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Property profile & analytics
OFF-MARKET
Warehouses
2350 Young SE Rd Cleveland, TN 37323-4845
Individually Owned
4-yr Hold
Free & Clear
Property ID
US80-2590727
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
24,424 SF
Lot
5.5 ac (239,580 SF)
Zoning code
I1
APN
066J B 025.00 000
UPID
US80-2590727
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
-
Cleveland Tent & Equipment Rental Co Party Supply Store Rental Equipment Company
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
Scott Lee Rymer · 4 yrs held
Scott Lee Rymer
since 2021
Last sale
$100,000
7 recorded transactions
Zoning & alternative use
I1 · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
Assessed value
$41,040
Assessed 2023
Previous assessed
$41,040
+0.0% YoY
Assessed land
$21,840
Assessed improvement
$19,200
Land market value
$54,600
Improvement market value
$48,000
Total market value
$102,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
2
Total area
24,424 SF
Lot
5.5 ac (239,580 SF)
Zoning code
I1
APN
066J B 025.00 000
UPID
US80-2590727
Jurisdiction
BRADLEY
Zoning & alternative use
I1 · Cleveland, TN
Zoning I1 · permitted uses
I1 · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1967
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
2
Lot
5.5 ac
Current owner
From public records · entity-resolved
Scott Lee Rymer
Individual
Free & Clear · 4 yrs held
Mailing address
2350 YOUNG RD SE, CLEVELAND, TN 37323-4845
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2024
—
Scotty Lee Rymer
—
Deed
related
$600,000 · First Farmers And Commercial Bank
Oct 23, 2023
—
Scotty Lee Rymer
—
Deed
related
$250,000 · First Farmers And Commercial Bank
Aug 11, 2021
—
Scott Lee Rymer
April Rymer
Intrafamily Transfer
related
—
Mar 27, 2018
—
Scott Rymer
—
Deed
related
$86,000 · First Bk/tn
Mar 9, 2018
—
Scott Rymer
Carroll George C Trust
Grant Deed
related
—
May 19, 2017
$100,000
Scott Rymer
Carroll George C Trust
Warranty Deed
$86,000 · First Bk/tn
Apr 24, 2000
—
George C Carroll
Unknown
Grant Deed
related
—
—
—
Scott Rymer
—
Deed Of Trust
related
$250,000 · First Bk/tn
—
—
Scott Rymer
—
Loan Modification
related
$86,000 · First Bk/tn
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
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