2500 Executive Park Dr Cleveland, TN 37312
This exceptional Class A mixed-use property, located at 2500 Executive Park Dr NW in Cleveland, Tennessee (zip code 37312), presents a unique investment opportunity. The 4,342 square foot building, constructed in 1986 and spanning three stories, offers a versatile space ideal for various uses. The property includes elegantly designed executive offices, perfect for professional businesses. Additionally, it features state-of-the-art medical office space, well-suited for healthcare providers. A significant highlight is the inclusion of a fully renovated 1,585 square foot penthouse apartment, offering luxurious living space with panoramic views. This penthouse could be utilized as a high-end residential unit or a lucrative short-term rental. The building's prime location in Bradley County provides excellent accessibility and visibility. This property is priced at $850,000 and represents a compelling investment opportunity for discerning buyers seeking a blend of commercial and residential potential in a desirable Tennessee location. The property's versatile nature and high-quality finishes make it an attractive option for a wide range of potential uses. This is a rare opportunity to acquire a well-maintained, mixed-use building in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.