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Property profile & analytics
OFF-MARKET
Office Spaces

1823 Apd 40 Cleveland, TN 37323-6558

2,380 SF 0.64 ac lot Built 1988
Individually Owned 8-yr Hold Free & Clear
Property ID
US80-0605259
Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1988
Total area 2,380 SF
Lot 0.64 ac (27,878 SF)
Zoning code R1
APN 058P D 001.09 000
UPID US80-0605259
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sonya A Merkel · 8 yrs held
Sonya A Merkel
since 2018
5 recorded transactions
2018
$300,000
2012
$126,000
2011
$349,611
2001
$110,000
1988
$90,000
Zoning & alternative use
R1 · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

given conditional use in the R -1 district. (as amended by Ord. #14, March 2001, and Ord. #2007-34, Sept. 2007). 2.3 R-1 DISTRICT (Single-Family Residential). 2.3.1 Uses allowed. The R -1, Single -Family Residential, District allows the following uses: A. Single-Family Detached Dwellings; B, Home Occupations, subject to 3.10. 2.3.2 Conditional Uses. The foll…

Zone name Single Family Residential
General category RESIDENTIAL
Zone area 4,817.82 ac
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