1213 Cedar Ln SW - Warehouse FOR SALE


Cleveland, TN 37311- Downtown Cleveland
$2,600,000 USD
423-595-1907
1213 Cedar Ln SW, Cleveland, TN for Sale
$2,600,000 USD
Warehouse - FOR SALE
1/5
null | 7.29% Cap Rate

1213 Cedar Ln SW
Cleveland, TN 37311
Downtown Cleveland


HIGHLIGHTS

  • 2 Parcels included /1213 Cedar Lane SW and 1208 Smith Dr Sw Cleveland TN 37311 on 3.58 acres
  • 6 drive in doors 14 feet each and 6 Walk in Doors
  • 33,840 square foot Warehouse with 24 ft Eaves
  • Included in the sale is 1213 Cedar Lane SW., an income producing, 3 bed/2/bath approximately 2, 000 sq ft home

OVERVIEW

Offered at $2,600,000 without the income-producing business, this is a rare opportunity to secure a large-scale industrial facility and adjacent rental home on 3.58 acres. The 4-bed, 2-bath home (approx. 2,000 SF) is currently leased for $1,200/month and sits on city sewer. For buyers seeking built-in revenue: Offered at $2,800,000 with the existing income-producing business included. The warehouse operation currently generates approx. $176,000 annually, creating a turnkey investment with immediate cash flow potential. *Prime access to Cleveland’s industrial corridor *Clear-span layout with high ceilings & multiple access points * Income-producing home with long-term tenant * 24 feet Eaves * Lease Option available

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

7.29%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

33,840 sq ft Warehouse Plus Rental Home

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.58

LAND SF

155,945

ZONING

C

APN/PARCEL ID

057B K 001.03

ASK ABOUT THIS PROPERTY

Diana SeaveyCrye Leike RealtorsMore Info
423-595-1907

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Diana SeaveyCrye Leike RealtorsMore Info
423-595-1907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.