Financial
Distress signals
Property profile

905 Clingan Ridge Dr NW Cleveland, TN 37312

FOR SALE
Medical Office Space
Property ID
US80-1124640
8,237 SF 1.59 ac lot Built 1997
Last sale Jun 2018 · $2,694,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,284 square foot medical office building in Cleveland, Tennessee, fully leased to a credit-rated national dialysis care center under a 10-year NNN lease with 9 years remaining. The property boasts a 5.50% cap rate and a strong net operating income (NOI) of $213,950, with built-in rent bumps ensuring consistent income growth. Situated on a 1.59-acre lot at 905 Clingan Ridge Dr NW, Cleveland, TN 37312, the building was constructed in 1997 and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$326k
Assessed land$84k
Assessed improvement$242k
Effective rate1.44%

Value estimate

· Sep 2026
$370k
$333k – $407k
AI approach$370k
NOI build-up
Gross scheduled income$157k
Vacancy & credit loss−$16k
Operating expenses−$57k
NOI · 2.48% cap applied$85k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2.48%
$85k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CH
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. A...
General categoryCOMMERCIAL
JurisdictionBRADLEY

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop19.9
Law Firm19.2
Auto Repair Shop17.5

Location

905 Clingan Ridge Dr NW Cleveland, TN 37312
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2700 Westside NW, Cleveland, TN 37312-3699 $105,000 Aug 2024 30,702 SF
424 Berywood NW, Cleveland, TN 37312-5251 $1,050,000 Jun 2024 3,900 SF
3740 Ocoee NW, Cleveland, TN 37312-5635 $675,000 Apr 2024 2,832 SF
414 Berywood NW, Cleveland, TN 37312-5251 $800,000 Jan 2023 2,973 SF
609 Paul Huff NW, Cleveland, TN 37312-2970 $2,008,000 Apr 2020 3,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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