632 Inman St E Cleveland, TN 37311
For Sale
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This exceptional mixed-use property presents a unique investment opportunity in Cleveland, TN's vibrant downtown area. Strategically positioned at the gateway to the city, just off APD 40 and Highway 64, this property boasts high visibility and accessibility. The main building offers 2,536 square feet of versatile space, previously utilized as a car lot. Key features include a five-bay garage, substantial storage areas, and an office section comprising a large reception area, two smaller offices, and a bathroom. One area is already plumbed for an additional bathroom. The property sits on a combined 0.92-acre lot, encompassing two parcels. The inclusion of an adjoining vacant lot significantly enhances the development potential. This property is situated within the Inman East Corridor Plan, suggesting future growth and development opportunities. The combined acreage and existing building provide a solid foundation for a variety of commercial uses, from automotive-related businesses to retail or light industrial operations. The property's location and size make it an attractive proposition for investors seeking a well-positioned asset in a growing Tennessee city. Parcel numbers include 057D K 012.01.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CH · Cleveland, TNCleveland. Always verify with local authorities before improvements.
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.