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1510 Stuart Rd NE Cleveland, TN 37312

Office Spaces Google Maps
80,928 SF 3.71 ac lot Built 1986
Entity Owned 13-yr Hold Free & Clear
Estimated value (blended)
$2.24M
Range $2.02M – $2.46M (±10%)
Property ID US80-0574471

Property summary

AI-generated overview

This Class A, 80,000 square foot office and industrial building, renovated in 2022, offers multiple tenancy options in Bradley County, Tennessee. Located at 1510 Stuart Rd NE, Cleveland, TN 37312, the property features flexible and traditional office spaces ranging from 720 to 2,911 square feet, with three currently available. The building does not have elevators. Each suite offers a functional layout, including a waiting area, multiple offices, and storage space. Common area maintenance includes utilities, restrooms, a conference room, and cleaning of common areas. Tenants are responsible for their own internet service. An optional LED message center, visible to an estimated 26,000 daily drivers, is available for an additional fee. This prime location provides excellent visibility and accessibility for businesses seeking office space in Cleveland, Tennessee. The property is situated in Bradley Place Plaza, offering a convenient and professional environment.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1986
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 80,928 SF
Lot 3.71 ac (161,608 SF)
Zoning code IL
APN 042 015.08 000
UPID US80-0574471

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Accounting Firm
  • Law Firm
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Financial Advisor
  • Medical Supply Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.51M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.15M
Blend (final) Blend
$2.24M

Owner & transaction history

since 2012
Last sale
$1.8M
5 recorded transactions
2012
Price N/A
2010
$2.7M
2008
$3.0M
1993
$7.5M
1993
$7.5M

Zoning & alternative use

IL · Cleveland, TN
Zoning description

A. All uses allowed by right in the CH and IL Districts which are not otherwise allowed by right in the MU District. 2.14 IL District (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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