373 Oak St Cleveland, TN 37311
This exceptional 0.17-acre commercial and residential lot presents a remarkable opportunity for development in the heart of Cleveland, Tennessee. Located at 373 Oak Street SW, this cleared lot is zoned R2, offering flexibility for various residential projects. Its prime downtown location provides convenient access to major roadways, including Interstate 75 and South Lee Highway, ensuring excellent connectivity for residents. The property boasts city utilities, simplifying the development process and minimizing upfront infrastructure costs. The proximity to Bradley County High School further enhances its appeal, making it an attractive location for families. With a total area of 7,405 square feet (0.17 acres), this parcel is ideally suited for multi-family development, capitalizing on the growing demand for housing in this thriving area. The property's APN is 057c F 01200 000. This is a ready-to-build site, perfect for investors or developers seeking a high-potential investment in a desirable Tennessee location. The asking price is $75,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.