Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Medical Office Space
2301 Ocoee St Cleveland, TN 37311-3863
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-0791916
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
14,925 SF
Lot
1.03 ac (45,002 SF)
Zoning code
PI
APN
049D H 006.00 000
UPID
US80-0791916
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
-
Highbrow Cleveland Permanent Makeup Studio (Cleveland Location) Medical Clinic Skin Care Clinic
-
Cynthia Harris Physician
-
Revive Aesthetics - Cleveland Spa & Massage Center Alternative Medicine Practice
-
Christine Sneed Medical Clinic
-
James Knabb Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$460k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$959k
Blend (final)
Blend
$710k
Owner & transaction history
Christopher N Mullin · 5 yrs held
Christopher N Mullin
since 2020
7 recorded transactions
Zoning & alternative use
PI · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
A. All Uses Allowed by Right in the R-1, R-2, R-3, R-5, CN, PI, and CG Districts. 2.13.2 Conditional uses. 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 (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses: A. Existing or replacement of s…
Zone name
Professional Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
377.85 ac
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
by Request
ML approach
$460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,060,000
Current use
Blend value · Realmo final
$710k
Range $639k – $781k · ±10%
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
$48 / 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
$9,460
Tax year 2023
Assessed value
$657,280
Assessed 2023
Previous assessed
$657,280
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$192,000
Assessed improvement
$465,280
Land market value
$480,000
Improvement market value
$1,163,200
Total market value
$1,643,200
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
2
Rooms
51
Bathrooms
7
Total area
14,925 SF
Lot
1.03 ac (45,002 SF)
Zoning code
PI
APN
049D H 006.00 000
UPID
US80-0791916
Jurisdiction
BRADLEY
Zoning & alternative use
PI · Cleveland, TNZoning PI · permitted uses
PI · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
A. All Uses Allowed by Right in the R-1, R-2, R-3, R-5, CN, PI, and CG Districts. 2.13.2 Conditional uses. 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 (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses: A. Existing or replacement of single family or multi -family developments on existing sites subject to the section 3.0 Site Design Standards for
Zone name
Professional Institutional
General category
CIVIC_INSTITUTIONAL
Zone area
377.85 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.1M
MEDICAL BUILDING 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
1973
Heating
YES
Cooling
Yes
Stories
1
Units
2
Rooms
51
Bathrooms
7
Lot
1.03 ac
Current owner
From public records · entity-resolved
Christopher N Mullin
Individual
Mailing address
2301 N OCOEE ST STE A, CLEVELAND, TN 37311-3869
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
—
Mullin Christopher
—
Deed
related
$250,000 · Pinnacle Bank
Nov 10, 2020
—
Christopher N Mullin
Ocoee Associates
Intrafamily Transfer
related
$1,305,000 · Cogent Bank
Sep 13, 2017
—
Ocoee Associates
—
Deed
related
$1,311,999 · Regions Bk
Aug 18, 2015
—
Ocoee Associates
—
Trustees Deed
related
$1,438,014 · Regions Bk
May 23, 2006
—
Ocoee Associates
Bowers,william D
Quit Claim Deed
—
—
—
Ocoee Associates
—
Deed Of Trust
related
$61,709 · Regions Bank
—
—
Ocoee Associates
—
Deed Of Trust
related
$1,419,500 · Regions Bank
—
—
Ocoee Associates
—
Loan Modification
related
$1,311,999 · Regions Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2301 Ocoee St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
