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    James Asbury Dr Cleveland, TN 37312

    For Sale
    $275,000

    Cleveland, TN: 0.79-acre commercial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 0.79-acre commercial land parcel presents a remarkable investment opportunity in Cleveland, Tennessee. Strategically located on James Asbury Drive NW, it boasts highly desirable I-75 frontage, providing exceptional visibility and accessibility for businesses. The property's address is 00 James Asbury Drive NW, Cleveland, TN 37312, conveniently situated near Exit 27 of I-75. Zoned for commercial use, this versatile lot offers potential for a variety of developments, including small commercial ventures, professional offices, or even a multifamily residential project, subject to local planning and zoning approvals. The asking price is $275,000. The property's parcel number is 033L C 009.01. This is a for sale by owner listing. The property is suitable for commercial and residential uses. Its prime location and high visibility make it an attractive option for entrepreneurs and investors seeking a strong foothold in a growing market. Further due diligence is recommended to confirm all zoning regulations and development possibilities. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential.

    Property Features for 0 James Asbury Dr

    General Information

    Property type
    Land
    Lot Size
    34,412 SF

    HighLights

    • $275,000 asking price.
    • 0.79‑acre commercial land parcel.
    • Located in Cleveland, TN, Bradley County.
    • I‑75 frontage, Exit 27.
    • Commercial zoning.
    • Broker co‑op available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.869954850987
    Latitude
    35.210257925439

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    FAQs

    What type of property is this?
    Land - Cleveland, TN: 0.79-acre commercial lot
    Where is this land located?
    The property is located at James Asbury Dr Cleveland, TN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: $275,000 asking price.; 0.79-acre commercial land parcel.; Located in Cleveland, TN, Bradley County.
    (423) 472-2173
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    James Asbury 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
    James Asbury Dr Cleveland, TN 37312
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