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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Grocery and convenience stores
1410 Lee Hwy Cleveland, TN 37311-2531
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-2499301
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1991
Total area
1,500 SF
Lot
0.52 ac (22,499 SF)
Zoning code
CH
APN
057B G 028.00 000
UPID
US80-2499301
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
-
HARRY'S #36 Gas Station
-
LibertyX Bitcoin ATM Atm
-
ATM (Fuel Mart) Atm
-
Shell Gas Station
-
Southern Conv Store 2 Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Jayhir Corp · 6 yrs held
Jayhir Corp
since 2020
Last sale
$680,000
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$383 / 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
$2,316
Tax year 2023
Assessed value
$160,920
Assessed 2023
Previous assessed
$160,920
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$78,000
Assessed improvement
$82,920
Land market value
$195,000
Improvement market value
$207,300
Total market value
$402,300
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1991
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
3
Bathrooms
1
Total area
1,500 SF
Lot
0.52 ac (22,499 SF)
Zoning code
CH
APN
057B G 028.00 000
UPID
US80-2499301
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
1991
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
3
Bathrooms
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Jayhir Corp
Entity
Mailing address
1410 S LEE HWY, CLEVELAND, TN 37311-2531
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2020
$680,000
Jayhir Corp
Southern Convenience Stores Ll
Warranty Deed
$544,000 · Bank Of Cleveland
May 14, 2012
—
Southern Convenience Stores Ll
—
Deed Of Trust
related
$1,597,500 · Bank Of Cleveland
Feb 19, 2004
$300,000
Southern Convenience Stores Ll
Nease,rick J
Grant Deed
—
May 14, 1990
$20,000
Rick J Nease
Unknown
Grant Deed
—
—
—
Southern Convenience Stores Ll
—
Deed Of Trust
related
$600,000 · Bank Of Cleveland
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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