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Property profile

1436 Spring Place Rd Cleveland, TN 37311

OFF-MARKET
Mixed-use properties
Property ID
US80-1405259
4,440 SF 0.72 ac lot
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Property summary

AI-generated overview

This exceptional 4,440 sq ft mixed-use property in Cleveland, TN, presents a lucrative business opportunity. Situated on a 0.72-acre lot, the property features a fully-equipped 2,400 sq ft garage with four tandem bays, each fitted with new doors and electric openers, accommodating up to eight vehicles. A new metal roof ensures long-lasting protection for this section of the building. An 840 sq ft office space provides ample room for administrative functions and customer interaction, including 1.5 bathrooms and four additional versatile rooms. The office area also benefits from a new metal roof. A substantial 30 x 40 sq ft storage building offers additional space for parts, equipment, or inventory. The entire property is securely fenced, providing enhanced security. Ample parking is available for both customers and inventory. The property is zoned CH (Commercial Highway) and boasts a robust 200-amp electrical service. The garage includes a convenient bathroom with an electric water heater and washer/dryer hookups, adding to its operational efficiency. This turnkey operation is priced at $389,900 and offers immediate potential for a variety of commercial uses.

Property profile

Verified
Property type Mixed-use properties
Total area 4,440 SF
Lot 0.72 ac (31,363 SF)
UPID US80-1405259

Cap rate & NOI

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

Location

1436 Spring Place Rd Cleveland, TN 37311
Cleveland metro
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Value estimations

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Owner & transaction history

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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