Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$790,000
Manufacturing properties
125 2nd SE St Cleveland, TN 37311-6010
Trust Owned
Free & Clear
Property ID
US80-1128957
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
38,937 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CBD
APN
057D B 025.00 000
UPID
US80-1128957
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$787k
Blend (final)
Blend
$790k
Owner & transaction history
Southeast Land Trust
Southeast Land Trust
since 2026
Last sale
$810,000
7 recorded transactions
Zoning & alternative use
CBD · 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
Method
Estimation
Statistic approach
$760,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$790k
Range $711k – $869k · ±10% · vs last sale $810k (May 12 2024)
Last sale anchor
$810k
May 12 2024
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
$20 / 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
Tax billed
$2,227
Tax year 2023
Assessed value
$154,760
Assessed 2023
Previous assessed
$154,760
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$43,600
Assessed improvement
$111,160
Land market value
$109,000
Improvement market value
$277,900
Total market value
$386,900
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Buildings
2
Stories
1
Rooms
13
Bathrooms
8
Total area
38,937 SF
Lot
2.14 ac (93,218 SF)
Zoning code
CBD
APN
057D B 025.00 000
UPID
US80-1128957
Jurisdiction
BRADLEY
Zoning & alternative use
CBD · Cleveland, TN
Zoning CBD · permitted uses
CBD · 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
1923
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Stories
1
Buildings
2
Rooms
13
Bathrooms
8
Lot
2.14 ac
Current owner
From public records · entity-resolved
Southeast Land Trust
Trust
Free & Clear · 0 yrs held
Mailing address
401 E KILBOURN AVE STE #201, MILWAUKEE, WI 53202-3212
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
—
Southeast Land Trust
Property Holding Group LLC
Quitclaim Deed
related
—
Jan 29, 2026
$1,115,000
Hrm Properties LLC
Property Holding Group LLC
Warranty Deed
—
Aug 12, 2024
$810,000
Property Holding Group LLC
Phoenix Cleveland Tn Industrial Inv
Special Warranty Deed
—
Jan 4, 2023
—
Phoenix Cleveland Tn Industrial Inv
—
Deed
related
$2,010,000 · Wisconsin Bank & Trust
Jan 12, 2022
—
Phoenix Cleveland Tn Industrial Inv
—
Deed
related
$3,500,000 · Wisconsin Bank & Trust
Jan 11, 2022
$850,000
Phoenix Cleveland Tn Industrial Inv
Whirlpool Corporation
Special Warranty Deed
—
Mar 27, 2014
—
Whirlpool Corp
Industrial Dev Board Of Cnty/brad
Quit Claim Deed
related
—
Dec 22, 2010
—
Industrial Dev Board Of Cnty/bra
Maytag Corp
Quit Claim Deed
related
—
Dec 29, 2009
—
Maytag Corp
Industrial Dev Board Of City/clev
Quit Claim Deed
related
—
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 125 2nd SE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
