Cleveland, TN Commercial Real Estate for Sale

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Updated: Jun 15

Mixed-Use Residential and Retail Building

1242 Ladd Springs Road SE, Cleveland, TN 37323

$750,000

8,814 sqft 1.10 AC lot

Mixed‑use property with 8 one‑bedroom apartments and a central retail space
Eight apartments are fully occupied (fully leased) with consistent occupancy
Updated interiors: luxury vinyl plank flooring and renovated bathrooms in each apartment
Four apartment units on each side of the retail space on one level
Block construction; open floorplan; vinyl flooring

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Here's a quick look at some key insights for

1242 Ladd Springs Road SE, Cleveland, TN 37323

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$66K
Annual
Mortgage

$220K
Nov 2018
Last Sold

Nov 2018
$220K
Property Type

Retail Stores
Built 1976

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Updated: Jun 30

Light Industrial Office-Warehouse Building

1478 Morrison Lane NE, Cleveland, TN 37312

$510,000

4,800 sqft 0.48 AC lot

4,800+/- SF light industrial building with approx. 1,660+/- SF office and remaining warehouse space
Office includes eat‑in kitchen, storage, high ceilings, and high‑speed internet; exposed structural and T‑bar acoustical ceilings in office areas
Warehouse features approx. 15‑foot ceiling height, open layout, and roll‑up overhead door
Steel‑frame construction on concrete slab foundation with brick and metal/aluminum siding and flat roof
Central heating and central air; flooring includes carpet, tile, and concrete

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Office Suite with Two Private Offices

3555 Keith Street NW, Cleveland, TN 37312

$184,900

840 sqft 1.00 AC lot

Move-in ready office suite with two private offices and a dedicated full bath in a multi-tenant professional building.

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Soft-Touch Tunnel Car Wash & Lube

917 Keith Street NW, Cleveland, TN 37311

$865,000

4,190 sqft 0.54 AC lot

Full-service tunnel car wash with a two-bay lube center, offering practical space for automotive and drive-through concepts.

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Two-Story Office Building

1850 Executive Park Nw, Cleveland, TN 37312

$675,000

6,000 sqft

Two-story Class C office building offering 6,000 SF, leased to two long-term tenants with parking.

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Landmark Retail Storefront in Historic District

156 Central Avenue NW, Cleveland, TN 37311

$1,200,000

13,410 sqft 0.24 AC lot

Unified storefront in the Hines Building, currently home to an office supply tenant since 1964.

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Steel-Frame Industrial Workshop Complex

2408 Guthrie Avenue NW, Cleveland, TN 37311

$1,700,000

288 sqft 1.75 AC lot

Multi-building industrial setup with loading docks, secure storage, and front office—ideal for an owner-operator repair or service business.

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Live-Work Building with Loading Dock

1050 Whisperwood Trail NE, Cleveland, TN 37312

$1,250,000

3,600 sqft

Commercial space is one level with updated restrooms, office areas, and a loading door with low-profile dock.

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Automotive Repair and Scrap Yard

1490 Spring Place Road SE, Cleveland, TN 37311

$900,000

2,700 sqft 4.68 AC lot

Commercial property with a 6-bay shop and office, supported by grandfathered status for auto salvage or parts uses.

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Downtown Cleveland Commercial Building

463 Central Avenue NW, Cleveland, TN 37311

$294,000

1,200 sqft 0.14 AC lot

Prime commercial building in revitalizing downtown Cleveland, Tennessee.

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Light Industrial Building with Office

1478 MORRISON LN NE, Cleveland, TN 37312

$510,000

4,800 sqft

Steel-frame light industrial building includes office space, T-bar acoustical ceilings, and a roll-up overhead door.

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Multipurpose Community Facility

2495 Ladd Springs Road SE, Cleveland, TN 37323

$145,000

2,212 sqft 0.35 AC lot

A former church with an open layout, well-suited for flexible community or office-related uses under Multi Use zoning.

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Live-Work and Retail Property

270 Central Avenue NW, Cleveland, TN 37311

$350,000

2,714 sqft 0.12 AC lot

Main-level commercial space with large windows plus a lower unit with separate entrance, leased commercial and residential.

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Renovated Warehouse with Loading Dock

4215 Old Tasso Rd Ne, Cleveland, TN 37312

$380,000

4,985 sqft

Versatile warehouse with high ceilings, loading dock, and security.

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Commercial Land with Office Building

4478 4580 Waterlevel Highway, Cleveland, TN 37323

$725,000

7.55 AC lot

For-sale parcel with a large commercial building featuring a lift, plus office space and a full bathroom.

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Commercial Property on South Lee

1212 S Lee Highway, Cleveland, TN 37311

$1,500,000

774 sqft 1.14 AC lot

High-visibility commercial property on South Lee Highway in Cleveland, TN.

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Corner Lot Office and Fourplex

402 Inman Street East, Cleveland, TN 37311

$1,500,000

384 sqft 1.03 AC lot

Three contiguous parcels include two office buildings and a residential fourplex on a highly visible corner lot.

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Prime Commercial Property For Sale

2487 Keith Street NW, Cleveland, TN 37311

$1,395,000

2,915 sqft 0.52 AC lot

High-visibility commercial property ideal for restaurant or retail in Cleveland.

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High-Visibility Commercial Lot

5455 North Lee Highway, Cleveland, TN 37312

$895,000

61,419 sqft 1.41 AC lot

Prime commercial lot with highway frontage in Cleveland, Tennessee.

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Corner Lot Investment Opportunity

402 Inman Street W, Cleveland, TN 37311

$1,500,000

384 sqft 0.39 AC lot

High-traffic corner lot with income potential in Cleveland, TN.

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Versatile Religious and Community Building

2495 Ladd Springs Rd Se, Cleveland, TN 37323

$159,000

2,212 sqft

A 2,200 sq ft open-layout building previously used as a church, with flexible space for multiple community uses.

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Commercial Land with Highway Frontage

5455 N Lee Highway, Cleveland, TN 37312

$895,000

1.41 AC lot

Build-ready level parcel zoned CH, offering highway exposure with utilities available on site near I-75 access.

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Mixed-Use Income Property with Retail

1242 Ladd Springs Road SE, Cleveland, TN 37323

$750,000

8,814 sqft

One-level building with eight occupied one-bedroom apartments and central retail space for stable residential and commercial income.

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Highway Frontage Commercial Lot

5455 N Lee Highway, Cleveland, TN 37312

$895,000

1.41 AC lot

Build-ready commercial lot in Cleveland with highway frontage.

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Cleveland, TN Commercial Real Estate Market Trends and Statistics

Explore 118 commercial real estate for sale in Cleveland, TN, showcased through 118 active listings on our real estate platform. These investment opportunities span a total of 1,552,532 square feet of properties for sale, with an estimated market value of $68,284,600.

Sale prices for business properties in Cleveland, TN start at $145,000, averaging $1,665,478, and reaching up to $13,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 99K

Population Growth (5Y) +5.8%

Median Household Income $63,951

College Educated 20.2%

High-Yield Neighborhoods for Investment

Identify Cleveland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
37312	$1.2M
37323	$1.2M
37311	$1.3M

Taxes & Financing

Tax Rate (average for all types) 1.44%

Property Tax per SF $31.91 per SF

Tax Rate vs County Average 0.04 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Bradley County

New Delisted

Total CRE Inventory on Market (SF)

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