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    Property profile & analytics

    1833 Apd 40 Cleveland, TN 37323-6558

    • Grocery and convenience stores
    • 5,550 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    $3,140,000
    Last Sale
    Sep 19, 2022
    $3,404,148
    Location Intelligence
    Property ID
    US80-1009527
    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

    • Shell staion / Gas Station
    • Harri's / Gas Station / Convenience Store
    • Bitcoin Depot | Bitcoin ATM / Atm
    • RockItCoin Bitcoin ATM / Atm
    • ATM / Atm

    Property Details for 1833 Apd 40

    Year built
    1987
    Lot size
    1.03 lot acres
    Property size
    5,550 SF
    Zone code
    C2
    Property type
    Grocery and convenience stores
    APN
    058P D 001.00 000
    APU
    058PD00100000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,040,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,310,000
      6.5%
      $3,220,000
      7%
      $3,690,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,565,000
      Geo Method
      $2,765,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,780,000
      Retail
      $2,690,000
      Mixed-Use
      $3,250,000
      Hospitality
      $3,435,000
      Educational
      $3,380,000
      Residential Income
      $3,475,000
      Energy
      $3,030,000
      Income-Based Land
      $3,525,000
      Food Service
      $3,420,000

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.8538
    Latitude
    35.1403
    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
    $3,636
    $37,040
    $167,480
    $204,520
    -
    $92,600
    $418,700
    $511,300

    Comparable in this City

    • Value Estimation
      $665,000
      2,650 SF

      2760 Dalton SE Pike

      GROCERY, SUPERMARKET • 2,650 SF
      2760 Dalton SE Pike, Cleveland, TN 37323-0103
      View Details
    • Value Estimation
      $365,000
      4,930 SF

      2300 Spg Pl SE Rd

      GROCERY, SUPERMARKET • 4,930 SF
      2300 Spg Pl SE Rd, Cleveland, TN 37323-4804
      View Details
    • Value Estimation by Request
      10,640 SF

      7896 Dalton Pike

      Lifestyle centers • 10,640 SF
      7896 Dalton Pike, Cleveland, TN 37323
      View Details
    • Value Estimation
      $700,000
      4,800 SF

      2280 Spg Pl SE Rd

      GROCERY, SUPERMARKET • 4,800 SF
      2280 Spg Pl SE Rd, Cleveland, TN 37323-3342
      View Details
    • Value Estimation
      $300,000
      6,744 SF

      2705 20th NE St

      GROCERY, SUPERMARKET • 6,744 SF
      2705 20th NE St, Cleveland, TN 37323-5809
      View Details
    • Value Estimation
      $410,000
      2,262 SF

      2695 Apd 40

      GROCERY, SUPERMARKET • 2,262 SF
      2695 Apd 40, Cleveland, TN 37323-0696
      View Details

    Similar Nearby for Sale

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    • New
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    Similar Nearby for Lease

    • $19 SF/Yr
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      View Details
    • $7 SF/Yr
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      View Details
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    Cleveland, TN 37323-6558
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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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