Property summary
This exceptional Cleveland, TN industrial property offers a prime outdoor storage opportunity. The 4.1-acre lot boasts a 3,800 square foot building featuring three convenient roll-up doors, ideal for equipment storage or light industrial use. The expansive paved area at the front of the property provides ample parking for up to fifty tractor-trailers, ensuring efficient operations. An additional 35 tractor-trailer spots are available in the gravel rear lot, offering significant storage capacity. The property's strategic location on Michigan Ave Rd NE, near Barney's LN, in Bradley County, provides easy access to major transportation routes. With a total of 85 trailer spots, this property is perfect for businesses requiring substantial outdoor storage and convenient access for large vehicles. The property's 400-foot frontage on Michigan Ave Rd NE offers excellent visibility and accessibility. This single-tenant property presents a rare opportunity to acquire a well-situated and highly functional industrial outdoor storage facility in a thriving Tennessee market. The 178,500 square foot lot provides ample space for expansion or future development. This is an exceptional investment opportunity for businesses seeking a strategic location with significant storage capacity in the Cleveland, TN submarket. The property is zoned for commercial use and is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
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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Value estimation
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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.
The district profile from the municipal source: what is on file for IL in Cleveland, TN.
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