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Property profile & analytics
OFF-MARKET
Retail space
5580 Waterlevel Hwy Cleveland, TN 37323
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-2110671
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1977
Total area
2,852 SF
Lot
1.54 ac (67,082 SF)
Zoning code
C2
APN
059 145.05 000
UPID
US80-2110671
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Om Sairam09 LLC · 3 yrs held
Om Sairam09 LLC
since 2022
Last sale
$330,000
7 recorded transactions
Zoning & alternative use
C2 · 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
$741
Tax year 2023
Assessed value
$41,680
Assessed 2023
Previous assessed
$41,680
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$22,840
Assessed improvement
$18,840
Land market value
$57,100
Improvement market value
$47,100
Total market value
$104,200
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
1977
Heating
NONE
Cooling
NONE
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
2,852 SF
Lot
1.54 ac (67,082 SF)
Zoning code
C2
APN
059 145.05 000
UPID
US80-2110671
Jurisdiction
BRADLEY
Zoning & alternative use
C2 · Cleveland, TN
Zoning C2 · permitted uses
C2 · 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
1977
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
1.54 ac
Current owner
From public records · entity-resolved
Om Sairam09 LLC
Entity
Mailing address
5114 SHELTERWOOD DR NE, CLEVELAND, TN 37312-1473
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
$330,000
Om Sairam09 LLC
Malcolm Drew Shabo
Warranty Deed
$280,500 · Andrew Johnson Bank
Mar 24, 2021
$280,000
Malcolm Drew Shabo
Anna Marie Lynn
Warranty Deed
$245,000 · Anna Marie Lynn Etal
Nov 25, 2008
—
Irvin Cornett
Burrell,jackie & Sharon
Quit Claim Deed
related
—
Nov 25, 2008
$203,500
Anna M Lynn
Cornett,sandra M
Warranty Deed
—
Mar 27, 1991
$145,000
Irvin Sandra Cornett
Unknown
Grant Deed
—
Mar 7, 1991
$50,000
Jackie Sharon Burrell
Unknown,
Grant Deed
—
Mar 5, 1991
$50,000
Tommy Kilpatrick
Unknown,
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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