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Commercial Land with Office Building
For Sale
$707,000

4478 4580 Waterlevel Highway, Cleveland, TN 37323

LAND - Cleveland, TN

Property SizeContact for details
Lot Size7.55 Acres
Days on Market96

Property Features for 4478 4580 Waterlevel Highway

General Information

Property type Land
Property subtype Other
Lot features Wooded, Cleared, Wooded, Cleared
Elementary school Taylor
Middle school Lake Forest
High school Bradley Central
Directions From Keith Street turn onto 25th Street NW - this will turn into APD 40 take the Ocoee exit which is US-64 E (Waterlevel Hwy) you will keep going past the red light. Crystal Spring Rd SE will be on the right- keep going straight and look for sign on right. Gate will not be closed
Standard status Active
APN 059 10800 001
Lot size 7.55 Acres

Taxes and HOA fees

Tax Annual Amount 575

Utilities

Utilities Cable Available
Sewer type Septic Tank
Water source Public
Listing Agency: Crye-Leike REALTORS - Cleveland
Listed By: Linda Jones · License #344025
Added: May 27 Changed: Aug 4 Last Checked: Aug 30 at 9:06AM
MLS# 20262756

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.

This for-sale property includes a commercial building on approximately 7.55 acres of land. The building has a lift, along with office space and a full bathroom, supporting a range of business or storage uses. The land is described as having trails, which may appeal to users looking for off-road style enjoyment on-site.

Located in Cleveland, Tennessee, the listing notes proximity to shopping, schools, and entertainment. The property includes two addresses, 4478 and 4580 Waterlevel Highway, which can be helpful for access and identification.

The combination of acreage and an on-site commercial building with office and a full bath makes this property worth considering for buyers seeking a mixed-use setup. It may also fit buyers interested in maintaining flexible space for business activity and storage alongside outdoor areas. For buyers also considering a residential direction, the listing references the possibility of building a new home or subdividing into several homes, subject to applicable requirements.

Key Highlights

  • Large commercial building with lift, suitable for business or storage.
  • Potential for subdivision and building multiple homes.
  • Convenient location near shopping, schools, and entertainment.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply Electrical Service (Bike/Boat/Book/etc) Store Garden Center Auto Repair Shop

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

29
Businesses Nearby

Demographics for 37323, TN

31,497
Population
12,841
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
114.6 sq mi
ZIP Area
275
Density / Sq Mi
$67,538
Median Household Income
$41,922
Median Earnings
$908
Median Rent
$213,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - For-sale parcel with a large commercial building featuring a lift, plus office space and a full bathroom.
Where is this commercial land located?
The property is located at 4478 4580 Waterlevel Highway Cleveland, TN.
What is the asking price?
The asking price for this property is $707,000.
What are key features of this property?
This property features: Large commercial building with lift, suitable for business or storage.; Potential for subdivision and building multiple homes.; Convenient location near shopping, schools, and entertainment.
More about this property
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