0 N. Lee Hwy, Cleveland, TN 37312
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- Debra Fisher
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1 Prepared by Robert Fisher, KW Commercial Jun 13, 2018 on GCR CMLS [M] [O] Tennessee Real Estate License: Commercial Land on North Lee Hwy - Cleveland 0 N. Lee Hwy, Cleveland, TN Listing ID: Status: Active Property Type: Vacant Land For Sale Possible Uses: Hospitality, Industrial Gross Land Area: 7.17 Acres Sale Price: $2,151,000 Unit Price: $300,000 Per Acre Sale Terms: Cash to Seller Overview/Comments This area of North Lee Hwy is experiencing a lot of growth residentially, commercially and otherwise due to the employment and investment in the nearby area. Whirlpool, Wacker, Amazon, Jackson Furniture and Georgia Pacific employ about 4,240 in the nearby area and there has been $2.5 billion spent just with the Wacker facility. This retail/commercial site has 7.17 acre with 555 feet of frontage along North Lee Hwy and 479 feet of depth. The property is "L" shaped and also has access to Tasso Lane NE. See the attached survey. The property is level with a tree line in the rear otherwise just has low growing bushes on it. The site would make an excellent site for a retail strip center, large gas/c-store or large self-storage development to name a few uses. Directly behind the site Pratt Development has begun a residential development. Just south of the subject site are two townhome developments underway. Also, just south is the 80-unit apartment development, The Preserve. The site was recently annexed into the city of Cleveland.The front portion is CH-Commercial Highway and the rear portion is R2. Across the street/ highway are currently five highway curb cuts and one street so there should be many opportunities for curb cuts along the subject property. Seller will consider splitting the property under the right conditions. Reports available: Top 20 Manufacturing Companies in Bradley County More Information Online QR Code Scan this image with your mobile device: General Information Taxing Authority: Cleveland, Bradley County Tax ID/APN: Possible Uses: Hospitality, Industrial, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad, Self Storage, Vacation/Resort Area & Location Property Located Between: North Lee Hwy Property Visibility: Excellent Legal Description: See survey Largest Nearby Street: N Lee Hwy Feet of Frontage: 555 Traffic/Vehicle Count: 10,000 Zoning: Land Splits Available: Sale Terms: Highway Access: Airports: Site Description: COMMERCIAL & R2 Yes Cash to Seller Has 555 feet of frontage on North Lee Hwy just north of Tasso Lane NE. Has 205 feet of frontage on Tasso Lane NE. Cleveland/Chattanooga The site is level with no trees. It has 555 feet of frontage on N. Lee Hwy and 205 feet on Tasso Lane NE. Page 1
2 Prepared by Robert Fisher, KW Commercial Jun 13, 2018 on GCR CMLS [M] [O] Tennessee Real Estate License: Area Description The north end of Lee Hwy is growing dramatically. The Wacker and Amazon plant facilities are part of what is driving this growth. Behind the the subject James Pratt is developing a subdivision and just south are two townhome developments and across the street is a new self-storage facility. Land Related Lot Frontage: 555 Lot Depth: 480 Zoning Description: The front front four acres is zoned CH-Commercial Highway. The rear portion is zoned R2. Development Name: Vacant Land Location Address: 0 N. Lee Hwy, Cleveland, TN County: Bradley MSA: Cleveland Topography: Available Utilities: Water Service: Sewer Type: Level Electric, Water, Gas, Sewer, Storm Drain Municipal Municipal Property Images Front Left Corner Front Right Corner Page 2
3 Prepared by Robert Fisher, KW Commercial Jun 13, 2018 on GCR CMLS [M] [O] Tennessee Real Estate License: Middle of Front James Pratt Dev Behind Subject Street Scene in Front of Subject Street Scene Looking North View on the Subject Street Scene Looking South Page 3
4 Prepared by Robert Fisher, KW Commercial Jun 13, 2018 on GCR CMLS [M] [O] Tennessee Real Estate License: nd Townhome Development New Self Storage New 80-Unit Apt Complex New Townhome Development Property Contacts Robert Fisher KW Commercial [M] [O] Page 4 Copyright Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither the administrators of this site nor Catylist assume any liability for errors or omissions.
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