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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Office Spaces
2850 Ralph Buckner NE Blvd Cleveland, TN 37311
Entity Owned
~
Est. High Equity
Property ID
US80-2157251
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2000
Total area
5,592 SF
Lot
0.55 ac (23,958 SF)
Zoning code
IL
APN
050J A 018.00 000
UPID
US80-2157251
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$715k
CAP Approach
CAP
$870k
Comparable Approach
Comparable
$832k
Blend (final)
Blend
$735k
Owner & transaction history
Arbw Partnership
Arbw Partnership
since 2026
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
IL · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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 (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses: A. Existing or replacement of single family or multi -family developments on existing sites subject to the section 3.0 Site Design Standar…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
2,496.92 ac
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
$670,000
ML approach
$715,000
CAP Approach
CAP Return
Estimation
6%
$945,000
6.5%
$870,000
7%
$810,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$615,000
Current use
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $750k (Sep 8 2023)
Last sale anchor
$750k
Sep 8 2023
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
$131 / 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
$2,999
Tax year 2023
Assessed value
$208,360
Assessed 2023
Previous assessed
$208,360
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$46,120
Assessed improvement
$162,240
Land market value
$115,300
Improvement market value
$405,600
Total market value
$520,900
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
10
Bathrooms
1
Total area
5,592 SF
Lot
0.55 ac (23,958 SF)
Zoning code
IL
APN
050J A 018.00 000
UPID
US80-2157251
Jurisdiction
BRADLEY
Zoning & alternative use
IL · Cleveland, TNZoning IL · permitted uses
IL · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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 (Light Industry). 2.14.1 The IL (Light Industry) District, includes the following uses: A. Existing or replacement of single family or multi -family developments on existing sites subject to the section 3.0 Site Design Standards for
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
2,496.92 ac
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$615,000
COMMERCIAL (GENERAL) Current
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
2000
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
10
Bathrooms
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Arbw Partnership
Entity
Mailing address
1970 EAGLE DR, WOODSTOCK, GA 30189-2338
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2026
$1,043,100
Arbw Partnership
Poole Funeral Home Holdings Tennessee In
Special Warranty Deed
—
Sep 8, 2023
$750,000
Poole Funeral Home Holdings Tn INC
Ralph Buckner JR
Limited Warranty Deed
$5,072,333 · Ralph Buckner
Sep 8, 2023
—
Brian Keith Poole
—
Deed
related
$250,000 · Ralph Buckner Etux
Nov 19, 2021
—
Ralph Buckner JR
Christopher Mayberry
Quit Claim Deed
related
—
Aug 27, 2021
—
Ralph B Buckner JR
—
Deed
related
$575,000 · Ellis Galyon
Nov 22, 2017
—
Chari Buckner
Buckner,ralph JR
Quit Claim Deed
related
$497,250 · Andrew Johnson Bank
Apr 11, 2017
—
West Tennessee Funeral Assoc
—
Deed
related
$450,000 · Atlantic Cap Bk
Apr 10, 2013
—
Tennessee Funeral Assoc West
—
Trustees Deed
related
$150,500 · Fsgbank NA Village Green
Apr 4, 2013
—
Tennessee Funeral Assoc West
—
Trustees Deed
related
$450,000 · Fsgbank NA Village Green
Apr 3, 2013
—
Tennessee Funeral Assoc West
—
Trustees Deed
related
$287,000 · Fsgbank
Feb 7, 2013
—
Ralph Buckner JR.
—
Trustees Deed
related
$350,000 · Fsgbank NA Village Green
—
—
Robert D Burris
—
Deed Of Trust
related
$500,000 · Thorogood George W SR Tr (tr)
—
—
Ralph B Buckner JR.
—
Loan Modification
related
$350,000 · Fsgbank
—
—
East Tennessee Funeral Assocs
—
Loan Modification
related
$446,432 · Fsgbank
—
—
West Tennessee Funeral Assoc
—
Loan Modification
related
$450,000 · Atlantic Cap Bk
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.
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