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Property profile & analytics
OFF-MARKET
Office Spaces
505 Inman W St Cleveland, TN 37311-1768
Individually Owned
13-yr Hold
Free & Clear
Property ID
US80-1487988
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1950
Total area
1,513 SF
Lot
0.18 ac (7,649 SF)
Zoning code
MU
APN
049N O 003.00 000
UPID
US80-1487988
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
-
Clark Music (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
John W Holden JR. · 13 yrs held
John W Holden JR.
since 2013
7 recorded transactions
Zoning & alternative use
MU · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$452
Tax year 2023
Assessed value
$31,400
Assessed 2023
Previous assessed
$31,400
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$7,480
Assessed improvement
$23,920
Land market value
$18,700
Improvement market value
$59,800
Total market value
$78,500
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1950
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
4
Bathrooms
1
Total area
1,513 SF
Lot
0.18 ac (7,649 SF)
Zoning code
MU
APN
049N O 003.00 000
UPID
US80-1487988
Jurisdiction
BRADLEY
Zoning & alternative use
MU · Cleveland, TN
Zoning MU · permitted uses
MU · 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.
Building & site characteristics
From public records
Year built
1950
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
4
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
John W Holden JR.
Individual
Free & Clear · 13 yrs held
Mailing address
PO BOX 1055, CLEVELAND, TN 37364-1055
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2013
$47,061
John W Holden JR.
Pioneer Credit Co
Quit Claim Deed
related
—
Dec 27, 2012
$130,000
Pioneer Credit Co
Lamb,r Stephen
Warranty Deed
—
May 30, 1990
$27,452
R Stephen Lamb
Unknown
Grant Deed
—
May 29, 1990
$27,452
Erwin Townsend
Unknown,
Grant Deed
—
Feb 9, 1990
$35,000
Thomas E Shelton
Unknown,
Grant Deed
—
—
—
Roy S Lamb
—
Deed Of Trust
related
$975,000 · Branch Banking & Trust Co
—
—
R Stephen Lamb
—
Deed Of Trust
related
$168,687 · First Bank Tennessee
—
—
R Stephen Lamb
—
Deed Of Trust
related
$12,000 · Pioneer Cu
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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