5714 Waterlevel Hwy

1,363 Sq. Ft.
$437 / Sq. Ft.
1,363
Sq. Ft.
$437
per Sq. Ft.

Description

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...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.
  1. Listed by Melody Smith • Compass Group Realty,LLC

Property Details for 5714 Waterlevel Highway

Architectural Style
Ranch
Waterfront
No
LISTING UPDATED: 04/29/2026 09:36 AM

Property Details for 5714 Waterlevel Highway

StatusActive
MLS #1531360
Days on Market59
Taxes$920 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1968
Lot Size0.90 AC / 39,204 SF
CountyBradley County

Location

Listing Courtesy of Compass Group Realty,LLC, Melody Smith (423.595.0199)
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Building Information for 5714 Waterlevel Highway

Stories1Year Built1968Building Size-Lot Size0.90 AC / 39,204 SF

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Principal and Interest

$2,965

Property Taxes

$77

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Property Information for 5714 Waterlevel Highway

Summary
Location and General Information
  • City: Cleveland
  • County Or Parish: Bradley
  • Directions: Take I-75 North to Exit 20 (Cleveland / US-64 East), Right (east) onto US-64 / APD 40 Continue on APD 40 and take the exit toward Ocoee / Benton. Merge onto US-64 East / Waterlevel Hwy, property on the Right.
  • Latitude: 35.135713
  • Longitude: -84.771622
  • Postal Code: 37323
  • State Or Province: TN
  • Subdivision Name: None
Taxes and HOA
  • Tax Legal Description: Tax Id: 060 047.00
  • Additional Parcels: No
  • Parcel Number: 060 04700 000
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $920
School Information
  • Middle Or Junior School: Lake Forest Middle
  • High School: Bradley Central High
  • Elementary School: Park View Elementary
Parking
  • Garage: No
  • Attached Garage: No
  • Carport Spaces: 2.0
Property
Lot Information
  • Lot Features: Back Yard, Cleared, Front Yard, Level
  • Lot Size Dimensions: 506 x 131 x 516 x 67
  • Lot Size Acres: 0.9
  • Living Area Source: Tax Records
  • Lot Size Square Feet: 39204.0
  • Building Area Total: 1363.0
  • Lot Size Units: Acres
  • Living Area: 1363.0
Property and Assessments
  • Property Type Label: Residential
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1968
  • Property Type: Residential,Single Family Residence
  • Property Sub Type: Single Family Residence
Utilities
  • WaterSewer : Septic Tank: Yes
  • WaterSewer : Well: Yes
  • Water Source: Well
  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Available, Other, See Remarks
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Brick
  • Window Features: Aluminum Frames, Blinds, Drapes
  • Community Features: Other
  • Parking Features: Asphalt, Paved
  • Exterior Features: Private Yard, Rain Gutters, Storage
  • Roof: Shingle
  • Roofing : Asphalt: Yes
  • Roofing : Shingle: Yes
Interior Features
  • Fireplace: Yes
  • Electric: Yes
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Bathrooms Half: 2
  • Appliances: Microwave, Electric Water Heater, Dishwasher
  • Rooms Total: 0
  • Bathrooms Total Integer: 4
  • Bathrooms Total Decimal: 3.0
  • Bathrooms Total Notational: 2.2
  • Cooling: Yes
  • Fireplaces Total: 1
  • Heating: Yes
  • Foundation Details: Brick/Mortar
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Levels: One
  • Interior Features: Ceiling Fan(s), En Suite, High Speed Internet, Tub/shower Combo
  • Flooring: Carpet, Laminate, Luxury Vinyl, Vinyl
  • Stories: 1
  • Green Features : Central Air: Yes
  • Cooling : Central: Yes
  • Bed/Bath : En Suite: Yes
  • Floors : Carpet: Yes
  • Floors : Laminate: Yes
Multi Family
Unit 2
  • Unit 2 Features : Living Room: Yes
Unit 3
  • Unit 3 Features : Storage: Yes

Property History for 5714 Waterlevel Highway

DateEvent & SourcePriceAppreciation
Mar 29, 2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1531360

$595,000—
DateEvent & SourcePrice
03/29/2026

Listed (Active)

Greater Chattanooga Association of REALTORS #1531360

$595,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5714 Waterlevel Highway

Taxable ValueLand$9,700Additions$64,900Total$74,600
Tax Record2025$920 ($77 / month)
Home Facts
Beds0Total Finished SqFt1,363 SqFtAbove Grade Finished SqFt1,363 SqFtStories1Lot Size39,204 SqFtStyleSingle Family ResidenceYear Built1968Year Renovated2007ZoningFARCountyBRADLEYAPN060 047.00 000Fireplace TypeHas Fireplace

Schools near 5714 Waterlevel Highway

This home is within Bradley County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Parkview Elementary School
PublicPK to 5

Lake Forest Middle School
Public6 to 8

Bradley Central High School
Public9 to 12

N. Cleveland Goal Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

5714 Waterlevel Highway is a single family home for sale in Cleveland, TN 37323. This property was listed for sale on March 29, 2026 by Compass Group Realty,LLC, it's currently listed at $595,000. This listing's school district is Bradley County School District. Nearby schools include Parkview Elementary School, Lake Forest Middle School and Bradley Central High School. 5714 Waterlevel Highway is a 4-bed, 4-bath, 1,363 sqft single family home built in 1968.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass Group Realty,LLC, Melody Smith (423.595.0199)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 04/29/2026 09:36 AM