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Property profile & analytics
OFF-MARKET
Estimated value
$5,315,000
Retail properties & Spaces
250 Paul Huff NW Pkwy Cleveland, TN 37312
Entity Owned
~
Est. High Equity
Property ID
US80-1536812
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
31,054 SF
Lot
18.56 ac (808,474 SF)
Zoning code
CH
APN
034 064.14 000
UPID
US80-1536812
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
-
Nails of America Nail Salon
-
Chicken Salad Chick Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.43M
CAP Approach
CAP
$4.52M
Comparable Approach
Comparable
$5.35M
Blend (final)
Blend
$5.32M
Owner & transaction history
Y & H Real Estate LLC
Y & H Real Estate LLC
since 2025
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
CH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+60.1%
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
$5,490,000
ML approach
$4,425,000
CAP Approach
CAP Return
Estimation
6%
$4,890,000
6.5%
$4,515,000
7%
$4,190,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,560,000
Change: +60% · Conversion: Easy
Blend value · Realmo final
$5.32M
Range $4.78M – $5.85M · ±10% · vs last sale $6.05M (Jun 4 2021)
Last sale anchor
$6.05M
Jun 4 2021
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
$171 / 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
$46,362
Tax year 2023
Assessed value
$3,221,400
Assessed 2023
Previous assessed
$3,221,400
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$1,768,320
Assessed improvement
$1,453,080
Land market value
$4,420,800
Improvement market value
$3,632,700
Total market value
$8,053,500
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
AC.PACKAGE
Buildings
11
Stories
1
Units
12
Rooms
51
Bathrooms
44
Total area
31,054 SF
Lot
18.56 ac (808,474 SF)
Zoning code
CH
APN
034 064.14 000
UPID
US80-1536812
Jurisdiction
BRADLEY
Zoning & alternative use
CH · Cleveland, TN
Zoning CH · permitted uses
CH · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$4.6M
COMMERCIAL (GENERAL)
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
1999
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
11
Units
12
Rooms
51
Bathrooms
44
Lot
18.56 ac
Current owner
From public records · entity-resolved
Y & H Real Estate LLC
Entity
Mailing address
7950 RHODES FARM WAY, CHATTANOOGA, TN 37421-8232
Ownership since
2025
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
Aug 29, 2025
$24,500,000
Y & H Real Estate LLC
Nla Cleveland LLC
Special Warranty Deed
$17,150,000 · Bbcn Bank
Jun 4, 2021
$6,046,560
Paul Huff Cleveland Partnership
Lb Ubs 2007 C6 Paul Huff Parkway Ll
Special Warranty Deed
$5,139,576 · Symplybank
Jul 3, 2018
$10,455,000
Lb-ubs 2007-c6 Paul Huff Parkw
Prochaska Joseph R
Trustees Deed
related
—
Jun 26, 2007
$17,325,000
Hickory Grove LLC
Pdq Kenleon Tenn LLC
Grant Deed
$14,500,000 · Lehman Brothers Bank Fsb
Nov 14, 2002
$11,862,352
Kenleon T Pdq
Fairfield,develo
Grant Deed
—
Nov 14, 2002
—
City Of Cleveland Tennesse
Fairfield,develo
Grant Deed
related
—
Oct 31, 2002
—
City Of Cleveland Tennesse
Fairfield,develo
Grant Deed
related
—
—
—
Dq Of Cleveland INC
—
Deed Of Trust
related
$850,000 · Dqf INC
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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