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Property profile & analytics
OFF-MARKET Estimated value $960,000
Motels

132 Keith SW St Cleveland, TN 37311-5869

47,770 SF 1.56 ac lot Built 1962
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US80-1405239
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1962
Total area 47,770 SF
Lot 1.56 ac (68,102 SF)
Zoning code CH
APN 049N B 011.00 000
UPID US80-1405239
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
  • Cleveland Family Physicians Medical Clinic
  • Daybreak Suites Extended Stay - Cleveland Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$855k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$960k
Owner & transaction history
Daybreak Suites-cleveland LLC · 18 yrs held
Daybreak Suites-cleveland LLC
since 2008
5 recorded transactions
2008
Price N/A
2008
$1.2M
2001
Price N/A
1988
$400,000
1969
Price N/A
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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