0 James Asbury Dr Cleveland, TN 37312
This 0.79-acre commercial land parcel presents a remarkable investment opportunity in Cleveland, Tennessee. Strategically located on James Asbury Drive NW, it boasts highly desirable I-75 frontage, providing exceptional visibility and accessibility for businesses. The property's address is 00 James Asbury Drive NW, Cleveland, TN 37312, conveniently situated near Exit 27 of I-75. Zoned for commercial use, this versatile lot offers potential for a variety of developments, including small commercial ventures, professional offices, or even a multifamily residential project, subject to local planning and zoning approvals. The asking price is $275,000. The property's parcel number is 033L C 009.01. This is a for sale by owner listing. The property is suitable for commercial and residential uses. Its prime location and high visibility make it an attractive option for entrepreneurs and investors seeking a strong foothold in a growing market. Further due diligence is recommended to confirm all zoning regulations and development possibilities. This is a rare opportunity to acquire a well-positioned commercial property with significant development potential.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.