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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Office Spaces
175 Industrial SW Ct Cleveland, TN 37311-7111
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-2644836
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2004
Total area
5,449 SF
Lot
3.22 ac (140,263 SF)
Zoning code
IL
APN
065 003.23 000
UPID
US80-2644836
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
-
Omni Visions Social Service Agency Charitable Organization
-
Cleveland Youth Academy Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$640k
CAP Approach
CAP
$850k
Comparable Approach
Comparable
$679k
Blend (final)
Blend
$660k
Owner & transaction history
Scioto Properties Sp 17 LLC · 3 yrs held
Scioto Properties Sp 17 LLC
since 2023
Last sale
$680,000
7 recorded transactions
Zoning & alternative use
IL · 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
$610,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$920,000
6.5%
$850,000
7%
$790,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$595,000
Current use
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $680k (May 5 2023)
Last sale anchor
$680k
May 5 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
$121 / 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
$2,447
Tax year 2023
Assessed value
$170,000
Assessed 2023
Previous assessed
$170,280
-0.2% YoY
Effective rate
1.44%
On assessed value
Assessed land
$58,000
Assessed improvement
$112,000
Land market value
$145,000
Improvement market value
$280,000
Total market value
$425,000
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
2004
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
25
Bathrooms
4
Total area
5,449 SF
Lot
3.22 ac (140,263 SF)
Zoning code
IL
APN
065 003.23 000
UPID
US80-2644836
Jurisdiction
BRADLEY
Zoning & alternative use
IL · Cleveland, TN
Zoning IL · permitted uses
IL · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$595,000
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
25
Bathrooms
4
Lot
3.22 ac
Current owner
From public records · entity-resolved
Scioto Properties Sp 17 LLC
Entity
Mailing address
160 E OLENTANGY ST, POWELL, OH 43065-9065
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2023
$680,000
Scioto Properties Sp 17 LLC
3ls Properties INC
Special Warranty Deed
$11,042 · Heartland Bank
Aug 2, 2018
$330,120
3ls Properties INC
Alvin Calhoun
Warranty Deed
—
Jan 15, 2014
—
Alvin Calhoun
—
Trustees Deed
related
$149,900 · Bank Of Cleveland
Nov 26, 2013
$130,000
Alvin Calhoun
Commerce Union Bk
Grant Deed
—
Sep 26, 2012
$346,000
Commerce Union Bk
Tme Heartland LLC
Deed In Lieu Of Foreclosure
related
—
Nov 15, 2007
—
Tme Heartland LLC
Hearthwood Properties 2 LLC
Quit Claim Deed
related
—
—
—
Tme Heartland LLC
—
Deed Of Trust
related
$2,733,951 · Commerce Union Bank
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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