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    Spring Creek Blvd Cleveland, TN 37311

    For Sale
    $600,000

    2.84 Acres, Prime Cleveland Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 2.84-acre commercial land parcel, identified as Lot J2 on Spring Creek Boulevard in Cleveland, Tennessee, presents a compelling investment opportunity. Zoned PUD, this property is ideally situated within the thriving Spring Creek professional park, offering unparalleled access to downtown Cleveland's businesses, the local hospital, and Lee University. The strategic location within a mixed-use development ensures high visibility and convenient access to a diverse range of amenities, including restaurants, retail establishments, residential areas, and existing professional offices. The asking price for this property is $600,000. This site is perfectly suited for the construction of a medical office building or other professional office space, capitalizing on the high demand for commercial properties in this rapidly growing area. The property's 37311 zip code and its proximity to key community assets make it an attractive proposition for developers and investors seeking a high-return investment in a desirable location within Bradley County. The expansive lot size provides ample space for a substantial development project, offering significant potential for future growth and profitability. This is a rare opportunity to acquire a prime commercial land parcel in a vibrant and strategically important location.

    Property Features for 0 Spring Creek Blvd

    General Information

    Property type
    Land
    Lot Size
    123,710 SF

    HighLights

    • 2.84‑acre commercial land parcel in Cleveland, TN.
    • Located in the Spring Creek professional park, zoned PUD.
    • High visibility and convenient access to downtown, hospital, Lee University, and amenities.
    • Asking price: $600,000.
    • Ideal for medical or professional office building.
    • Located in the desirable 37311 zip code in Bradley County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.859245
    Latitude
    35.175808

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    FAQs

    What type of property is this?
    Land - 2.84 Acres, Prime Cleveland Location
    Where is this land located?
    The property is located at Spring Creek Blvd Cleveland, TN.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: 2.84-acre commercial land parcel in Cleveland, TN.; Located in the Spring Creek professional park, zoned PUD.; High visibility and convenient access to downtown, hospital, Lee University, and amenities.
    Request Owner's contact information
    Spring Creek Blvd Cleveland, TN 37311
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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
    Spring Creek Blvd Cleveland, TN 37311
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