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5714 Waterlevel Highway
Cleveland TN 37323 US

$595,000

Active Listing ID 20261589
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4 bed
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3.00 Bath (2 Full , 2 Half)
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Lot: 0.90 Acres
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Single Family Residence

$595,000

Active Listing ID 20261589
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5714 Waterlevel Highway PRIME HIGH-TRAFFIC COMMERCIAL OPPORTUNITY ON HWY. 64 WITH EXCEPTIONAL ROAD FRONTAGE AND VISIBILITY! Strategically positioned along Waterlevel Highway (Hwy. 64), one of the area's busiest and most heavily traveled corridors, this property offers approximately 506 feet of road frontage with outstanding exposure and accessibility--ideal for commercial development, retail, service-based businesses, or long-term investment. The site includes multiple existing structures that provide immediate income potential and flexible use while planning future redevelopment. A full brick structure currently configured as a 3-bedroom, 1.5-bath residence, along with a detached 1-bedroom, 1-bath unit, offers opportunities for office conversion, rental income, or interim business operations. An additional detached garage/workshop--featuring 3-phase wiring, a storage room, and a half bathroom--is currently leased on a month-to-month basis for $1, 100, generating instant revenue. With strong traffic counts, excellent visibility, and substantial frontage, this property is well-suited for investors, developers, or business owners seeking a high-exposure location in a growing commercial corridor. Rare opportunity to secure a large footprint on Hwy. 64 with immediate income and significant upside potential. (Tiny home conveys. Mobile home does not remain.) Call for additional details or to schedule a private tour.

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Property Features

  • Facts
  • Lot Size: 0.90 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 2
  • Cooling System: Central Air, Ceiling Fan(s)
  • Exterior Finish: Rain Gutters
  • Floor Covering: Laminate, Carpet, Vinyl, Engineered
  • Roof Type: Shingle
  • Heating Fuels: Central, Electric (Heating)
  • Additional Features
  • Basement
  • Patio

School Information

  • School
  • Park View(Elementary)
  • Lake Forest(MiddleSchool)
  • Bradley Central(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 595000
  • unparsedaddress: 5714 Waterlevel Highway
  • postalcity: Cleveland
  • stateorprovince: TN
  • country: US
  • postalcode: 37323
  • bathroomsfull: 2
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.9
  • lotsizeunits: Acres
  • lotsizearea: 0.9
  • livingarea: 1363
  • livingareaunits: Square Feet
  • latitude: 35.135713
  • longitude: -84.771622
  • listagentfullname: Melody Smith
  • listagentemail: melody@smithteamtn.com
  • listagentkey: 3yd-RCARTN-329_23
  • listagentmlsid: 329_23
  • listagentpreferredphone: 4235950199
  • listagentofficephone: 4235950199
  • listofficekey: 3yd-RCARTN-Compass
  • listagentstatelicense: 294574
  • listofficemlsid: Compass
  • disclaimer: Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RCARTN
  • yearbuilt: 1968
  • listingcontractdate: 2026-03-28
  • listagenturl: https://www.smithteamtn.com
  • countyorparish: Bradley
  • parcelnumber: 060 04700 000
  • elementaryschool: Park View
  • highschool: Bradley Central
  • appliances: Dishwasher, Electric Water Heater, Microwave
  • cooling: Ceiling Fan(s), Central Air
  • constructionmaterials: Brick
  • flooring: Vinyl, Engineered, Laminate, Carpet
  • heating: Central, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Garage, Driveway, RV
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Primary Downstairs, High Speed Internet, Bathroom Mirror(s), Ceiling Fan(s)
  • exteriorfeatures: Rain Gutters
  • windowfeatures: Aluminum Frames, Blinds, Drapes
  • architecturalstyle: Ranch
  • rooms: Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bathroom 1
  • otherstructures: Guest House
  • utilities: Cable Available
  • patioandporchfeatures: Porch
  • speciallistingconditions: Standard
  • basement: Crawl Space
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -84.77162, 35.13571
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Group Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"melody@smithteamtn.com", "ListBrokerageCity":"Cleveland", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Group Realty, LLC", "ListBrokeragePhone":"423-284-3056", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"60 N Ocoee St", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"60 N Ocoee St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"Compass", "ListOfficeCity":"Cleveland", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"37311", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Ranch - Cleveland, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5714-Waterlevel-Hwy_Cleveland_TN_37323_M77404-72173?f=listhub&s=RCARTN&m=20261589&c=rexren", "MLSModificationTimestamp":"2026-04-29 13:34:29", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":920, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/14/2026 6:40:40 PM GMT
Source Updated Date: 5/17/2026 12:45:08 PM GMT

Courtesy of: Melody Smith, Compass Group Realty, LLC, melody@smithteamtn.com

Copyright © 2026 River Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.