2703 Ralph Buckner BlvdCleveland, TN 37311

  • Office properties
  • 17,300 SF
For Lease
$20.04/SF/YR View listing

Property Details for 2703 Ralph Buckner Blvd

Year built
2006
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.82 AC
Property size (Sq ft)
17,300 SF
Zone code
IL
Property type
Office properties
Property subtype
Other office properties
APN
050J A 009.00 000
APU
050JA00900000

Description

This exceptional 2,240-square-foot Class A office space is available for lease in Cleveland, Tennessee. Located at 2703 Ralph Buckner Blvd NE Suite 2, this single-tenant property boasts a prime location within five minutes of Cleveland's amenities. Built in 2006, the single-story building offers a functional layout suitable for traditional office, executive office, or medical office uses. The space includes a complete build-out featuring walls, flooring, and separate his and her bathrooms. Ample parking is provided with 10 spaces available on the property. The property sits on 2-3 acres of land and is zoned for industrial use. Lease terms are flexible, with 3-5 year options available. The monthly rent is $2,500 without tenant improvements, and $3,750 per month with the existing build-out. This property presents a fantastic opportunity for businesses seeking a well-appointed, conveniently located office space in Bradley County, within the Chattanooga & surrounding areas submarket. The property's address is 2703 Ralph Buckner Blvd NE Suite 2, Cleveland, TN 37311.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,659,026
    6.5%
    $3,377,562
    7%
    $3,136,308
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,817,996
    Geo Method
    $3,374,538
  • Alternative Use

    Use
    Valuation
    Residential
    $4,188,177
    Hospitality
    $3,836,348
    Educational
    $3,191,796
    Medical
    $3,301,567
    Retail
    $4,965,016
2703 Ralph Buckner Blvd, Cleveland, Tennessee

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.168
Longitude
-84.8526
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
$10,677
$87,920
$653,920
$741,840
-
$219,800
$1,634,800
$1,854,600

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