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Property profile & analytics
OFF-MARKET Estimated value $780,000
Residential income homes

795 6th NE St Cleveland, TN 37311-2388

9,880 SF 9 ac lot Built 1973
Individually Owned 33-yr Hold Free & Clear
Property ID
US80-1674474
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1973
Total area 9,880 SF
Lot 9 ac (392,040 SF)
Zoning code CH
APN 058A B 022.00 000
UPID US80-1674474
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
$780k
Owner & transaction history
Clyde W Brewer JR · 33 yrs held
Clyde W Brewer JR
since 1992
1 recorded transaction
1992
$176,000
Zoning & alternative use
CH · Cleveland, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH zone. E. Car wash. F. Oil change facilities. (As amended by Ord. #11, March 2001, Ord. #20, March 2002, and Ord. #23, Sept. 2002) G. Animal Kennel and Boarding (as amended by Ord. #25, Aug. 2020) H. Nightclubs (as amended by Ord. 2022-29, August 2022) 2.12 CBD District (Central Business District) (as amended by Ord. 2021- 13, May 2021) Intent, Goals, and…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 2,274.79 ac
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