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    Property profile & analytics

    2530 Dalton Pike Cleveland, TN 37323

    • Banks
    • 4,262 SF
    • 0.80 lot acres
    For Sale
    View listing
    $250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US80-0446003
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Southern Heritage Bank / Bank / Atm
    • Southern Heritage Bank ATM / Bank / Atm

    Property Details for 2530 Dalton Pike

    Year built
    2000
    Lot size
    0.80 lot acres
    Property size
    4,262 SF
    Zone code
    CH
    Property type
    Banks
    APN
    065E B 010.01 000
    APU
    065EB01001000

    Description

    This exceptional 10-acre commercial land parcel presents a rare build-to-suit opportunity in a prime Cleveland, Tennessee location. Situated at 2530 Dalton Pike SE, 37323, this property boasts unparalleled visibility and accessibility, directly adjacent to Highway 40 and Dalton Pike. The site is surrounded by major national retailers, ensuring high traffic volume and strong consumer demographics. This fast-growing area experiences robust commercial and residential development, making this an ideal investment for businesses seeking high exposure and a thriving market. Utilities are readily available on-site. The property offers the potential for an easement agreement with the adjacent Super Walmart, further enhancing its strategic value. This is a unique chance to develop a custom-built facility tailored to your specific business needs in a location with exceptional visibility and access. The property's single-tenant zoning provides flexibility for a variety of commercial uses. Don't miss this opportunity to establish your business in one of Cleveland's most desirable commercial areas.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $245,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $225,000
      Market price range: $156k - $283k

    • Alternative Use

      Use
      Estimation
      FINANCIAL BUILDING
      $205,000
      Current use
      RETAIL STORES
      $385,000
      Change: +87% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $310,000
      Change: +50% Conversion: Difficult
      MEDICAL BUILDING
      $290,000
      Change: +41% Conversion: Difficult
      WAREHOUSE, STORAGE
      $205,000
      Change: -1% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.867
    Latitude
    35.1282
    CBSA code
    17420
    CBSA name
    CLEVELAND, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,971
    $180,320
    $165,080
    $345,400
    -
    $450,800
    $412,700
    $863,500

    Comparable in this City

    • Value Estimation
      $285,000
      5,946 SF

      2440 Treasury SE Dr

      FINANCIAL BUILDING • 5,946 SF
      2440 Treasury SE Dr, Cleveland, TN 37323-7183
      View Details
    • Value Estimation
      $240,000
      4,434 SF

      2450 Treasury SE Dr

      FINANCIAL BUILDING • 4,434 SF
      2450 Treasury SE Dr, Cleveland, TN 37323-7183
      View Details
    • Value Estimation
      $60,000
      3,642 SF

      1220 Perimeter SE Dr

      FINANCIAL BUILDING • 3,642 SF
      1220 Perimeter SE Dr, Cleveland, TN 37323
      View Details
    • Value Estimation
      $260,000
      7,696 SF

      1811 Apd 40

      RETAIL STORES (PERSONAL SERVICES) • 7,696 SF
      1811 Apd 40, Cleveland, TN 37323-6558
      View Details
    • Value Estimation by Request
      10,640 SF

      7896 Dalton Pike

      Lifestyle centers • 10,640 SF
      7896 Dalton Pike, Cleveland, TN 37323
      View Details
    • Value Estimation by Request
      1,440 SF

      221 Old Kinser SE Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,440 SF
      221 Old Kinser SE Rd, Cleveland, TN 37323-8195
      View Details

    Similar Nearby for Sale

    • $295,000
      0.80 Acres

      Land on Michigan Avenue, Cleveland

      Two adjoining parcels for sale in a rapidly growing area.
      2742 Michigan Avenue Rd NE, Cleveland, TN 37323
      View Details
    • $199,900
      Pending

      Land on Spring Place Road

      7.12 acres of land in a prime location.
      7.12 Ac Spg Pl Rd SE, Cleveland, TN 37323
      View Details
    • $275,000
      3.30 Acres

      3.3 Acre Commercial Lot

      Strategically located 3.3-acre lot zoned C2 in Cleveland, TN.
      Spring Place Rd SE, Cleveland, TN 37323
      View Details
    • $648,500
      28.81 Acres

      Land with Prime Views

      28.81 acres of land with views near Cleveland, TN.
      26b Hughes Lake Rd SE, Cleveland, TN 37323
      View Details
    • New
      $250,000
      14.68 Acres

      14.68 Acres Near Downtown Cleveland

      14.68-acre parcel near downtown Cleveland, Tennessee, ideal for development.
      4475 Bates Pike SE, Cleveland, TN 37323
      View Details
    • $40,000
      Pending

      Residential Lot in Cleveland, TN

      Residential building lot in a convenient Cleveland, TN location.
      Dalton Pike SE, Cleveland, TN 37323
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      45,079 SF

      Sterling Pointe: Office Space Available

      Cleveland, TN Office Center: Multiple Suites, High Visibility
      2308 Treasury Dr, Cleveland, TN 37323
      View Details
    • $7 SF/Yr
      450,000 SF

      Cleveland Industrial Campus

      450,000 SF Manufacturing/Warehouse
      3000 20Th St, Cleveland, TN 37323
      View Details
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    2530 Dalton Pike
    Cleveland, TN 37323
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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