For Sale
$1,009,500

3 Lee HwyCleveland, TN 37311

Cleveland, TN development opportunity. High growth area.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 20.19-acre residential land parcel presents a compelling investment opportunity in the thriving North Cleveland area of Bradley County, Tennessee. Located on North Lee Highway at Lot 3, this property is priced at $50,000 per acre, totaling $1,009,500. Currently zoned for farming (FAR), the property offers significant potential for development. City officials have indicated the possibility of annexation into the city, which would allow for access to city sewer services and potentially permit Planned Unit Development (PUD) zoning. This strategic location across the street from the prestigious Anatole subdivision suggests strong market demand and high growth potential. An adjacent 21.66-acre parcel is also available for purchase, presenting the possibility of acquiring over 40 acres for a larger-scale development project. The property's address is Lot 3 North Lee Highway, Cleveland, TN 37311. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with excellent potential for residential development. The combination of size, location, and potential for annexation makes this a highly attractive investment.

Highlights

  • 20.19-acre residential land parcel in Cleveland, TN, priced at $50,000/acre.
  • Located on North Lee Highway in Bradley County, offering high-growth potential.
  • Currently zoned FAR, with potential for city annexation and Planned Unit Development (PUD) zoning, providing sewer access.
  • Adjacent 21.66-acre parcel also available, totaling over 40 acres.
  • Across from the prestigious Anatole subdivision.
  • Asking price: $1,009,500. Address: Lot 3 North Lee Highway, Cleveland, TN 37311.

Property Details for 3 Lee Hwy

Property type
Land
Lot Size (sq. ft)
879,476 SF

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.0981107
Longitude
-84.9297206
3 Lee Hwy, Cleveland, Tennessee

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3 Lee Hwy
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