642 Lauderdale Memorial NW hwy | Cleveland, TN 37312
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- LoopNet Team
642 Lauderdale Memorial NW hwy
Cleveland, TN 37312
Safe Lock Storage · Flex Property For Sale
INVESTMENT HIGHLIGHTS
- Very limited supply in a 3-mile radius with only two existing facilities and 4.99 square feet per capita
- Road Frontage on Lauderdale Memorial Highway and located a quarter mile from Walker Valley High School
- Room to push climate controlled rents upon stabilization – rents set for lease up are 5% – 12% below market averages
- Favorable basis on new construction self-storage at only $102 per rentable square foot
- Affluent surrounding population with over $81,000 in average household income in a 3-mile radius
PROPERTY FACTS
| Property Type | Flex | Rentable Building Area | 73,420 SF |
| Building Class | A | No. Stories | 1 |
| Lot Size | 11.17 AC | Year Built | 2023 |
| Zoning | C1 | ||
| Property Type | Flex |
| Building Class | A |
| Lot Size | 11.17 AC |
| Rentable Building Area | 73,420 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | C1 |
PROPERTY TAXES
| Parcel Number | 015L-A-034.00 | Improvements Assessment | $1,483,400 |
| Land Assessment | $227,520 | Total Assessment | $1,710,920 |
PROPERTY TAXES
Parcel Number
015L-A-034.00
Land Assessment
$227,520
Improvements Assessment
$1,483,400
Total Assessment
$1,710,920
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