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24503930
24503926

2 Locations

DS
TN TN 286695, GA 284960
Crye-Leike, REALTORS
Listed by Crye-Leike, REALTORS
$2,500,000
334 days on market
Updated 16 days ago
Opportunity zone

Clear Span Warehouse

Details
APN 057B K 001.03 and 057B K 001.02
Property Type Special Purpose, Self Storage (+1)
Tenancy Single
Lease Type NNN
Broker Co-Op No
Class C
Year Built 1992
Buildings 2
Stories 1
Acreage 3.200
Zoning CH
Ground Lease No
Ceiling Height 24'
Dock High Doors 6
Ownership Partnership

33,840 SF Clearspan Industrial Warehouse | Sprinklered | Commercial Highway Zoning

Marketing description

Industrial Warehouse | For Sale or For Lease – Cleveland, TN

1208 Smith Dr SW, Cleveland, TN 37311

Unlock the potential of this 33,880± SF clear-span industrial warehouse located in Cleveland’s established industrial corridor. Ideal for an owner-user, investor, or long-term tenant, this facility offers the scale, access, and layout needed for a wide range of industrial, warehouse, or operational uses. Over 3.2 +/_ acres . Optional purchase of 1213 cedar Lane SE Cleveland TN

Property Features

33,880± SF Clear-Span Industrial Warehouse

Six (6) 14-Foot Drive-In Overhead Doors

Six (6) Separate Walk-In Personnel Entrances

Approximately 24-Foot Eave Height Clearance

Clear-Span Steel Construction Layout

Situated on Approximately 3.20± Acres

Single-Phase Electrical Service Installed ( 3 Phase available on the Pole )

Overhead Fire Suppression Sprinkler System

Commercial Highway Zoning Classification

Multiple Roll-Up Access Doors

Truck and Equipment Yard Area

City Water Service Connected to Building

City Sewer Available at Street (Front & Rear)

Located Within a Federal Opportunity Zone

  • Gas Heat
  • Overhead Sprinklers

Sale Offering

Offered at $2,500,000

Includes industrial warehouse and associated land only.

Lease Offering

$6.50 PSF NNN

Tenant is responsible for utilities taxes, insurance, and maintenance.

Optional Adjacent Residential Opportunity (Not Included)

The adjacent single-family residence at 1213 Cedar Lane SW is not included in the sale or lease offering but may be purchased separately for $275,000, subject to separate terms and availability.

  • 3 bedrooms / 2 bathrooms
  • Approximately 2,000 SF
  • City sewer
  • Currently leased at $1,400/month
  • Situated on approximately 0.48± acres

This optional purchase offers flexibility for on-site housing, rental income, or future redevelopment, without impacting the warehouse valuation or lease structure.

Highlights

  • Prime access to Cleveland’s industrial corridor
  • Large clear-span layout with multiple access points
  • Suitable for owner-users, investors, or long-term tenants
  • Optional adjacent residential income opportunity

Shown by appointment only.

Listing agent must accompany all showings

Investment highlights

  • Prime industrial warehouse located in Cleveland’s established industrial corridor
  • For Sale or For Lease — flexible acquisition or occupancy options
  • 33,880± SF clear-span, single-tenant warehouse
  • Gas Heat
  • Overhead Sprinklers
  • Approximately 24’ eave height
  • Six (6) 14’ drive-in doors
  • Situated on approximately 3.20± acres
  • Commercial zoning supporting a wide range of industrial and service uses
  • Efficient site layout with generous parking and maneuvering area
  • For Sale: $2,600,000 (industrial building and land only)
  • For Lease: $6.50 PSF NNN (tenant responsible for taxes, insurance, and maintenance)
  • Strong owner-user, investor, or long-term tenant appeal
  • Convenient access to S Lee Highway (Hwy 11), APD 40 Bypass, and I-75

Optional Adjacent Residential Parcel (Not Included in Sale or Lease)

  • 1213 Cedar Lane SW, Cleveland, TN 37311
  • Approximately 0.48± acres
  • Available for separate purchase at $275,000
  • 3-bedroom / 2-bath residence (~2,000 SF)
  • Currently leased at $1,400/month
  • City sewer
  • Optional income or on-site housing without impacting industrial valuation

NOTE: The property is offered for sale as land and improvements only. No representation is made regarding the current or prior business operations. Financial information, including but not limited to income, expenses, rent rolls, or tenant agreements, will not be provided. Buyers should independently verify all information and conduct their own feasibility and financial analysis.

Listing Contacts

DS
TN TN 286695, GA 284960
Crye-Leike, REALTORS
Listed by Crye-Leike, REALTORS

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Additional Information

Name
Diana Seavey
License
TN 286695
Brokerage
Crye Leike Realtors
Brokerage Phone
423-892-1515
Title
Affiliate Broker
Brokerage Address
1510 Gunbarrel Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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