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Property profile & analytics
OFF-MARKET Estimated value $655,000
Motels

2550 Georgetown NW Rd Cleveland, TN 37311-3533

25,078 SF 1.3 ac lot Built 1985
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US80-0534328
Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1985
Total area 25,078 SF
Lot 1.3 ac (56,619 SF)
Zoning code CH
APN 041K H 001.00 000
UPID US80-0534328
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
  • Days Inn by Wyndham Cleveland TN Hotel & Motel
  • Days Inn Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$629k
Blend (final) Blend
$655k
Owner & transaction history
Raj Empire Group LLC · 7 yrs held
Raj Empire Group LLC
since 2019
7 recorded transactions
2019
$1.4M
2008
Price N/A
2006
Price N/A
2006
$1.6M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 amended by Ord. 2022-29, August 2022) 2.12 CBD District (Central Business District) (as amended by Ord. 2021- 13, May 2021) Intent, Goals, and…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 2,274.79 ac
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