1695 25Th StCleveland, TN 37311

  • Retail properties
  • 1,242 SF
For Lease

Property Details for 1695 25Th St

Year built
1968
Lot size
0.55 AC
Property size (Sq ft)
1,242 SF
Zone code
CH
Property type
Retail properties
Property subtype
Retail space
APN
041K B 001.00 000
APU
041KB00100000

Description

This exceptional 1,242-square-foot freestanding commercial property is ideally situated in Cleveland, Tennessee's thriving business district. The building, constructed in 1968, offers a single-tenant occupancy on a 0.35-acre lot. Its versatile design makes it suitable for a variety of office uses, including traditional, executive, medical, or creative office spaces. The property features a total of 1,242 square feet, all currently vacant and ready for immediate occupancy. The building is a single-story structure, zoned for commercial use, and boasts a convenient location with easy access to key transportation routes. The property's address is 1695 25th Street NW, Cleveland, TN 37311, and its parcel number is 041K 001.00 000 B within Bradley County. This presents a unique opportunity for businesses seeking a well-maintained, standalone office space in a desirable location. The property type is classified as Retail, Office, and Restaurant, although the current vacancy is best suited for office use. This is a single-tenant space, providing privacy and control. The property's versatility and prime location make it an attractive investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $386,152
    6.5%
    $356,448
    7%
    $330,987
  • Comparable approach

    Method
    Valuation
    Relative Method
    $509,820
    Geo Method
    $610,507
  • Alternative Use

    Use
    Valuation
    Residential
    $300,677
    Hospitality
    $275,419
    Educational
    $229,145
    Medical
    $237,026
    Retail
    $356,448
1695 25Th St, Cleveland, Tennessee

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.191
Longitude
-84.8847
CBSA code
17420
CBSA name
CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,155
$240,560
$48,120
$288,680
-
$601,400
$120,300
$721,700

FAQs

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