3686 Michigan Avenue RdCleveland, TN 37323

Property Details for 3686 Michigan Avenue Rd

Lot size

6.00 AC

Zone code

CG

Property type

Commercial land

APN

043 036.01 000

APU

4303601000

Description

This exceptional 191,664 square foot mixed-use property in Cleveland, TN, presents a compelling value-add investment opportunity. Built in 2023, this single-story facility sits on a 4.4-acre lot zoned IL (Light Industrial) and boasts 90 units, currently operating at 50% occupancy. The property includes 15 covered and 75 uncovered spaces, designed to accommodate a variety of RVs and boats, with various lengths to maximize revenue potential. Amenities include 24/7 gated access, a waste dump station, electrical outlets, LED lighting, security cameras, and a user-friendly online customer portal. A 7,500 square foot covered area offers 16-foot vertical clearance and 110w outlets. An on-site building, equipped with power, lights, and HVAC, provides additional space for office use or rental income. The strategic location near I-75, connecting Chattanooga, Cleveland, and Knoxville, ensures high visibility and accessibility. The property's current occupancy rate, coupled with the potential for increased revenue through space reconfiguration and building conversion, makes this a highly attractive investment. The property's APN is 01-043- -043- - -036.01- -000. Asking price is $995,000 ($5.19/sq ft). One gas pump is also on the property.

Location Insight

City

Cleveland

County

Bradley

State

Tennessee

Latitude

35.182

Longitude

-84.8167

CBSA code

17420

CBSA name

CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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