3855 Ocoee N St Cleveland, TN 37312-4457
- Office Properties & Spaces
- 43,899 SF
- 4.37 lot acres
May 03, 2021
Current Use by Public Records
- Bradley County District Attorney / District Attorney
- Keystone Solutions / Computer Support And Services
- American Transportation Management / Transportation Service / Atm
- Gentiva Hospice / Hospice
- Solutions Title, PLLC / Title Company / Attorney
Property Details for 3855 Ocoee N St
- Year built
- 2007
- Construction
- STEEL FRAME
- Lot size
- 4.37 lot acres
- Property size
- 43,899 SF
- Zone code
- PI
- Property type
- Office Properties & Spaces
- APN
- 042G G 015.00 000
- APU
- 042GG01500000
Description
This exceptional Class A office space, located within the prestigious Ocoee Corporate Center in Cleveland, Tennessee, presents a unique leasing opportunity. Situated at 3855 N Ocoee St, 37312, this 4,200 square foot suite occupies half of the second floor, offering ample space for a growing business. The suite boasts eleven individual offices, a large conference room perfect for meetings and presentations, dedicated file storage, and a printer room, ensuring efficient workflow. The space comfortably accommodates twenty or more employees. The building itself is a five-story, 43,500 square foot structure built in 2007, featuring two elevators and 103 parking spaces, with ample complementary parking included. The property sits on a 4.37-acre lot and is zoned PI. Enjoy convenient access to the greenway for employee breaks and a variety of nearby restaurants, including Champy's, Chick-fil-A, and Aubrey's. This is the only available space in this highly sought-after building, making it an exceptional opportunity to establish a presence in one of Cleveland's most recognizable office buildings. The minimum divisible space is 4,200 square feet, with a maximum contiguous space also of 4,200 square feet. This is a multi-tenant building.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $5,305,000
- ML approach
- $4,875,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $7,410,000
- 6.5%
- $6,840,000
- 7%
- $6,350,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,406,000
- AI Estimate
- $4,975,000
Market price range: $3.43M - $10.4MMarket price range: $1.71M - $6.47M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $6,445,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- Bradley
- State
- Tennessee
- Longitude
- -84.8518
- Latitude
- 35.1925
- CBSA code
- 17420
- CBSA name
- CLEVELAND, TN METROPOLITAN STATISTICAL AREA