1803 Apd 40 Cleveland, TN 37323
Property Lookup
Property profile & analytics
1803 Apd 40 Cleveland, TN 37323
- Turn key restaurants
- 4,708 SF
- 0.66 lot acres
Property ID
US80-1278767
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Laguna's Kitchen Mexicano / Restaurant
Property Details for 1803 Apd 40
- Year built
- 1988
- Lot size
- 0.66 lot acres
- Property size
- 4,708 SF
- Zone code
- C2
- Property type
- Turn key restaurants
- APN
- 058P D 001.10 000
- APU
- 058PD00110000
Description
This exceptional mixed-use property in Cleveland, TN, offers a fully renovated restaurant and a one-bedroom apartment. Situated on a 0.66-acre lot in a high-traffic area, the 4,508 square foot, Class A building boasts a fully equipped commercial kitchen, stand-alone bar, and ample parking. The spacious, open restaurant layout features modern finishes and is ready for immediate operation. The included one-bedroom apartment provides convenient owner/operator housing or additional rental income, accessible via a private entrance. Built in 1988 and renovated in 2022, this single-unit property is zoned C2, offering flexibility for various culinary concepts. The high visibility location ensures consistent customer traffic, while the large outdoor space presents expansion possibilities. This turnkey opportunity is ideal for entrepreneurs seeking a profitable business with on-site living, or investors looking for a strong return. The property's location on a busy highway provides excellent marketing exposure and accessibility. This is a rare chance to acquire a well-established, updated restaurant with significant income potential, complemented by the added benefit of a residential apartment. The property's versatility allows for continued operation as a restaurant or adaptation to other food service businesses, even potentially franchising. The combination of commercial and residential space makes this a unique and attractive investment. The asking price is $800,000.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.8533
- Latitude
- 35.1411
- 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
$3,033
$31,360
$139,240
$170,600
-
$78,400
$348,100
$426,500
