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    Property profile & analytics

    156 James Asbury NW Dr Cleveland, TN 37312-2977

    • Motels
    • 28,372 SF
    • 1.70 lot acres
    OFF-MARKET
    Value Estimation
    $845,000
    Location Intelligence
    Property ID
    US80-1529363
    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

    • Red Roof Inn & Suites Cleveland, TN / Hotel / Extended Stay Hotel

    Property Details for 156 James Asbury NW Dr

    Year built
    1991
    Lot size
    1.70 lot acres
    Property size
    28,372 SF
    Zone code
    CG
    Property type
    Motels
    APN
    033L C 004.00 000
    APU
    033LC00400000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.8699
    Latitude
    35.2119
    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
    $10,586
    $343,120
    $392,440
    $735,560
    -
    $857,800
    $981,100
    $1,838,900

    Comparable in this City

    • Value Estimation
      $775,000
      10,261 SF

      210 James Asbury NW Dr

      MOTEL • 10,261 SF
      210 James Asbury NW Dr, Cleveland, TN 37312-2984
      View Details
    • Value Estimation
      $1,035,000
      4,720 SF

      134 James Asbury NW Dr

      MOTEL • 4,720 SF
      134 James Asbury NW Dr, Cleveland, TN 37312-2977
      View Details
    • Value Estimation
      $1,895,000
      2,995 SF

      2655 Westside NW Dr

      MOTEL • 2,995 SF
      2655 Westside NW Dr, Cleveland, TN 37312-3606
      View Details
    • Value Estimation by Request
      50,514 SF

      130 Interstate NW Dr

      MOTEL • 50,514 SF
      130 Interstate NW Dr, Cleveland, TN 37312-2641
      View Details
    • Value Estimation
      $485,000
      20,100 SF

      163 Bernham NW Dr

      MOTEL • 20,100 SF
      163 Bernham NW Dr, Cleveland, TN 37312-2979
      View Details
    • Value Estimation
      $980,000
      24,124 SF

      153 James Asbury NW Dr

      MOTEL • 24,124 SF
      153 James Asbury NW Dr, Cleveland, TN 37312-2977
      View Details

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    Similar Nearby for Lease

    • $27 SF/Yr
      80,000 SF

      Cleveland Office Suite - Bradley Square

      144 sq ft Executive Office Space Available
      1510 Stuart Rd, Cleveland, TN 37312
      View Details
    • Contact for pricing
      5,164 SF

      Office Space in Cleveland, TN

      5,164 SF office space available for rent.
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      View Details
    • $12 SF/Yr
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      Bradley Place Executive Suites

      Cleveland, TN Office Space Available
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      View Details
    • $30 SF/Yr
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      Cleveland Medical Office Space for Lease

      Modern medical office suite, 4,360 sq ft, available now.
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      View Details
    • $1,495 /Mo
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      Class A Office Condo

      Office condo for lease with reception and executive office.
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    • $14 SF/Yr
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      Executive Park Office Space

      7,312 sq ft Office Building in Cleveland, TN
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    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      363
    • Avg Time on site
      358 min
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    Cleveland, TN 37312-2977
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    Realmo Value Estimation

    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.

    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.

    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
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