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    2500 Executive Park Dr Cleveland, TN 37312

    Sponsored
    For Sale
    $850,000

    Class A Office, 4,342 SF, $850K

    Property size:
    4,342 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A mixed-use property, located at 2500 Executive Park Dr NW in Cleveland, Tennessee (zip code 37312), presents a unique investment opportunity. The 4,342 square foot building, constructed in 1986 and spanning three stories, offers a versatile space ideal for various uses. The property includes elegantly designed executive offices, perfect for professional businesses. Additionally, it features state-of-the-art medical office space, well-suited for healthcare providers. A significant highlight is the inclusion of a fully renovated 1,585 square foot penthouse apartment, offering luxurious living space with panoramic views. This penthouse could be utilized as a high-end residential unit or a lucrative short-term rental. The building's prime location in Bradley County provides excellent accessibility and visibility. This property is priced at $850,000 and represents a compelling investment opportunity for discerning buyers seeking a blend of commercial and residential potential in a desirable Tennessee location. The property's versatile nature and high-quality finishes make it an attractive option for a wide range of potential uses. This is a rare opportunity to acquire a well-maintained, mixed-use building in a thriving area.

    Property Features for 2500 Executive Park Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,342 SF
    Class
    A

    Building Details

    Year Built
    1986
    Stories
    3
    Units
    1

    HighLights

    • Price: $850,000
    • Total area: 4,342 square feet
    • Executive offices: Modern, well‑appointed spaces.
    • Medical offices: State‑of‑the‑art facilities.
    • Renovated penthouse apartment (1,585 sq ft): Luxurious residence with panoramic views.
    • Prime location: 2500 Executive Park Dr NW, Cleveland, TN 37312.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.885076248463
    Latitude
    35.196941304122

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 4,342 SF, $850K
    Where is this office property / space located?
    The property is located at 2500 Executive Park Dr Cleveland, TN.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Price: $850,000; Total area: 4,342 square feet; Executive offices: Modern, well-appointed spaces.
    Request Owner's contact information
    2500 Executive Park Dr Cleveland, TN 37312
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2500 Executive Park Dr Cleveland, TN 37312
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