2208 Blue Springs Rd Cleveland, TN 37311
This exceptional investment opportunity presents a 4.87-acre parcel in Cleveland, Tennessee, featuring a single-story, 480-square-foot office building constructed in 1995. The property boasts a convenient location, less than five minutes from both Interstate access and the heart of downtown Cleveland. The existing office building sits on a slab foundation and includes recent upgrades such as new front windows, a metal roof, and a roll-up door at the rear. The surrounding area is cleared and unobstructed, providing excellent visibility. The lot itself offers ample space for expansion or future development. Cleveland, Tennessee, offers a strong workforce, particularly in manufacturing, and a cost of living 12.4% below the national average, making this a compelling investment in a thriving Southeastern Tennessee community. This property is priced at $425,000 and presents a unique blend of land and existing improvements, ideal for a variety of uses. The building is situated at 2208 Blue Springs Rd SE, Cleveland, TN 37311, in Bradley County.
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Cap rate
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