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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Motels
1300 Lee Hwy Cleveland, TN 37311-5863
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-2587669
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1954
Total area
2,584 SF
Lot
1.03 ac (44,688 SF)
Zoning code
LH2
APN
057B G 018.00 000
UPID
US80-2587669
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
-
New Life Lodge Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Dsip LLP · 3 yrs held
Dsip LLP
since 2023
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
LH2 · 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
$715,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $800k (Mar 10 2023)
Last sale anchor
$800k
Mar 10 2023
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
$292 / 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
$2,857
Tax year 2023
Assessed value
$198,480
Assessed 2023
Previous assessed
$198,480
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$103,040
Assessed improvement
$95,440
Land market value
$257,600
Improvement market value
$238,600
Total market value
$496,200
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
1954
Heating
RADIANT
Buildings
3
Stories
1
Rooms
5
Bathrooms
9
Total area
2,584 SF
Lot
1.03 ac (44,688 SF)
Zoning code
LH2
APN
057B G 018.00 000
UPID
US80-2587669
Jurisdiction
BRADLEY
Zoning & alternative use
LH2 · Cleveland, TNZoning LH2 · permitted uses
LH2 · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Heating
RADIANT
Stories
1
Buildings
3
Rooms
5
Bathrooms
9
Lot
1.03 ac
Current owner
From public records · entity-resolved
Dsip LLP
Entity
Mailing address
6234 PERIMETER DR STE B101, CHATTANOOGA, TN 37421-3670
Ownership since
2023
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
Mar 10, 2023
—
Dsip LLP
Tmd Properties LLC
Quit Claim Deed
related
$1,000,000 · Southeast Bank
Apr 5, 2022
$800,000
Tmd Properties LLC
Three Oaks Investments LLC
Warranty Deed
$970,000 · Dominion Financial Services LLC
Apr 27, 2018
$440,000
S Lee Hwy LLC
Spencer,eric
Warranty Deed
—
Apr 27, 2018
$500,000
Three Oaks Investments LLC
S Lee Hwy LLC
Warranty Deed
$491,990 · Finance Of America Com'l LLC
Feb 26, 2016
—
Eric Spencer
Webb,tony
Quit Claim Deed
related
—
May 12, 2015
$298,000
Tony|kertesz Ryan Webb
Spencer Eric
Warranty Deed
$298,000 · Richard Spencer
May 12, 2015
$262,000
Eric Spencer
New Life Bible Church INC
Warranty Deed
—
Aug 6, 2001
$123,000
New Life Bible Church INC
Campbell,david A
Grant Deed
—
—
—
Three Oaks Investments LLC
—
Deed Of Trust
related
$567,872 · Millennium Bk
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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