2825 Westside DrCleveland, TN 37312

Property Details for 2825 Westside Dr

Year built

1985

Lot size

0.29 AC

Property size (Sq ft)

5,252 SF

Zone code

CH

Property type

Office properties

Property subtype

Other office properties

APN

041F D 020.00 000

APU

041FD02000000

Description

This exceptional 5,252 sq ft medical office building in Cleveland, TN, is for sale at $1,200,000. Completely renovated in 2023, this Class C building, constructed in 1985, sits on a 12,632 sq ft lot (APN: 041F D 020.00). The property features two leased spaces, each well-equipped for medical practice. The interior boasts modern paint and flooring, upgraded bathrooms with contemporary fixtures, spacious waiting rooms, efficient front desk areas, and multiple exam and treatment rooms designed for diverse medical needs. Ample office space and generous storage areas ensure efficient workflow. The convenient location offers plentiful parking for patients and staff. This investment opportunity combines modern amenities with a strategic design, making it an ideal medical facility. The property is offered for sale by owner.

• CAP approach

  CAP return

  Valuation

  6%

  $1,110,821

  6.5%

  $1,025,373

  7%

  $952,132

• Comparable approach

  Method

  Valuation

  Relative Method

  $855,498

  Geo Method

  $1,024,455

• Alternative Use

  Use

  Valuation

  Residential

  $1,271,463

  Hospitality

  $1,164,653

  Educational

  $968,978

  Medical

  $1,002,302

  Retail

  $1,507,298

Location Insight

City

Cleveland

County

Bradley

State

Tennessee

Latitude

35.1946

Longitude

-84.8825

CBSA code

17420

CBSA name

CLEVELAND, TN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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