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Property profile & analytics
OFF-MARKET
Warehouses
115 Sequoia NW Rd Cleveland, TN 37312-4028
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-1337612
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Total area
10,000 SF
Lot
3 ac (130,680 SF)
Zoning code
CH
APN
034 062.00 000
UPID
US80-1337612
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
-
Northstar Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Donald H Ledford II · 4 yrs held
Donald H Ledford II
since 2021
Last sale
$143,300
7 recorded transactions
Zoning & alternative use
CH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Tax billed
$1,707
Tax year 2023
Assessed value
$118,600
Assessed 2023
Previous assessed
$118,600
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$64,640
Assessed improvement
$53,960
Land market value
$161,600
Improvement market value
$134,900
Total market value
$296,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Rooms
4
Bathrooms
10
Total area
10,000 SF
Lot
3 ac (130,680 SF)
Zoning code
CH
APN
034 062.00 000
UPID
US80-1337612
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.
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Rooms
4
Bathrooms
10
Lot
3 ac
Current owner
From public records · entity-resolved
Donald H Ledford II
Individual
Free & Clear · 4 yrs held
Mailing address
3245 BLUEBERRY HL PL NW, CLEVELAND, TN 37312-4402
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
—
Ledford Donald
—
Deed
related
$3,250,000
Jan 18, 2024
—
Donald Ledford II
—
Deed
related
$2,500,000 · Bank Of Cleveland
May 17, 2023
—
Donald Ledford II
—
Deed
related
$2,000,000 · Bank Of Cleveland
Jan 12, 2023
—
Donald Ledford II
—
Deed
related
$1,500,000 · Bank Of Cleveland
Aug 13, 2021
—
Donald H Ledford II
Donald H Ledford II
Intrafamily Transfer
related
—
Apr 14, 2021
$143,300
Estate Of Donald H Ledford SR
Ella Sue Bacon Ledford
Warranty Deed
—
Apr 5, 2012
—
Donald H Ledford
—
Deed Of Trust
related
$2,500,000 · United Community Bank
Dec 1, 2008
—
Donald H Ledford
—
Grant Deed
related
$2,500,000 · United Community Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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