201 Keith St Cleveland, TN 37311
- Office Properties & Spaces
- 30,266 SF
- 13.40 lot acres
Current Use by Public Records
- Jones Management Services Inc / Business Management Consultant
- The Diving Mouse / Bar
- Ohh Yeah! Fitness / Gym
- Firehouse Subs Village Green / Sandwich Shop / Caterer
- Woop / Radio Broadcaster
Property Details for 201 Keith St
- Year built
- 1961
- Construction
- CONCRETE
- Lot size
- 13.40 lot acres
- Property size
- 30,266 SF
- Zone code
- CH
- Property type
- Office Properties & Spaces
- APN
- 049N O 002.00 000
- APU
- 049NO00200000
Description
This exceptional 41,429-square-foot Class A office space in Cleveland, TN, is ideally suited for a variety of businesses. Built in 1961 and renovated in 2015, the property sits on 15 acres and offers a single-tenant occupancy. Features include generator backup power, a fully built-out interior with a reception area, private offices, multiple desks, a kitchen, and a server room. The space is fully carpeted with drop ceilings and central air conditioning, offering a plug-and-play solution. Amenities include ample parking, and the building's location offers proximity to numerous conveniences, including Starbucks, a large gym, a highly-rated restaurant, a private school (3 months - 8th grade), the Chamber of Commerce, and the Social Security Administration. The property is situated in a prime location with excellent visibility and access, and is currently available for lease. The listed rate may not include all utilities, building services, and property expenses. This is a rare opportunity to secure a substantial, well-appointed office space in a thriving Tennessee community. The space is in excellent condition and is ready for immediate occupancy. The building does not have elevators.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,105,000
- 6.5%
- $4,715,000
- 7%
- $4,380,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $6,513,000
- AI Estimate
- $4,809,000
Market price range: $1.38M - $6.51MMarket price range: $1.38M - $4.81M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,315,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.8824
- Latitude
- 35.161
- CBSA code
- 17420
- CBSA name
- CLEVELAND, TN METROPOLITAN STATISTICAL AREA