Pleasant Grv Rd Cleveland, TN 37312
- Land
- 4.60 lot acres
Current Use by Public Records
- Land
Property Details for 0 Pleasant Grv Rd
- Lot size
- 4.60 lot acres
- Property type
- Land
Description
This exceptional 4.6-acre commercial land parcel presents a unique investment opportunity in Cleveland, Tennessee. Strategically located on Pleasant Grove Rd, it boasts unparalleled visibility and accessibility, situated just 0.4 miles from I-75's Exit 20. This corner lot benefits from existing utilities and enjoys adjacency to a Pilot Travel Center, capitalizing on the high traffic volume generated by Exit 20. With approximately 8,400 vehicles per day utilizing both the southbound on-ramp and northbound off-ramp of Exit 20 – double the traffic of any other interstate access point in Bradley County – this location guarantees significant exposure. The property is zoned CH and offers a compelling price per acre of $304,348. The high annual average daily traffic (AADT) on I-75, totaling 60,977 vehicles, further underscores the exceptional potential for commercial development. This is an ideal site for businesses seeking high visibility and convenient access to a major interstate highway. The asking price for this prime commercial land is $750,000, representing a strong investment opportunity in a high-traffic area. The absolute NNN lease type provides a straightforward and potentially lucrative investment structure.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.9534
- Latitude
- 35.1541
