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Pleasant Grove Rd - Exit 20 on I-75 30 Acres of Commercial Land Offered at $10,831,943 CAD in Cleveland, TN 37353



INVESTMENT HIGHLIGHTS
- Over 1,800 linear feet of frontage on I-75 promoting high visibility.
- Versatile property able to be subdivided into 1-5 acres lots.
- 30.00 acres zoned commercial enabling for a multitude of developments opportunities.
EXECUTIVE SUMMARY
This Listing is for the entire tract of approx 30 acres in its current condition with utilities at the Street, partially cleared, partially graded and access by public ROW "Commerce Blvd". The 30+/- acre property is located on the South West Quadrant of the I-75 at Exit 20 Interchange (Pleasant Grove Rd). Leading East from the Interchange, Pleasant Grove Road becomes US HWY 74. Exit 20 is the Southern Terminus of the Cleveland By-Pass (“APD 40”), a four lane divided highway. Exit 20 is the ‘hinge-pin’ for traffic to and from major manufacturing / distribution in the area including existing operations in Bradley Co (Wacker Chemie, Amazon Fulfillment, M&M Mars, Duracell, Whirlpool), those in Chattanooga (Volkswagen, Volkswagen vendors, McKee Bakery, Alstom, Astec Industries, US Express) and those incoming to the new Bradley County / Cleveland Industrial Park (located at the South East Quadrant of Exit 20). City and County officials have identified the Exit 20 area as High Growth…up to 61% growth in 15 years. Exit 20 is also the gateway to the annual $90M Tourist traffic to the Ocoee River / Cherokee National Forest area. The Exit 20 Interchange is recently renovated and completed with design capacity up to 120,000 vehicles per day on I-75. One mile to the East on APD 40, the Stone Lake Interchange serves the Cleve / Bradley Co Industrial Park. Area uses include a 12-Screen Movie Plex (UEC), Automobile Dealerships (NISSAN, TOYOTA, HONDA, JEEP), Travel Center (PILOT), and Retail Sales. The 30 +/- acre Property is served by ROW “Commerce Blvd” with utilities and storm water prepared for future approvals. Frontage on I-75 is approx. 1,800 feet and provides unimpeded frontage views to interstate traffic. The Property is mostly cleared and mostly graded at the frontage while the rear of the Property is gently rolling topography to an additional 1,200 ft of Frontage on Pleasant Grove Rd. This listing is for the entire acreage, without separate land splits, and in its current development status. This 30+/- acre site is zoned for Commercial Uses (City of Cleveland TN , Interchange Commercial Zone). Will divide into 1 or 5 acre tracts at adjusted price per acre.
PROPERTY FACTS
| Price | $10,831,943 CAD | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 30.00 AC |
| Property Type | Land | ||
| Zoning | C-1 - Commercial | ||
| Price | $10,831,943 CAD |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 30.00 AC |
| Zoning | C-1 - Commercial |
1 LOT AVAILABLE
Lot
| Price | $10,831,943 CAD | Lot Size | 30.00 AC |
| Price Per AC | $361,064.78 CAD |
| Price | $10,831,943 CAD |
| Price Per AC | $361,064.78 CAD |
| Lot Size | 30.00 AC |
PROPERTY TAXES
| Parcel Number | 056-042.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $433,863 CAD | Total Assessment | $433,863 CAD |
PROPERTY TAXES
Parcel Number
056-042.00
Land Assessment
$433,863 CAD
Improvements Assessment
$0 CAD
Total Assessment
$433,863 CAD
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Pleasant Grove Rd - Exit 20 on I-75
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