Technical
Financial
Distress signals
Property profile

2400 Georgetown NW Rd Cleveland, TN 37311

OFF-MARKET
Retail space
Property ID
US80-1337310
25,394 SF 1.75 ac lot Built 1959
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 25,394 SF
Lot 1.75 ac (76,200 SF)
Zoning code CH
APN 041N C 008.00 000
UPID US80-1337310

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency

Location

2400 Georgetown NW Rd Cleveland, TN 37311-3531
Cleveland metro Census 10600 CLEVELAND, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$405k

Owner & transaction history

since 2005
7 recorded transactions
2018
Price N/A
2018
Price N/A
2005
Price N/A
2005
$565,000
2004
Price N/A
1993
$128,000
1993
$128,000

Zoning & alternative use

CH · Cleveland, TN
Zoning description

CH zone. E. Car wash. F. Oil change facilities. (As amended by Ord. #11, March 2001, Ord. #20, March 2002, and Ord. #23, Sept. 2002) G. Animal Kennel and Boarding (as amended by Ord. #25, Aug. 2020) H. Nightclubs (as ame…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $2.8M +47.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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