3010 Ocoee N St Cleveland, TN 37312-5378
Property summary
This exceptional 7,678 square foot office building, situated on a generous 1.09-acre lot in Cleveland, Tennessee, presents a unique investment opportunity. Currently configured as a funeral home, the property offers significant potential for redevelopment or repurposing. The building is being sold as-is, with all existing furnishings included – this includes furniture, pews, an organ, and a piano. The seller will only remove personal files and belongings. A deed restriction will be implemented upon sale, prohibiting future use as a funeral home, opening the door for a wide range of alternative commercial ventures. The property's substantial size and prime location in Cleveland make it an attractive prospect for businesses seeking ample space and a strategic address. The existing infrastructure provides a solid foundation for a variety of uses, minimizing initial renovation costs. This is a rare opportunity to acquire a large, well-maintained building in a desirable location, ready for its next chapter. The asking price is $999,000. Serious inquiries are encouraged to explore the possibilities this property offers. The address is 3010 N Ocoee Street, Cleveland, TN.
Property profile
VerifiedCap rate & NOI
Current use
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Social Service Agency
Value estimations
Owner & transaction history
Zoning & alternative use
CH zone. E. Car wash. F. Oil change facilities. (As amended by Ord. #11, March 2001, Ord. #20, March 2002, and Ord. #23, Sept. 2002) G. Animal Kennel and Boarding (as amended by Ord. #25, Aug. 2020) H. Nightclubs (as ame…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CH · Cleveland, TNCH zone. E. Car wash. F. Oil change facilities. (As amended by Ord. #11, March 2001, Ord. #20, March 2002, and Ord. #23, Sept. 2002) G. Animal Kennel and Boarding (as amended by Ord. #25, Aug. 2020) H. Nightclubs (as ame…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CH in Cleveland, TN.
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