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    Property profile & analytics

    5761 Waterlevel Hwy Cleveland, TN 37323-8721

    • Office Properties & Spaces
    • 4,042 SF
    • 1.93 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 14, 2025
    $12,000
    Location Intelligence
    Property ID
    US80-1617006
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 64 Auto Parts / Auto Parts Store

    Property Details for 5761 Waterlevel Hwy

    Year built
    1973
    Lot size
    1.93 lot acres
    Property size
    4,042 SF
    Zone code
    C2
    Property type
    Office Properties & Spaces
    APN
    060 046.00 000
    APU
    6004600000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cleveland
    County
    Bradley
    State
    Tennessee
    Longitude
    -84.7695
    Latitude
    35.1367
    CBSA code
    17420
    CBSA name
    CLEVELAND, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $43,840
    $55,680
    $99,520
    -
    $109,600
    $139,200
    $248,800

    Comparable in this City

    • Value Estimation by Request
      4,810 SF

      2189 Apd 40

      OFFICE (GENERAL) • 4,810 SF
      2189 Apd 40, Cleveland, TN 37323-6597
      View Details
    • Value Estimation
      $470,000
      11,083 SF

      1235 King SE St

      OFFICE (GENERAL) • 11,083 SF
      1235 King SE St, Cleveland, TN 37323-0656
      View Details
    • Value Estimation
      $175,000
      576 SF

      4790 Waterlevel Hwy

      OFFICE (GENERAL) • 576 SF
      4790 Waterlevel Hwy, Cleveland, TN 37323-7302
      View Details
    • Value Estimation by Request
      33,112 SF

      4207 Michigan Ave NE Rd

      OFFICE (GENERAL) • 33,112 SF
      4207 Michigan Ave NE Rd, Cleveland, TN 37323-5505
      View Details
    • Value Estimation
      $670,000
      5,180 SF

      178 Durkee SE Rd

      OFFICE (GENERAL) • 5,180 SF
      178 Durkee SE Rd, Cleveland, TN 37323
      View Details
    • Value Estimation
      $1,230,000
      13,711 SF

      3680 Michigan Ave NE Rd

      OFFICE (GENERAL) • 13,711 SF
      3680 Michigan Ave NE Rd, Cleveland, TN 37323-5721
      View Details

    Similar Nearby for Sale

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    • $595,000
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      7.7 Acres on Waterlevel Highway

      7.7 acres of land near downtown Cleveland, Tennessee.
      7.7 Acres Waterlevel Hwy E, Cleveland, TN 37323
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    Similar Nearby for Lease

    • $19 SF/Yr
      45,079 SF

      Sterling Pointe: Office Space Available

      Cleveland, TN Office Center: Multiple Suites, High Visibility
      2308 Treasury Dr, Cleveland, TN 37323
      View Details
    • $7 SF/Yr
      450,000 SF

      Cleveland Industrial Campus

      450,000 SF Manufacturing/Warehouse
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      View Details
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    Cleveland, TN 37323-8721
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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