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Georgetown Rd
Cleveland, TN 37312
Lot 6 · Land For Sale
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6.20 AC
INVESTMENT HIGHLIGHTS
- Grocery-anchored outparcel with signalized intersection access.
- Strong traffic counts and regional connectivity via I-75.
- Located in a growth-focused, business-friendly city.
- Ideal for retail, medical, or daycare development.
- Surrounded by established residential and commercial density.
- Flexible zoning supports a range of commercial uses.
EXECUTIVE SUMMARY
The parcel is ideally suited for a range of commercial uses including retail, medical, and childcare, supported by flexible zoning and strong surrounding demographics. The area is characterized by a mix of national retailers, residential neighborhoods, and service providers, creating a built-in customer base for any future business.
Cleveland is one of Tennessee’s fastest-growing cities, with a robust manufacturing and healthcare economy and proximity to Chattanooga just 30 minutes away. Georgetown Road serves as a key connector to I-75 and other major thoroughfares, ensuring regional access for employees, customers, and suppliers.
This site is shovel-ready and primed for development, offering investors and owner-users the chance to capitalize on a high-demand location with built-in traffic drivers and long-term growth potential. Whether you’re planning a freestanding retail concept, a medical office, or a licensed childcare facility, Lot 6 delivers the location, access, and visibility needed to thrive.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 6.20 AC |
| Zoning | CBD - Central business district. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.20 AC |
| Zoning | CBD - Central business district. |
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 2.74 AC |
| Price Per AC | $547,445.26 |
| Price | $1,500,000 |
| Price Per AC | $547,445.26 |
| Lot Size | 2.74 AC |
The site is ideally suited for a range of commercial uses including retail, medical, and childcare, supported by flexible zoning and a surrounding mix of residential neighborhoods and national retailers.
DESCRIPTION
New Outparcel available for purchase adjacent to brand new Food City Opening late Summer 2024. Note that the City/TDOT has approved a signal at the main intersection, which is now being designed. The section of road that services the outparcel will become public once completed. Storm water detention quantity is covered by the regional detention basin to the South below the elementary school. Storm water quality will have to be provided by the developer of the out-parcel. Food City bought all the land between Candies Creek Elementary school and Dollar General and is under construction on their new store there with opening date set of July 1 2024. This stretch of Georgetown will be 4-laned with completion by August of 2024 at the latest; estimated over 30,000 VPD will travel on this stretch of Georgetown rd after road work is complete. Ideal fit for a QSR, car wash, or other retail use. See attached survey for further details.
PROPERTY TAXES
| Parcel Number | 033-004.03 | Improvements Assessment | $0 |
| Land Assessment | $2,347,900 | Total Assessment | $2,347,900 |
PROPERTY TAXES
