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Description

Exit 20, the last undeveloped interchange between Chattanooga and Cleveland. 40 +/- acres. Highway Commercial Zone. High Exposure: Traffic Count at 56,000 Vehicles Per Day. Cleveland, TN projected growth is 61% by 2030. Strong Industrial Base: Area is home to 12 Fortune 500 manufacturing companies including Duracell, Maytag, Johnston Coca-Cola Bottling Co., Whirlpool, Rubbermaid and others. Volkswagen (11 miles south on I-75) and Wacker Chemie (approx 20 miles at Calhoun TN) are investing billions into this area now. Strong Tourism Base: Tourists spend an average of $90 million each year in Bradley County; Cleveland is county seat. Exit 20 is the Western Terminus of proposed Corridor K, an east-west connector to Asheville NC. Exit 20 is to become the Regional Gateway to Ocoee, Cherokee National Forest, North Carolina. Site is adjacent to established commercial enterprises including Cinema (12 theater), Car Dealerships, Retail, Travel Center. Site is Graded. Utilities at street. Will divide for sale of parcels. TDOT improvements to Exit 20 are currently approved for planning, engineering, geotechnical and environmental study. Exit 20 improvements will be designed to accommodate increased traffic flow up to approx 120,000 Vehicles Per Day.Cleveland TN is poised for growth as it benefits from being the midpoint between the site selection of two major industrial manufacturers: Volkswagen and Wacker Chemie. These two manufacturers represent an estimated $2 Billion in manufacturing investment and an estimate 4,000 jobs. Cleveland is already home to 12 Fourtune 500 companies including Maytag, M&M Mars and Duracell. Cleveland is the gateway to the Ocoee/Cherokee Natl Forest Region and tourism is another leading industry. Exit 20 is the southern interchange for APD 40, Cleveland's highway by-pass. The City of Cleveland has identified the Exit 20 area as high growth...up to 61% estimated by 2030. Uses in the area include Retail, Travel Plaza, Automobile Sales and Residential. Future TN Dept of Tansportation plans include improvement of the interchange and the addition of an interchange on APD-40 within 1 mile of the subject site. Building price details: $175,000 - 200,000 Per Acre.

Property Details

• Type: Land
• Status: Available
• Lot Size: 40.000 Acres
• Buildings: 1

Map Locations