Entity Owned Property summary
A completely renovated commercial building configured for light industrial or warehouse use, comprising approximately 12,800 square feet. The building is located about 8 miles from I-75 Exit 20 and roughly 2 miles from downtown Cleveland. Interior features include offices, a break room, bathrooms, and roll-up access doors. It has two roll-up doors measuring 8'4" tall by 7'8" wide, plus a loading dock door measuring 10' tall by 8'6" wide. The property is equipped with a sprinkler system and HVAC. The building is zoned for commercial use and is designed to operate under a triple net lease structure.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
given conditional use in the R -1 district. (as amended by Ord. #14, March 2001, and Ord. #2007-34, Sept. 2007). 2.3 R-1 DISTRICT (Single-Family Residential). 2.3.1 Uses allowed. The R -1, Single -Family Residential, Dis…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R1 · Cleveland, TNgiven conditional use in the R -1 district. (as amended by Ord. #14, March 2001, and Ord. #2007-34, Sept. 2007). 2.3 R-1 DISTRICT (Single-Family Residential). 2.3.1 Uses allowed. The R -1, Single -Family Residential, Dis…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
given conditional use in the R -1 district. (as amended by Ord. #14, March 2001, and Ord. #2007-34, Sept. 2007). 2.3 R-1 DISTRICT (Single-Family Residential). 2.3.1 Uses allowed. The R -1, Single -Family Residential, Dis…
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