Technical
Financial
Distress signals
Property profile

120 Brent Dr Cleveland, TN 37311

FOR SALE
Retail properties & Spaces
Property ID
US80-1893276
3,000 SF 6.2 ac lot Built 2017
Individually Owned
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Property summary

AI-generated overview

This exceptional 6.2-acre commercial property in Cleveland, Tennessee, presents a unique redevelopment opportunity. Currently vacant, this Class B property boasts a 3,000 square foot building constructed in 2017, previously used as a used car lot. The site is zoned for commercial use and offers significant flexibility for various development projects. The property's strategic location on S Lee HWY provides over 600 feet of highway frontage, ensuring high visibility and accessibility. The lot is conveniently divided, with 3.64 acres situated on one side of the road and 2.36 acres on the other, allowing for potential subdivision and tailored development plans. The seller is open to considering all offers and is willing to divide the property to accommodate specific buyer needs. Furthermore, the owner is open to exploring leasing options. This presents a compelling investment opportunity for developers seeking a prime location in a growing market. The property's size, zoning, and highway frontage make it ideal for a wide range of commercial or multi-use developments. The asking price is $4,500,000, and a 1031 exchange is possible. This is a rare chance to acquire a significant parcel of land with substantial development potential in a desirable Tennessee location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 3,000 SF
Lot 6.2 ac (270,072 SF)
UPID US80-1893276

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Housing Development

Location

120 Brent Dr Cleveland, TN 37311
Cleveland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2026
1 recorded transaction
2026
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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