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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Office Spaces
1401 Spg Pl SE Rd Cleveland, TN 37311-7069
Individually Owned
~
Est. High Equity
Property ID
US80-1093495
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2001
Construction
FRAME
Total area
4,968 SF
Lot
1.06 ac (46,008 SF)
Zoning code
CH
APN
057M C 010.00 000
UPID
US80-1093495
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
-
East Tennessee Bail Bonding Law Firm
-
Tennessee Recovery & Monitoring Medical Clinic
-
Cumberland Bail Bonds - Bradley, Hamilton, Cumberland, Davidson, Knox, Sullivan, Blount, Washington County Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$528k
Blend (final)
Blend
$620k
Owner & transaction history
Hayden Hall
Hayden Hall
since 2025
Last sale
$670,000
7 recorded transactions
Zoning & alternative use
CH · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $670k (Dec 8 2025)
Last sale anchor
$670k
Dec 8 2025
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
$125 / 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
$1,902
Tax year 2023
Assessed value
$132,160
Assessed 2023
Previous assessed
$132,160
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$17,080
Assessed improvement
$115,080
Land market value
$42,700
Improvement market value
$287,700
Total market value
$330,400
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
1
Bathrooms
0
Total area
4,968 SF
Lot
1.06 ac (46,008 SF)
Zoning code
CH
APN
057M C 010.00 000
UPID
US80-1093495
Jurisdiction
BRADLEY
Zoning & alternative use
CH · Cleveland, TN
Zoning CH · permitted uses
CH · 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
2001
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
0
Lot
1.06 ac
Current owner
From public records · entity-resolved
Hayden Hall
Individual
Mailing address
PO BOX 1399, CLEVELAND, TN 37364-1399
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2025
$670,000
Hayden Hall
Foresite Development LLC
Warranty Deed
$536,000 · Southeast Bank
Sep 7, 2023
—
Thomas A Baggenstoss
—
Deed
related
$418,390 · Tower Community Bank
Mar 14, 2017
—
Foresite Dev LLC
—
Trustees Deed
related
$725,000 · Pinnacle Bk
Aug 7, 2015
—
Foresite Dev LLC
Bagenstoss Surety LLC
Quit Claim Deed
related
—
Jul 30, 2014
$160,000
Bagenstoss Surety LLC
Chastain Toddy
Warranty Deed
$232,000 · Citizens Tri County Bank
Nov 22, 2011
$150,000
Toddy Chastain
Calhoun,alvin
Grant Deed
—
Apr 15, 2005
$30,000
Alvin Calhoun
Scoggins,lamar
Quit Claim Deed
related
—
Apr 5, 2001
$3,000
Cash,t
Pike,p
Trustees Deed
related
—
Mar 13, 2001
$20,000
Calhoun,a
Ruble,j
Trustees Deed
—
—
—
Alvin E Calhoun
—
Deed Of Trust
related
$200,000 · Firstbank NA
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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