For Sale
$5,500,000

2442 Dalton PikeCleveland, TN 37323

Prime Cleveland, TN development site. High visibility, major retailers nearby.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 8.9-9 acre commercial land parcel presents a unique investment opportunity in Cleveland, Tennessee. Located at 2442 Dalton Pike, this fee-simple property boasts a highly desirable CH zoning designation, allowing for a variety of development possibilities. The site enjoys unparalleled visibility and direct access to ADP 40 (Dalton Pike), a major thoroughfare with over 31,000 vehicles per day. Its strategic corner location at Dalton Pike and Buchanan Circle provides significant frontage (620 ft on Dalton Pike and 615 ft on Buchanan Circle). The property is surrounded by a concentration of national retailers, including Walmart, Food City, Walgreens, and numerous fast-food restaurants and banks, ensuring high traffic and consumer visibility. Further enhancing its appeal, a new ALDI store and retail plaza are under development across the street, and a 120+ unit townhouse complex is nearing completion behind it. The area's rapid commercial and residential growth, with a trade area exceeding 90,000 people, makes this a prime location for development. Currently generating $4,000 monthly income from four residential rental houses (month-to-month contracts), this property offers a seamless transition from existing income to future development projects. Utilities are available, and a potential easement with the adjacent Super Walmart adds further value. The asking price is $5,500,000, and a 1031 exchange is permissible. This is an exceptional opportunity for developers seeking a high-impact location in a thriving market.

Highlights

  • $5,500,000 asking price for 8.9-9 acres of commercial land in Cleveland, TN.
  • Sale/lease available; build-to-suit options for qualified tenants.
  • High-visibility location on Dalton Pike (620 ft frontage) and Buchanan Circle (615 ft frontage), with 40,000+ vehicles per day.
  • CH zoning; utilities available; potential easement with adjacent Walmart.
  • Surrounded by national retailers and near a large apartment complex.

Property Details for 2442 Dalton Pike

Property type
Land
Lot Size (sq. ft)
387,684 SF

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.129682939999
Longitude
-84.867792254072
2442 Dalton Pike, Cleveland, Tennessee

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2442 Dalton Pike
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message