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    1414-1418 NW Broad St Murfreesboro, TN 37129

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    For Sale
    $2,500,000

    Fully leased multi-tenant automotive repair shops for sale.

    Property size:
    8,640 SF
    Lot size:
    1.19 Acres

    Property Features for 1414-1418 NW Broad St

    General Information

    Size
    8,640 SF
    Lot size
    1.19 Acres

    Source: Charles Hawkins Co. Agent Paul Myers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leased Automotive Repair Shops Investment

    This property features six stand-alone automotive repair shops, totaling approximately 8,640 square feet. The buildings are configured as follows: Building 1 offers 2,628 square feet, Building 2 provides 1,080 square feet, Building 3 contains 1,400 square feet, Building 4 includes 1,066 square feet, Building 5 also offers 1,066 square feet, and Building 6 provides 1,400 square feet. Each building includes a business office. The property benefits from pylon signage and high traffic volume, with approximately 31,000 cars passing daily on Broad Street. The zoning is CH (Commercial Highway). The tenants are longtime occupants with annual leases.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Similar Places Nearby

    Osf Towing, Pogue's Body Shop, Future Transmission Parts, Larry Parker's Window Tinting, 1-800 Radiator & A/C-Murfreesboro

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4107551
    Latitude
    35.86606

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    FAQs

    What type of property is this?
    Auto shop - Fully leased multi-tenant automotive repair shops for sale.
    Where is this auto shop located?
    The property is located at 1414-1418 NW Broad St Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Fully Leased Multi-Tenant Automotive Repair Shops; - Six Stand-Alone Auto Shops in Total; - High Traffic Location: Benefit from approximately 31,000 cars daily on Broad Street
    (615) 598-4848
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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
    1414-1418 NW Broad St Murfreesboro, TN 37129
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