Realmo Analytics

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Property profile

2765 Michigan Ave NE Rd Cleveland, TN 37323

OFF-MARKET
Warehouses
Property ID
US80-2088101
38,250 SF 2 ac lot Built 1997
Last sale Feb 2022 · $6,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional industrial property, located at 2765 Michigan Ave Rd NE in Cleveland, Tennessee, offers a significant opportunity for businesses seeking substantial warehouse space. The Michigan Avenue Industrial Park comprises ten buildings totaling 330,000 square feet, situated in Bradley County's Cleveland submarket. Currently, over 40,000 square feet of warehouse space is available for lease, ideal for medium to large-scale operations. The park's strategic location provides convenient…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$364k
Assessed land$27k
Assessed improvement$337k
Effective rate1.44%

Value estimate

· Oct 2026
$5.72M
$5.14M – $6.29M
AI approach$5.58M
CAP approach$3.78M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$53/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$30 – $77

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IL
A. All uses allowed by right in the CH and IL Districts which are not otherwise allowed by right in the MU District. 2.14 IL District (Li...
General categoryINDUSTRIAL
JurisdictionBRADLEY

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.4
Wholesale Shop11.7
Hair Salon10.8

Location

2765 Michigan Ave NE Rd Cleveland, TN 37323-5403
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
928 Minnis NE, Cleveland, TN 37323-5235 $3,900,000 Dec 2025 40,000 SF
3939 Michigan Ave NE, Cleveland, TN 37323-5903 $6,863,624 Sep 2023 55,500 SF
4020 Dalton SE, Cleveland, TN 37323-9155 $416,000 Aug 2023 23,040 SF
184 Durkee NE, Cleveland, TN 37323 $600,000 Oct 2022 24,000 SF
6215 Spg Pl SE, Cleveland, TN 37323-8913 $1,400,000 Aug 2021 43,456 SF
2350 Young SE, Cleveland, TN 37323-4845 $100,000 Aug 2021 24,424 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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