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Investment Highlights

  • Convenant location
  • Strong rental area and residential area

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per AC
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per AC $9.99
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $399,900
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Planned Unit Development
Total Lot Size 1.21 AC
Zoning PUD - Planned Unite Development

1 Lot Available

Lot 41&42

Price $399,900
Price Per AC $330,495.87
Lot Size 1.21 AC

Level lot that is mostly cleared with a few trees. Dimensions are 176 x 282 x 190 x 291. Excellent potential for multi family units.

Description

MULTIFAMILY DEVELOPMENT LAND opportunity in the heart of Cleveland just off Paul Huff Parkway! This listing is for two parcels totaling approximately 1.21 acres right across from the side entrance to Publix. The City of Cleveland has approved a Planned Unit Development for up to 50 townhouse units to be built across multiple parcels. Engineering has been partially completed By Berry Engineers LLC for this portion of PUD 63 for the construction of 18-20 town house units. The preliminary site plan can be seen in the photos. A survey will be provided by the seller upon request. Engineering has not been completed, and the buyer will need to seek final approval from the City for final engineering, site plans and construction. Two additional lots have been sold, engineering completed, and construction of 19 units on the 1.21 acres of lots 44 & 45 will begin soon. Please contact listing agent for additional details Listing Agent has a personal interest in this property.

Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 034I-D-003.00
  • 034I-D-004.00
Land Assessment
$17,000
Improvements Assessment
$0
Total Assessment
$17,000
Annual Taxes
($1)
Tax Year
2025
  • Listing ID: 41905298

  • Date on Market: 8/27/2026

  • Last Updated:

  • Address: 00 Valley Head Rd, Cleveland, TN 37312

Contact the Sale Advisor

00 Valley Head Rd

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