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    2442 Halls Hill Pike Murfreesboro, TN 37130

    Sponsored
    For Sale
    $499,000

    Prime location, renovated, income producing.

    Property size:
    2,262 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional mixed-use property, located at 2442 Halls Hill Pike in Murfreesboro, Tennessee, presents a lucrative investment opportunity. Boasting 2,262 square feet on a 0.34-acre lot, this fully renovated building is ideally situated just three minutes from Middle Tennessee State University (MTSU). The property has undergone a complete transformation, featuring brand-new flooring, walls, electrical systems, plumbing, roofing, and HVAC. Its versatile design makes it perfect for a combination of office space and apartment units. Currently, all units are rented, generating a consistent income stream, making this an attractive proposition for investors seeking a turnkey operation. The asking price is $499,000. Serious inquiries only. Proof of funds or pre-approval, along with a signed non-disclosure agreement, is required for showings, which are by appointment only. Please respect the privacy of the tenants and refrain from disturbing them.

    Property Features for 2442 Halls Hill Pike

    General Information

    Property type
    Mixed-use properties
    Square Feet
    2,262 SF
    Lot Size
    14,810 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Accounting Firm Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford County, TN
    State
    Tennessee
    Longitude
    -86.34174
    Latitude
    35.85842

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, renovated, income producing.
    Where is this mixed-use property located?
    The property is located at 2442 Halls Hill Pike Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $499,000.
    (615) 895-8000
    Request Owner's contact information
    2442 Halls Hill Pike Murfreesboro, TN 37130
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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
    2442 Halls Hill Pike Murfreesboro, TN 37130
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