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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Investment properties
5706 Cleaves Dr Arlington, TN 38002-4364
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US80-0176469
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2007
Total area
5,151 SF
Lot
0.6 ac (26,136 SF)
Zoning code
B-2
APN
A01-41C- -E-00002
UPID
US80-0176469
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
$549k
Blend (final)
Blend
$530k
Owner & transaction history
Raleigh Glass Co INC · 19 yrs held
Raleigh Glass Co INC
since 2007
5 recorded transactions
Zoning & alternative use
B-2 · Arlington, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$760,000
+156.1%
Office building
$615,000
+107.0%
Auto repair, garage
$515,000
+73.1%
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 Arlington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arlington 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
MEDICAL BUILDING
$760,000
Change: +156% · Conversion: Easy
OFFICE BUILDING
$615,000
Change: +107% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$465,000
Change: +55% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$460,000
Change: +55% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$460,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$103 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$6,884
Tax year 2022
Assessed value
$147,400
Assessed 2023
Previous assessed
$147,400
+0.0% YoY
Effective rate
4.67%
On assessed value
Assessed land
$22,480
Assessed improvement
$124,920
Land market value
$56,200
Improvement market value
$312,300
Total market value
$368,500
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
2007
Heating
SPACE
Cooling
NONE
Stories
1
Total area
5,151 SF
Lot
0.6 ac (26,136 SF)
Zoning code
B-2
APN
A01-41C- -E-00002
UPID
US80-0176469
Jurisdiction
SHELBY
Zoning & alternative use
B-2 · Arlington, TN
Zoning B-2 · permitted uses
B-2 · Arlington, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arlington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$760,000
OFFICE BUILDING
Est. value
$615,000
AUTO REPAIR, GARAGE
Est. value
$515,000
RETAIL STORES
Est. value
$465,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$460,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$460,000
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2007
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Raleigh Glass Co INC
Entity
Mailing address
5706 CLEAVES DR, ARLINGTON, TN 38002-4364
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2016
—
Raleigh Glass Co INC
—
Deed
related
—
Mar 29, 2007
$120,000
Raleigh Glass Co INC
Murphy,christopher W
Warranty Deed
—
Oct 3, 2003
$85,000
Christopher W Murphy
Cleaves Enterprise INC
Grant Deed
$76,500 · First Citizens National Bank
—
—
Raleigh Glass Co INC
—
Deed Of Trust
related
$283,200 · First Citizens Nat'l Bk
—
—
Raleigh Glass Co INC
—
Loan Modification
related
—
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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