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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Retail space
1055 King SE St Cleveland, TN 37311-7765
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0574974
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
7,310 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CH
APN
065D B 014.01 000
UPID
US80-0574974
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
O'Reilly Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$997k
Blend (final)
Blend
$1.14M
Owner & transaction history
Agree Stores LLC · 1 yrs held
Agree Stores LLC
since 2025
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
CH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$800,000
+47.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cleveland submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cleveland submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,170,000
ML approach
$1,135,000
CAP Approach
CAP Return
Estimation
6%
$1,150,000
6.5%
$1,065,000
7%
$985,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$800,000
Change: +47% · Conversion: Easy
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $1.31M (Feb 1 2022)
Last sale anchor
$1.31M
Feb 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$155 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$303,080
Assessed 2023
Previous assessed
$303,080
+0.0% YoY
Assessed land
$129,320
Assessed improvement
$173,760
Land market value
$323,300
Improvement market value
$434,400
Total market value
$757,700
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
7,310 SF
Lot
0.75 ac (32,670 SF)
Zoning code
CH
APN
065D B 014.01 000
UPID
US80-0574974
Jurisdiction
BRADLEY
Zoning & alternative use
CH · Cleveland, TN
Zoning CH · permitted uses
CH · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$800,000
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2009
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Agree Stores LLC
Entity
Free & Clear · 1 yrs held
Mailing address
736 CHERRY ST, CHATTANOOGA, TN 37402-1909
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 17, 2025
$1,398,977
Agree Stores LLC
Go Getters LLC
Special Warranty Deed
—
Feb 1, 2022
—
Getters LLC
Hutton Basecamp LLC
Quit Claim Deed
related
—
Mar 27, 2019
$1,311,200
Hutton Basecamp LLC
Morse,charles H & Patricia L
Grant Deed
—
Jan 25, 2010
—
L & E Developments LLC
Vandergriff Properties INC
Quit Claim Deed
related
—
Jan 25, 2010
$1,090,000
Charles H Morse
L & E Developments LLC
Grant Deed
$500,000 · Investors Heritage Life Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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