking
8
Interior features
Storage, High Ceilings, Granite Counters
Exterior features
Dock
Appliances
Electric Water Heater
Standard status
Active
APN
042 02000 000
Size
4,985 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Annual Amount
747
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1935
Flooring type
Concrete, Vinyl
Building materials
Aluminum Siding, Wood Siding
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Bender Realty
(423) 472-2173
Listed By:
Adam Hammond · License #333299
(423) 464-1812
Added: May 4
Changed: Jul 28
Last Checked: Jul 28 at 8:06PM
MLS# 20262369
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.
Industrial warehouse and shop renovated in 2021, offering a spacious interior with 10.5-foot high ceilings and concrete floors. The building includes two half-baths and a large shed in the back, and it is equipped with both single-phase and three-phase electrical service rated at 400 amps. Two roll-up garage doors with openers support practical loading and access, and a loading dock adds flexibility for light industrial operations.
The property is zoned Industrial and is served by city sewer and water, with gas available at the street. Parking is available at the front with up to eight spaces, and there is a fenced boundary with security cameras.
The property is tenant occupied under a modified net lease structure, with the tenant paying all utilities and expenses.
The property is zoned Industrial and is served by city sewer and water, with gas available at the street. Parking is available at the front with up to eight spaces, and there is a fenced boundary with security cameras.
The property is tenant occupied under a modified net lease structure, with the tenant paying all utilities and expenses.
Key Highlights
- Warehouse/shop renovated in 2021 with high 10.5‑ft ceilings and concrete floors
- Two roll‑up garage doors with openers plus a loading dock for convenient access
- Electrical service includes 400 amp single‑phase and 3‑phase power
Financial Insights For Warehouse
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 | $38.7k | $7.76 |
| − Vacancy | −$1.0k | −$0.21 |
| EGI | $37.6k | $7.55 |
| − OpEx | −$5.6k | −$1.13 |
| NOI | $32.0k | $6.42 |
4,985 SF · lease $7.76/SF/yr · vacancy 2.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$457.0K
$399.9K – $533.2K
NOI $31,993 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$915.3K – $1.22M
NOI $73,220 @ 7.0% cap · market cap 19.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- 24Hour Self Storage - Stuart — 1475 Stuart Rd NE, Cleveland, TN 37312
- A Plus Moving — 1510 Stuart Rd NE suite 118, Cleveland, TN 37312
- Stuart Road Storage — 1600 Stuart Rd NE Suite 2, Cleveland, TN 37312
- Storage Park — 3917 Michigan Ave Rd NE, Cleveland, TN 37323
- Cleveland Boat & RV Storage — 3686 Michigan Ave Rd NE, Cleveland, TN 37323
Frequently Asked Questions
What type of property is this?
Warehouse - Renovated 2021 warehouse with high ceilings, roll-up doors, loading dock, shed, and fenced security.
Where is this warehouse located?
The property is located at 4215 Old Tasso Road NE Cleveland, TN.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Warehouse/shop renovated in 2021 with high 10.5‑ft ceilings and concrete floors; Two roll‑up garage doors with openers plus a loading dock for convenient access; Electrical service includes 400 amp single‑phase and 3‑phase power
