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Property profile & analytics
OFF-MARKET Estimated value $890,000
Warehouses

20th SE St Cleveland, TN 37311

22,395 SF 0.78 ac lot Built 1994
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US80-2332245
Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Total area 22,395 SF
Lot 0.78 ac (33,977 SF)
Zoning code IH
APN 057M A 039.03 000
UPID US80-2332245
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
$940k
CAP Approach CAP
by Request
Comparable Approach Comparable
$795k
Blend (final) Blend
$890k
Owner & transaction history
Alex Kondor · 2 yrs held
Alex Kondor
since 2023
Last sale
$935,000
7 recorded transactions
2023
$935,000
2023
Price N/A
2013
Price N/A
2013
$187,500
2012
$750,000
1992
$40,000
1992
$40,000
Zoning & alternative use
IH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

2.15 IH District (Heavy Industry). 2.15.1 The IH (Heavy Industry) District includes the following uses: A. All uses allowed by right in the IL zoning district including existing or replacement of single family or existing multi-family developments on existing sites subject to the same conditions as in the IL zoning district. B. Manufacturing businesses, junk…

Zone name Heavy Industrial
General category INDUSTRIAL
Zone area 799.34 ac
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