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    4435 Ellis Cir Cleveland, TN 37312

    For Sale
    $449,900

    1.1-acre lot, redevelopment ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 1.1-acre commercial lot, located at 4435 Ellis Circle NW in Cleveland, Tennessee (zip code 37312), presents a unique redevelopment opportunity. Zoned PUD, this property offers significant potential for various commercial ventures. The asking price is $449,900. The existing structure on the property is being offered with no value assigned and is sold "as-is" with no repairs. Note that the property is currently tenant-occupied. The lot is conveniently situated near Paul Huff Parkway, providing excellent visibility and accessibility. The property's parcel number (APN) is 034I F 013. A virtual flyover video is available for viewing. Please be aware that the closing of the sale must occur at Burns, Henry, and Kirksey, as per the Estate's instructions. This is a for-sale-by-owner listing. Serious inquiries only. Don't miss this chance to acquire a prime commercial property in a thriving Tennessee location.

    Property Features for 4435 Ellis Cir

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • 1.1‑acre commercial lot in Cleveland, TN (37312) for $449,900.
    • Zoned PUD, offering redevelopment potential.
    • Existing structure included "as‑is," with no value assigned; currently tenant‑occupied.
    • Excellent visibility and accessibility near Paul Huff Parkway.
    • Parcel number: 034I F 013.
    • Closing at Burns, Henry, and Kirksey per Estate instructions; For Sale By Owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.8619443
    Latitude
    35.2131164

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    FAQs

    What type of property is this?
    Land - 1.1-acre lot, redevelopment ready.
    Where is this land located?
    The property is located at 4435 Ellis Cir Cleveland, TN.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: 1.1-acre commercial lot in Cleveland, TN (37312) for $449,900.; Zoned PUD, offering redevelopment potential.; Existing structure included "as-is," with no value assigned; currently tenant-occupied.
    (423) 472-2173
    Request Owner's contact information
    4435 Ellis Cir Cleveland, TN 37312
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    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
    4435 Ellis Cir Cleveland, TN 37312
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