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Investment Highlights

  • 900 Ft frontage on state hwy 74 (APD 40)
  • Proximity to New Stone Lake Interchange
  • Proximity to Clev./Bradley Co Industrial Park

Executive Summary

Presenting a 4.5-acre land parcel well-positioned in Cleveland, Tennessee, offering a unique development opportunity in a growing commercial corridor. Located along APD-40 (Hwy 64) at the westbound off-ramp of the Stone Lake Interchange, this property benefits from outstanding accessibility and visibility with approximately 900 feet of highway frontage. The site’s proximity to Cleveland/Bradley County Industrial Park and the new Stone Lake Interchange underscores its potential for a wide range of proposed uses such as commercial retail, mixed-use, multifamily, or hospitality ventures.
The land consists of two tax parcels currently zoned R-1 and adjoins additional CH-zoned acreage, creating opportunities for expanded projects and flexible configurations. Key connectivity advantages include quick access to I-75, as well as short drives to Chattanooga and regional transportation networks, facilitating ideal conditions for commercial or developmental pursuits. This assemblage provides a compelling option for investors, developers, or owner-users seeking an accessible site in a dynamic growth market.

Property Facts

Price $675,000
Sale Type Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Hospitality
  • Self Storage
Total Lot Size 4.50 AC
Zoning R1 - Currently Single Family Residential

1 Lot Available

Lot

Price $675,000
Price Per AC $150,000.00
Lot Size 4.50 AC

The lot spans approximately 4.5 acres across two parcels with direct frontage on APD 40 (Hwy 64).

Description

This offering comprises two contiguous tax parcels totaling 4.5 acres in Cleveland, TN, directly adjacent to major transportation infrastructure. The site provides exceptional vehicular access and connectivity to APD 40 and I-75, ensuring steady traffic flow for prospective commercial operators. The location is anchored by its proximity to industrial hubs, retail corridors, and new infrastructure developments, making it a versatile choice for development initiatives ranging from retail and hospitality to residential or self-storage will call for additional approvals based on end use.

Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 056-051.07
  • 056-051.02
Land Assessment
$19,475
Improvements Assessment
$0
Total Assessment
$19,475
  • Listing ID: 18485100

  • Date on Market: 2/11/2020

  • Last Updated:

  • Address: 0 Pleasant Grove Rd, Cleveland, TN 37353

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