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Property profile & analytics
OFF-MARKET
Day care centers

6878 Lee Hwy Cleveland, TN 37312

3 ac lot Built 1974
Property ID
Property summary
AI-generated overview

This exceptional 3-acre commercial property in Cleveland, Tennessee, boasts a 4,000 square foot building, perfect for diverse uses. Situated on North Lee Highway, between Paul Huff Parkway and Charleston, it enjoys high visibility and accessibility with 650 feet of road frontage and three points of ingress/egress. The building, constructed in 1974 and renovated in 2012, offers flexible space; it can function as a single unit or be divided into three separate units, each with its own exterior entrance and restroom. A roll-up door adds further versatility. The level, cleared, gravel lot provides ample space for additional uses. Currently operating as a portable building and carport sales yard, the property's C2 zoning allows for a variety of businesses, including convenience stores, daycare centers, retail spaces, offices, or even a church. Its location near major employers like Amazon, Wacker, and Budweiser, as well as I-75, makes it highly attractive. The property includes existing septic. Road widening projects are underway, further enhancing visibility and accessibility. Parcel ID/Tax ID is 028B F 023.00. The asking price is $650,000. While the current tax records and Google Earth imagery may be outdated, accurate information is available upon request.

Property profile
Verified
Property type Day care centers
Year built 1974
Lot 3 ac (130,680 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Hometown Auto & Barns Cleveland, TN Construction Company General Contractor
  • Timberline Barns Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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