1841 Young RdCleveland, TN 37323

  • Commercial land
  • 6.60 AC
For Sale
$487,500 View listing

Property Details for 1841 Young Rd

Lot size
6.60 AC
Zone code
C2
Property type
Commercial land
APN
066H F 009.00 000
APU
066HF00900000

Description

This exceptional 6.37-acre commercial land parcel presents a unique opportunity for developers seeking a prime location in Cleveland, Tennessee. Situated at 1841 Young Rd SE, 37323, this property is ideally positioned across the street from a newly constructed townhome development, indicating a thriving and expanding neighborhood. The land is zoned commercial, allowing for a wide range of development possibilities, including residential projects such as houses, apartments, or townhomes. Envisioned uses could incorporate amenities like a playground and pond, enhancing the appeal and livability of the development. While direct access to APD 40 isn't currently available on this parcel, it's attainable through the acquisition of an adjacent property. The asking price for this ready-to-develop land is $487,500. This property offers significant potential for investors and developers looking to capitalize on the growth and demand in this desirable area of Bradley County. Its strategic location and ample acreage make it an attractive investment with considerable upside. The property's commercial zoning ensures flexibility in development plans, catering to a variety of project types and scales. Don't miss this chance to secure a prominent piece of land in a rapidly developing part of Cleveland.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $69,600,232
    Hospitality
    $63,753,440
    Educational
    $53,042,116
    Medical
    $54,866,316
    Retail
    $82,509,960

Location Insight

City
Cleveland
County
Bradley
State
Tennessee
Latitude
35.1313
Longitude
-84.8603
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
$2,395
$134,720
-
$134,720
-
$336,800
-
$336,800

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