307 N Walnut St, Murfreesboro, TN
10,000 SF office building in Murfreesboro, Tennessee.
- Added:
- Feb 17, 2025
- Days on Market:
- 491
- Last Refresh:
- May 20 at 9:48 pm
Property Features for 307 N Walnut St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.35 Acres
- Property subtype
- OFFICE
Listing agent Priscilla Smith License #327241 (615) 498-3880
Listing office NAI Nashville Stanton Group (615) 498-3880
Listing date Feb 17, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Nashville Stanton Group
HighLights
- 10,000 SF office building
- Located in Murfreesboro, Tennessee
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $210.0k | $21.00 |
| − Vacancy | −$33.6k | −$3.36 |
| EGI | $176.4k | $17.64 |
| − OpEx | −$44.1k | −$4.41 |
| NOI | $132.3k | $13.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.3939
- Latitude
- 35.8488
