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    1115 Dow St Murfreesboro, TN 37130

    Sponsored
    For Sale
    $6,500,000

    Prime Medical Office, High NOI, Great Location

    Property size:
    12,814 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,814 square foot medical office building, located at 1115 Dow St in Murfreesboro, Tennessee, presents a compelling investment opportunity. The single-story structure, built in 1987, is currently occupied by two tenants and generates a substantial net operating income (NOI) of $350,144. Situated within Murfreesboro's thriving medical district in Rutherford County, this property benefits from excellent visibility and accessibility. The building's 12,814 square feet offer ample space for medical practices or related businesses. The asking price for this well-maintained property is $6,500,000. This represents a strong return on investment in a desirable and growing market. The property's strategic location within the medical district ensures continued high demand and potential for future appreciation. Detailed financial statements are available upon request. This is a rare opportunity to acquire a stable, income-producing asset in a prime medical market. Don't miss out on this chance to own a piece of Murfreesboro's thriving healthcare sector. Contact us today to schedule a showing.

    Property Features for 1115 Dow St

    General Information

    Property type
    Medical offices
    Square Feet
    12,814 SF

    Building Details

    Year Built
    1987
    Stories
    1

    HighLights

    • 12,814 SF medical office building in Murfreesboro, TN.
    • Single‑story building constructed in 1987.
    • Currently 100% occupied with two tenants, generating $350,144 NOI.
    • Located in Murfreesboro's medical district, offering excellent visibility and accessibility.
    • Asking price: $6,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mid-State Gastroenterology Medical Clinic Dannilyn Kraft Nurse Practitioner Mid-State Endoscopy Center Medical Clinic Dr. Sunil Sarvaria, ... Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3805155
    Latitude
    35.8571218

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office, High NOI, Great Location
    Where is this medical office located?
    The property is located at 1115 Dow St Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: 12,814 SF medical office building in Murfreesboro, TN.; Single-story building constructed in 1987.; Currently 100% occupied with two tenants, generating $350,144 NOI.
    Request Owner's contact information
    1115 Dow St Murfreesboro, TN 37130
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    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
    1115 Dow St Murfreesboro, TN 37130
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