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4503 Georgetown Rd NW Cleveland, TN 37312

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Outparcel adjacent to new Food City, opening Summer 2024.

Type:Land
Added:
May 1, 2024
Days on Market:
727
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 4503 Georgetown Rd NW

General Information

Standard status
Active
Property subtype
Land

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Listing Contact
Hunter Myers

Listing agent Hunter Myers License #349455

Listing office SVN Second Story Real Estate Management- Atlanta

Listing date May 1, 2024

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 SVN Second Story Real Estate Management- Atlanta


Overview

Prime Outparcel Near New Food City

A new outparcel is available for purchase adjacent to a brand new Food City, scheduled to open in late Summer 2024. The City and TDOT have approved a signal at the main intersection, and its design is underway. Upon completion, the section of road servicing the outparcel will become public. Storm water detention quantity is covered by the regional detention basin to the South, below the elementary school. The developer of the outparcel will need to provide storm water quality measures. Food City has acquired all the land between Candies Creek Elementary School and Dollar General and is currently constructing their new store, with an opening date set for July 1, 2024. The section of Georgetown Road is planned to be four-laned, with completion expected by August 2024. It is estimated that over 30,000 vehicles per day will travel on this stretch of Georgetown Road after the road work is completed. This outparcel is ideally suited for a QSR, car wash, or other retail use. Additional details are available in the attached survey.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Starbucks Cafe & Coffee Shop

Suggested Use

Building Supply Auto Repair Shop Big Box & Wholesale Store HVAC Service Storage Facility Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Cleveland
County
Bradley
State
Tennessee
Longitude
-84.917408
Latitude
35.263785

FAQs

What type of property is this?
Commercial land - Outparcel adjacent to new Food City, opening Summer 2024.
Where is this commercial land located?
The property is located at 4503 Georgetown Rd NW Cleveland, TN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Adjacent to brand new Food City opening late Summer 2024, providing significant customer traffic.; High traffic volume expected (estimated over 30,000 VPD) after Georgetown Road is widened to 4 lanes by August 2024.; Signal light approved and being designed at the main intersection, improving accessibility.
More about this property
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