Property summary
Industrial property in Cleveland, Tennessee comprising three buildings totaling approximately 5,144 square feet on a 0.52-acre lot with a parking area for employees and visitors. The main building measures 40 by 100 feet and includes five garage doors and a dedicated office area with a meeting room, storage, kitchenette, and separate restroom facilities (half bath for clients and full bath for employees). The main building also contains a paint booth equipped with a 3-phase compressor and an evacuation dryer. A second building measures 24 by 36 feet and includes a private entrance, one garage door, electricity, and storage shelving. A third building measures 24 by 20 feet and includes a private entrance, a garage door, and electricity; it has been used as a woodshop and is configured with workshop utility for fabrication-related activities. The overall site layout and multiple structures provide flexibility for a range of light industrial and service-business uses consistent with the presence of vehicle access doors and utility connections.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Parts Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
A. All uses allowed by right in the CH and IL Districts which are not otherwise allowed by right in the MU District. 2.14 IL District (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IL · Cleveland, TNA. All uses allowed by right in the CH and IL Districts which are not otherwise allowed by right in the MU District. 2.14 IL District (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
A. All uses allowed by right in the CH and IL Districts which are not otherwise allowed by right in the MU District. 2.14 IL District (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses…
What can be built and operated here — officially.
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