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Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Manufacturing properties
550 Industrial SW Dr Cleveland, TN 37311-8262
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1755851
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
52,248 SF
Lot
12.88 ac (561,053 SF)
Zoning code
IL
APN
065 089.00 000
UPID
US80-1755851
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
-
CPQ Professional Imaging (Bike/Boat/Book/etc) Store
-
studio d photography Wedding Service Photography Service
-
The Portrait Cafe Photography Service (Bike/Boat/Book/etc) Store
-
Hardwood Frames Big Box & Wholesale Store
-
Art Wood Prints (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.27M
Owner & transaction history
Dawn C Keel · 3 yrs held
Dawn C Keel
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
IL · 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
$895,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10% · vs last sale $1.00M (Nov 15 2022)
Last sale anchor
$1.00M
Nov 15 2022
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
$24 / 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
$14,130
Tax year 2023
Assessed value
$981,800
Assessed 2023
Previous assessed
$981,800
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$206,080
Assessed improvement
$775,720
Land market value
$515,200
Improvement market value
$1,939,300
Total market value
$2,454,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Bathrooms
8
Total area
52,248 SF
Lot
12.88 ac (561,053 SF)
Zoning code
IL
APN
065 089.00 000
UPID
US80-1755851
Jurisdiction
BRADLEY
Zoning & alternative use
IL · Cleveland, TN
Zoning IL · permitted uses
IL · 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
1993
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
8
Lot
12.88 ac
Current owner
From public records · entity-resolved
Dawn C Keel
Individual
Mailing address
550 INDUSTRIAL DR SW, CLEVELAND, TN 37311-8262
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2022
—
Dawn C Keel
Dawn C Keel
Intrafamily Transfer
related
—
Sep 20, 1994
$1,000,000
Ronald R Coppinger
Unknown,
Grant Deed
—
Apr 8, 1993
$141,680
C & A Leasing INC
Unknown,
Grant Deed
—
Apr 6, 1993
$141,680
C & A Leasing INC
Unknown
Grant Deed
—
—
—
Ronald R Coppinger
—
Deed Of Trust
related
$471,000 · Regions Bank
—
—
Ronald R Coppinger
—
Deed Of Trust
related
$655,000 · Bank Of America
—
—
Ronald R Coopinger
—
Deed Of Trust
related
$471,000 · Regions Bank
—
—
Ronald R Coopinger
—
Deed Of Trust
related
$528,000 · Regions Bank
—
—
Ronald R Coppinger
—
Deed Of Trust
related
$795,000 · Regions Bank
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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