4515 Highway 411 Ocoee, TN 37361
- Retail space
- 3,540 SF
- 3.00 lot acres
Current Use by Public Records
- Retail space
Property Details for 4515 Highway 411
- Year built
- 1960
- Lot size
- 3.00 lot acres
- Property size
- 3,540 SF
- Property type
- Retail space
- APN
- 070054 03900
- APU
- 7005403900
Description
This exceptional 3-acre commercial property is ideally situated on Highway 411 in Ocoee, Tennessee. Boasting a prime location with high visibility and significant traffic flow, this 1,500 square foot parcel presents a remarkable opportunity for entrepreneurs and businesses seeking a prominent presence. The expansive acreage offers ample space for development, allowing for flexibility in design and functionality to suit a variety of commercial ventures. Its strategic positioning on Highway 411 ensures easy accessibility and excellent exposure to a large customer base. The property's substantial size provides room for expansion, parking, and potential future development. This is a rare opportunity to acquire a highly visible and versatile commercial property in a thriving area. The location offers significant potential for a wide range of businesses, from retail establishments to offices or light industrial uses. The property's size and highway frontage make it an attractive investment for those seeking a strong return on investment. Don't miss this chance to secure a prime commercial location in a rapidly growing market. Serious inquiries only. The asking price is $399,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $80,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $55,000
- 6.5%
- $60,000
- 7%
- $60,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $55,000
- Geo Method
- $50,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $55,000
- Retail
- $60,000
- Mixed-Use
- $55,000
- Hospitality
- $60,000
- Educational
- $50,000
- Residential Income
- $60,000
- Energy
- $60,000
- Income-Based Land
- $55,000
- Food Service
- $65,000
Location Insight
- Map
- Local Demand
- City
- Ocoee
- County
- Polk
- State
- Tennessee
- Longitude
- -84.7099
- Latitude
- 35.1436
- CBSA code
- 17420
- CBSA name
- CLEVELAND, TN METROPOLITAN STATISTICAL AREA