Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1250 Old Chattanooga SW Pike Cleveland, TN 37311-8495

    • Auto shops
    • 5,800 SF
    • 2.29 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-1668524
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cleveland Transit System / Freight Service / Logistics Company
    • Sethra-Bradley Co / Social Service Agency / Charitable Organization

    Property Details for 1250 Old Chattanooga SW Pike

    Year built
    2004
    Construction
    FRAME
    Lot size
    2.29 lot acres
    Property size
    5,800 SF
    Zone code
    IL
    Property type
    Auto shops
    APN
    065 015.16 000
    APU
    6501516000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.9092
    Latitude
    35.12
    CBSA code
    17420
    CBSA name
    CLEVELAND, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $63,500
    $236,900
    $300,400

    Comparable in this City

    • Value Estimation by Request
      2,854 SF

      1912 Lois SE St

      AUTO REPAIR, GARAGE • 2,854 SF
      1912 Lois SE St, Cleveland, TN 37311-3222
      View Details
    • Value Estimation by Request
      1,680 SF

      478 Lowery NE St

      AUTO REPAIR, GARAGE • 1,680 SF
      478 Lowery NE St, Cleveland, TN 37311
      View Details
    • Value Estimation by Request
      7,650 SF

      235 Old Powerline NE Rd

      AUTO REPAIR, GARAGE • 7,650 SF
      235 Old Powerline NE Rd, Cleveland, TN 37311-5630
      View Details
    • Value Estimation by Request
      3,564 SF

      240 Spg SW St

      AUTO REPAIR, GARAGE • 3,564 SF
      240 Spg SW St, Cleveland, TN 37311
      View Details
    • Value Estimation by Request
      4,814 SF

      1435 Spg Pl SE Rd

      AUTO REPAIR, GARAGE • 4,814 SF
      1435 Spg Pl SE Rd, Cleveland, TN 37311-7069
      View Details
    • Value Estimation by Request
      2,160 SF

      2107 Dalton SE Pike

      AUTO REPAIR, GARAGE • 2,160 SF
      2107 Dalton SE Pike, Cleveland, TN 37311-7751
      View Details

    Similar Nearby for Sale

    • $949,000
      2,700 SF

      Commercial Property on Spring Place Road

      4.2-acre commercial property with 2,700 sq ft building.
      1490 Spring Place Rd SE, Cleveland, TN 37311
      View Details
    • $1,700,000
      1,696 SF

      Commercial Property Near I-75

      Commercial property with multiple buildings and ample parking near I-75.
      2408 Guthrie Ave NW, Cleveland, TN 37311
      View Details
    • New
      $1,125,000
      4,190 SF

      Established Car Wash & Lube Center

      Full-service car wash and lube center in Cleveland, Tennessee.
      917 Keith St NW, Cleveland, TN 37311
      View Details
    • $75,000
      0.14 Acres

      Prime Cleveland Parking Lot

      25 Spaces, 0.14 Acres, $75,000
      320 3Rd St, Cleveland, TN 37311
      View Details
    • $649,000
      6,656 SF

      Cleveland Commercial Properties Package

      Two commercial properties with unlimited potential in Cleveland, Tennessee.
      650 Central Ave NE, Cleveland, TN 37311
      View Details
    • $1,500,000
      384 SF

      Corner Lot Investment Opportunity

      High-traffic corner lot with income potential in Cleveland, TN.
      402 Inman St W, Cleveland, TN 37311
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      6,300 SF

      Renovated Shop Space For Rent

      Renovated shop space with office and wash bay available for rent.
      1009 S Lee Hwy, Cleveland, TN 37311
      View Details
    • Contact for pricing

      Retail Space in Cleveland, TN

      Grocery-anchored retail space available in Cleveland, Tennessee.
      200 Grove Ave Southwest, Cleveland, TN 37311
      View Details
    • Contact for pricing
      6,800 SF

      Retail Space in Cleveland, Tennessee

      Retail property in a key regional hub near Chattanooga.
      200-222 Grove Ave NW, Cleveland, TN 37311
      View Details
    • $1,450 /Mo
      990 SF

      Furnished Hair Salon in Cleveland

      Fully furnished hair salon with 8 stations and customer waiting area.
      2328 Georgetown Rd NW, Cleveland, TN 37311
      View Details
    • $12 SF/Yr
      22,000 SF

      Cleveland TN Office Space for Lease

      Prime Office Space, Flexible Lease Terms
      201 Keith St, Cleveland, TN 37311
      View Details
    • $75,000
      1 SF

      Land for Lease on Georgetown

      Pad site available for ground lease in growing area.
      Georgetown Rd NW, Cleveland, TN 37311
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1250 Old Chattanooga SW Pike
    Cleveland, TN 37311-8495
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.