For Sale
$4,500,000

120 Brent Dr Cleveland, TN 37311

6.2-acre commercial lot, vacant, $4.5M

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 6.2-acre commercial property in Cleveland, Tennessee, presents a unique redevelopment opportunity. Currently vacant, this Class B property boasts a 3,000 square foot building constructed in 2017, previously used as a used car lot. The site is zoned for commercial use and offers significant flexibility for various development projects. The property's strategic location on S Lee HWY provides over 600 feet of highway frontage, ensuring high visibility and accessibility. The lot is conveniently divided, with 3.64 acres situated on one side of the road and 2.36 acres on the other, allowing for potential subdivision and tailored development plans. The seller is open to considering all offers and is willing to divide the property to accommodate specific buyer needs. Furthermore, the owner is open to exploring leasing options. This presents a compelling investment opportunity for developers seeking a prime location in a growing market. The property's size, zoning, and highway frontage make it ideal for a wide range of commercial or multi-use developments. The asking price is $4,500,000, and a 1031 exchange is possible. This is a rare chance to acquire a significant parcel of land with substantial development potential in a desirable Tennessee location.

Highlights

  • 6.2-acre commercial lot in Cleveland, TN.
  • Over 600 feet of highway frontage on S Lee HWY, offering high visibility.
  • 3,000 sq ft, 2017-built building currently vacant; previously used as a used car lot.
  • Zoned for commercial use, allowing for flexible development.
  • $4,500,000 asking price; 1031 exchange considered; seller open to offers and potential subdivision.

Property Details for 120 Brent Dr

Property type
Retail properties, Gas stations
Square Feet
3,000 SF
Class
B
Year Built
2017
Buildings
1
Lot Size (sq. ft)
270,072 SF
Units
1

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.150846010192
Longitude
-84.911104139043

FAQs

What type of property is this?
Retail property - 6.2-acre commercial lot, vacant, $4.5M
Where is the retail property located?
The property is located at 120 Brent Dr Cleveland, TN.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 6.2-acre commercial lot in Cleveland, TN.; Over 600 feet of highway frontage on S Lee HWY, offering high visibility.; 3,000 sq ft, 2017-built building currently vacant; previously used as a used car lot.
How can I contact the broker?
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120 Brent Dr
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