Individually Owned Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1983
Construction
FRAME
Total area
27,816 SF
Lot
2.4 ac (104,544 SF)
Zoning code
IH
APN
057K F 028.00 000
UPID
US80-2583911
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.41M
Owner & transaction history
since 2024
1 recorded transaction
Zoning & alternative use
IH · Cleveland, TN
Zoning description
2.15 IH District (Heavy Industry). 2.15.1 The IH (Heavy Industry) District includes the following uses: A. All uses allowed by right in the IL zoning district including existing or replacement of single family or existin…
General category
INDUSTRIAL
Top alternative use upside
Retail stores
$2.1M
+11.1%
Auto repair, garage
$2.0M
+6.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.41M
Value range
$1.26M – $1.55M
±10% around blend
Estimated value / SF
$51 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$1.26M
blend $1.41M
$1.55M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
27,816 SF
Lot area
2.4 ac
Year built
1983
Stories
1
APN
057K F 028.00 000
Zoning
IH
Assessed value
$216,480
Annual tax
$3,116
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.34M
Range $987k – $2.82M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.41M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 34 sales
$67
-25%
Submarket 52 sales
$53
-5%
County 56 sales
$51
-1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $51/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+11%
vs current-use indication
Auto Repair, Garage
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$216k
Move the market yield to see immediate price impact.
Value / SF
$8
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$14k
$273k
$195k
$152k
$15k
$303k
$216k
$168k
$17k
$333k
$238k
$185k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,116
Tax year 2023
Assessed value
$216,480
Assessed 2023
Previous assessed
$216,480
+0.0% YoY
Effective rate
1.44%
On assessed value
Assessed land
$22,480
Assessed improvement
$194,000
Land market value
$56,200
Improvement market value
$485,000
Total market value
$541,200
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Rooms
1
Bathrooms
1
Total area
27,816 SF
Lot
2.4 ac (104,544 SF)
Zoning code
IH
APN
057K F 028.00 000
UPID
US80-2583911
Jurisdiction
BRADLEY
Zoning & alternative use
IH · Cleveland, TNZoning IH · permitted uses
IH · Cleveland, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
2.15 IH District (Heavy Industry). 2.15.1 The IH (Heavy Industry) District includes the following uses: A. All uses allowed by right in the IL zoning district including existing or replacement of single family or existin…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
1
Bathrooms
1
Lot
2.4 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
IH
INDUSTRIAL
Jurisdiction
Cleveland, TN
Recorded code
IH
Official district
IH
Official district profile
What the municipal code says about IH
Zoning description
2.15 IH District (Heavy Industry). 2.15.1 The IH (Heavy Industry) District includes the following uses: A. All uses allowed by right in the IL zoning district including existing or replacement of single family or existin…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IH in Cleveland, TN.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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