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Financial
Distress signals
Property profile

193 Industrial Way SW Cleveland, TN 37311

FOR SALE
Other warehouses
Property ID
US80-2672241
3,600 SF 1.63 ac lot Built 2019
Last sale May 2017 · $85,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
193 Industrial Way SW, Cleveland, TN 37311 For Sale
$1,390,000 3,600 SF
193 Industrial Way SW, Cleveland, TN 37311
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Property summary

AI-generated overview

The property at 193 Industrial Way SW in Cleveland, Tennessee consists of a 7,800-square-foot flex facility made up of two commercial buildings completed in 2019: a 3,000-square-foot building and a 4,800-square-foot building. Each building includes multiple office rooms and a reception area, with full bathrooms that include showers in the office portions and a half bath serving the warehouse areas. Both structures are equipped with two 12-foot drive-in doors and provide 14-foot eave heights.…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$90k
Assessed land$38k
Assessed improvement$52k
Effective rate1.44%

Value estimate

· Oct 2026
$310k
$279k – $341k
AI approach$265k
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 3.60% cap applied$50k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$35 – $101
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3.60%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IL
A. All uses allowed by right in the CH and IL Districts which are not otherwise allowed by right in the MU District. 2.14 IL District (Li...
General categoryINDUSTRIAL
JurisdictionBRADLEY

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant11.3
Building Supply10.4
Auto Parts Store9.4

Location

193 Industrial Way SW Cleveland, TN 37311
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1565 Aurora SE, Cleveland, TN 37311-3038 $220,000 Mar 2025 4,056 SF
1800 Lee, Cleveland, TN 37311-7328 $250,000 Apr 2024 3,500 SF
2009 Blythe SE, Cleveland, TN 37311-0922 $200,000 Mar 2024 3,232 SF
350 2nd SW, Cleveland, TN 37311-5915 $200,000 Aug 2023 2,760 SF
801 15th NE, Cleveland, TN 37311-4690 $35,200 Aug 2023 3,234 SF
214 Oak SW, Cleveland, TN 37311-5829 $600,000 Jul 2023 3,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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