1784 Benton PikeCleveland, TN 37323

Property Details for 1784 Benton Pike

Year built

1997

Construction

FRAME

Lot size

1.54 AC

Property size (Sq ft)

3,000 SF

Zone code

R1

Property type

Auto shops

APN

050N B 004.01 000

APU

050NB00401000

Description

This exceptional 2,400 square foot industrial property, situated on a generous 1.54-acre lot in Cleveland, Tennessee, presents a compelling investment opportunity. The building features four large garage doors, uniquely configured with two drive-through bays allowing for convenient vehicle access and maneuverability. Inside, the space is well-organized and functional, including two private offices, a dedicated conference area equipped with a small break room, and a full bathroom. The property also boasts an existing fueling canopy, offering potential for redevelopment as a truck fueling station, subject to necessary permits and approvals. This versatile space is ideal for a variety of industrial uses, from vehicle repair and storage to light manufacturing or distribution. The property's size and layout provide ample room for expansion or customization to meet specific business needs. A comprehensive 3D Matterport virtual tour is available for prospective buyers to explore the property in detail, providing a thorough and convenient preview before an in-person visit. The asking price for this prime industrial property is $399,000. This represents a significant opportunity to acquire a well-maintained and strategically located industrial building with substantial potential for growth and return on investment.

• CAP approach

  CAP return

  Valuation

  6%

  $932,734

  6.5%

  $860,985

  7%

  $799,486

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,231,448

  Geo Method

  $1,474,654

• Alternative Use

  Use

  Valuation

  Residential

  $726,273

  Hospitality

  $665,263

  Educational

  $553,491

  Medical

  $572,526

  Retail

  $860,985

Location Insight

City

Cleveland

County

Bradley

State

Tennessee

Latitude

35.1605

Longitude

-84.8429

CBSA code

17420

CBSA name

CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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