Discover a increasing rare and highly strategic investment opportunity in one of Cleveland's fastest-growing corridors. This ±1.14 acre parcel on Old Tasso Road is prelimarily approved for up to 16 multifamily units under an HPR (Horizontal Property Regime), making it ideal for developers or investors seeking to capitalize on Cleveland's booming housing market. Cleveland, TN continues to experience steady and notable population growth, driven by its dynamic local economy, exceptional quality of life, and strategic location near major transportation arteries. The area's population has grown consistently year over year, creating strong demand for new housing, particularly affordable and workforce multifamily options. Adding even greater appeal to this property is Cleveland's ongoing success in attracting major employers and new industry. Multiple national and international companies have announced significant investments in the area, promising robust job creation and further population inflows over the next several years. These include automotive suppliers, advanced manufacturing companies, and distribution centers, all reinforcing Cleveland's reputation as a regional economic powerhouse. This tract's location on Old Tasso Road offers excellent access to both residential amenities and major thoroughfares, ensuring future residents enjoy convenience and connectivity. Combine that with the scarcity of approved multifamily development sites in the area, and this property becomes an exceptional canvas for developers looking to meet Cleveland's rising demand.
