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James Asbury Dr NW
Cleveland, TN 37312
Land For Sale
·
1.27 AC


INVESTMENT HIGHLIGHTS
- Surrounded by 8 hotels/motels within 400 foot radius
- Strategic commercial position, prominent business potential, excellent investment opportunity
- Versatile commercial potential, highly desirable zoning, ideal for retail development
EXECUTIVE SUMMARY
***Price Improvement***
Discover an exceptional investment opportunity with Lot 16 on James Asbury Drive Northwest, Cleveland, TN. This prime property is zoned C2 and surrounded by 8 hotels/motels within a 400 foot radius, offering a wide range of possibilities for a restaurant or retail development. Boasting a strategic location in the thriving Cleveland area, this parcel presents an ideal canvas. With a focus on the future of work and business, this property is primed for capitalizing on the dynamic commercial landscape. Don't miss the chance to turn this blank canvas into a thriving business.
Discover an exceptional investment opportunity with Lot 16 on James Asbury Drive Northwest, Cleveland, TN. This prime property is zoned C2 and surrounded by 8 hotels/motels within a 400 foot radius, offering a wide range of possibilities for a restaurant or retail development. Boasting a strategic location in the thriving Cleveland area, this parcel presents an ideal canvas. With a focus on the future of work and business, this property is primed for capitalizing on the dynamic commercial landscape. Don't miss the chance to turn this blank canvas into a thriving business.
PROPERTY FACTS
1 LOT AVAILABLE
Lot 16
| Price | $750,000 | Lot Size | 1.27 AC |
| Price Per AC | $590,551.18 |
| Price | $750,000 |
| Price Per AC | $590,551.18 |
| Lot Size | 1.27 AC |
Only a quarter mile from I-75 and located in a busy commercial district. Cleveland, TN is experiencing robust growth in 2024-2025. Residential development hit $194 million in permits for 2024, with a 560-home subdivision planned.
PROPERTY TAXES
| Parcel Number | 033L-C-005.00 | Improvements Assessment | $0 |
| Land Assessment | $249,520 | Total Assessment | $249,520 |
PROPERTY TAXES
Parcel Number
033L-C-005.00
Land Assessment
$249,520
Improvements Assessment
$0
Total Assessment
$249,520
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