2703 Ralph Buckner BlvdCleveland, TN 37311

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

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.

• 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

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

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