1.27 Acres Land Next to 1-75 Hotels in Cleveland, TN
Lot 16 James Asbury Drive Northwest | Cleveland, TN 37312, US
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***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.
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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. Commercial development exceeded $368 million in total value, with downtown evolving into a vibrant mixed-use corridor combining residential and business spaces.