Technical
Financial
Distress signals
Property profile

3500 Peerless NW Rd Cleveland, TN 37312

OFF-MARKET
Manufacturing properties
Property ID
US80-0703112
721,704 SF 34.28 ac lot Built 1957
Individually Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 721,704 SF
Lot 34.28 ac (1,493,237 SF)
Zoning code IH
APN 041D F 001.00 000
UPID US80-0703112

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • General Contractor Construction Company
  • Industrial Manufacturer Production Facility
  • Employment Agency
  • Take-out & Catering Catering Service
  • Electrical Service General Contractor

Location

3500 Peerless NW Rd Cleveland, TN 37312-3434
Cleveland metro Census 10100 CLEVELAND, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$34.46M
Blend (final) Blend
$545k

Owner & transaction history

since 2020
3 recorded transactions
2020
Price N/A
2008
Price N/A
2001
$3,500

Zoning & alternative use

IH · Cleveland, TN
Zoning description

2.15 IH District (Heavy Industry). 2.15.1 The IH (Heavy Industry) District includes the following uses: A. All uses allowed by right in the IL zoning district including existing or replacement of single family or existin…

General category INDUSTRIAL
Top alternative use upside
Warehouse, storage $38.5M +11.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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