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Property profile & analytics
OFF-MARKET Estimated value $2,370,000
Drive through restaurants

1186 Perimeter SE Dr Cleveland, TN 37323-6007

2,994 SF 0.92 ac lot Built 2016
Individually Owned 3-yr Hold Free & Clear
Property ID
US80-1762802
Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2016
Total area 2,994 SF
Lot 0.92 ac (40,075 SF)
Zoning code CH
APN 065E F 014.00 000
UPID US80-1762802
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
  • Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.37M
Owner & transaction history
Sang S Yi · 3 yrs held
Sang S Yi
since 2023
Last sale
$2.6M
7 recorded transactions
2023
Price N/A
2018
$2.6M
2016
$460,000
2013
$300,001
2002
$20,000
1998
$85,000
1993
$60,000
Zoning & alternative use
CH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH zone. E. Car wash. F. Oil change facilities. (As amended by Ord. #11, March 2001, Ord. #20, March 2002, and Ord. #23, Sept. 2002) G. Animal Kennel and Boarding (as amended by Ord. #25, Aug. 2020) H. Nightclubs (as amended by Ord. 2022-29, August 2022) 2.12 CBD District (Central Business District) (as amended by Ord. 2021- 13, May 2021) Intent, Goals, and…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 2,274.79 ac
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