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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Retail space
4627 Lee Hwy Cleveland, TN 37312-4042
Trust Owned
15-yr Hold
Free & Clear
Property ID
US80-0583981
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
15,840 SF
Lot
1.63 ac (70,876 SF)
Zoning code
CH
APN
034O B 004.00 000
UPID
US80-0583981
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
-
Dana Connors Crye-Leike, REALTORS® Real Estate Agency
-
Jeff Kouvalas, Crye-Leike Realtor Real Estate Agency
-
The Jannis Sams Team Real Estate Agency
-
Crye-Leike, Realtors Real Estate Agency
-
Cindy Chase, Crye-Leike Realtors Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$1.22M
Owner & transaction history
Crye Harold E Living Trust · 15 yrs held
Crye Harold E Living Trust
since 2011
6 recorded transactions
Zoning & alternative use
CH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,450,000
Current use
AUTO REPAIR, GARAGE
$1,190,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±10%
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
$77 / 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
$9,116
Tax year 2023
Assessed value
$633,400
Assessed 2023
Previous assessed
$633,400
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$420,000
Assessed improvement
$213,400
Land market value
$1,050,000
Improvement market value
$533,500
Total market value
$1,583,500
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
6
Rooms
12
Bathrooms
6
Total area
15,840 SF
Lot
1.63 ac (70,876 SF)
Zoning code
CH
APN
034O B 004.00 000
UPID
US80-0583981
Jurisdiction
BRADLEY
Zoning & alternative use
CH · Cleveland, TN
Zoning CH · permitted uses
CH · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cleveland. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
6
Rooms
12
Bathrooms
6
Lot
1.63 ac
Current owner
From public records · entity-resolved
Crye Harold E Living Trust
Trust
Free & Clear · 15 yrs held
Mailing address
5111 MARYLAND WAY, BRENTWOOD, TN 37027-7513
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2011
—
Crye Harold E Living Trust
Crye Office Properties LP
Quit Claim Deed
related
—
Dec 30, 2003
—
Crye Office Properties
Crye,harold E Etal
Quit Claim Deed
related
—
Aug 31, 1992
$644,879
Coppinger Color Lab INC
Unknown
Grant Deed
—
—
—
Crye,harold E Living Trust
—
Deed Of Trust
related
$4,000,000 · Magna Bk
—
—
Crye,harold E Living Trust
—
Deed Of Trust
related
$1,220,000 · Miscellaneous Ins Co
—
—
Columbia American Leasing
—
Deed Of Trust
related
$802,669 · Bank Of Cleveland
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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