1510 Stuart RdCleveland, TN 37312

  • Office properties
  • 80,928 SF
For Lease
$12/SF/YR View listing

Property Details for 1510 Stuart Rd

Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
3.71 AC
Property size (Sq ft)
80,928 SF
Zone code
IL
Property type
Office properties
Property subtype
Other office properties
APN
042 015.08 000
APU
4201508000

Description

This Class A, 80,000 square foot office and industrial building, renovated in 2022, offers multiple tenancy options in Bradley County, Tennessee. Located at 1510 Stuart Rd NE, Cleveland, TN 37312, the property features flexible and traditional office spaces ranging from 720 to 2,911 square feet, with three currently available. The building does not have elevators. Each suite offers a functional layout, including a waiting area, multiple offices, and storage space. Common area maintenance includes utilities, restrooms, a conference room, and cleaning of common areas. Tenants are responsible for their own internet service. An optional LED message center, visible to an estimated 26,000 daily drivers, is available for an additional fee. This prime location provides excellent visibility and accessibility for businesses seeking office space in Cleveland, Tennessee. The property is situated in Bradley Place Plaza, offering a convenient and professional environment.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,116,624
    6.5%
    $15,799,961
    7%
    $14,671,393
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,182,360
    Geo Method
    $15,785,816
  • Alternative Use

    Use
    Valuation
    Residential
    $19,591,952
    Hospitality
    $17,946,122
    Educational
    $14,930,964
    Medical
    $15,444,462
    Retail
    $23,225,944
1510 Stuart Rd, Cleveland, Tennessee

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.187
Longitude
-84.8261
CBSA code
17420
CBSA name
CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,567
$181,520
$552,720
$734,240
-
$453,800
$1,381,800
$1,835,600

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