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

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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.

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Bank
  • Convenience Store
  • Drugstore
  • Fast Food
  • Restaurant
  • Storefront, Retail or Office
Total Lot Size 1.27 AC
Zoning C2 - General commercial purposes, often including retail, service, and office uses.

1 LOT AVAILABLE

Lot 16

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

PROPERTY TAXES

Parcel Number
033L-C-005.00
Land Assessment
$249,520
Improvements Assessment
$0
Total Assessment
$249,520
  • Listing ID: 35743385

  • Date on Market: 5/5/2025

  • Last Updated:

  • Address: James Asbury Dr NW, Cleveland, TN 37312

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