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33,840 sq ft Warehouse Plus Rental Home 1208 SW 33,840 SF Industrial Building Cleveland, TN 37311 $3,409,150 CAD ($100.74 CAD/SF) 7.58% Cap Rate
Investment Highlights
- 1208 Smith Dr SW located on +/- 3.20 acres
- 33,840 square foot Warehouse with 24 ft Eaves
- The Warehouse is heated but no AC
- 6 drive in doors 14 feet each and 6 Walk in Doors
- Also available separately is the adjacent property a 1213 Cedar Lane SW., an income producing, 3 bed/2/bath approx. 2, 000 sq ft for $275,000
- Lease Option Available Estimated Monthly Rent $18,330
Executive Summary
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.
Lease Option Available: Estimated $18,330 monthly
Property Features
33,880± SF clear-span warehouse
Six (6) 14’ drive-in doors
Six (6) walk-in entries
Approximately 24’ eave height
Clear-span construction
Situated on approximately 3.20± acres
Sale Offering
Offered at $2,500,000Includes industrial warehouse and associated land only.
Lease Offering
$6.50 PSF NNNTenant is responsible for utilities, property 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
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.
Lease Option Available: Estimated $18,330 monthly
Property Features
33,880± SF clear-span warehouse
Six (6) 14’ drive-in doors
Six (6) walk-in entries
Approximately 24’ eave height
Clear-span construction
Situated on approximately 3.20± acres
Sale Offering
Offered at $2,500,000Includes industrial warehouse and associated land only.
Lease Offering
$6.50 PSF NNNTenant is responsible for utilities, property 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
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Utilities
- Lighting
- Water - City
- Heating - Gas
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 057B-K-001.03 | Total Assessment | $507,282 CAD |
| Land Assessment | $242,131 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $265,150 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
057B-K-001.03
Land Assessment
$242,131 CAD
Improvements Assessment
$265,150 CAD
Total Assessment
$507,282 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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33,840 sq ft Warehouse Plus Rental Home | 1208 SW
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