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    Murfreesboro, TN
    Medical Premises

    Murfreesboro, TN Medical Office Space for Sale

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    Smyrna, TN Arrington, TN Rockvale, TN Smyrna, GA Bell Buckle, TN Lebanon, TN College Grove, TN La Vergne, TN
    Multi-Use Property Near Downtown
    Updated: Mar 20
    Multi-Use Property Near Downtown

    507 N University St, Murfreesboro, TN 37130

    $1,000,000
    5,626 sqft 0.39 AC lot
    Versatile C‑MR Zoning: Allows for a wide range of uses.
    Steel Frame Construction: Indicates a durable and quality building structure.
    Ample Space: Includes a large assembly room (seats 150), multiple offices, conference room, and kitchen/lounge.
    Multiple Bathrooms: Features 5 bathrooms.
    Convenient Location: Situated close to downtown and MTSU.
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    This listing looks promising.

    Here's a quick look at some key insights for

    507 N University St, Murfreesboro, TN 37130

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $74K
      Annual

    • Mortgage

      $193K
      Apr 2006

    • Last Sold

      Sep 2024
      $250K

    • Property Type

      Medical Building
      Built 1995
    View Property Analytics
    Medical Office Building For Sale
    Updated: Sep 17, 2024
    Medical Office Building For Sale

    1115 Dow St, Murfreesboro, TN 37130

    $6,500,000
    12,814 sqft
    $350,144 Net Operating Income (NOI)
    Located in Murfreesboro medical district
    Two‑tenant structure
    Single‑story building
    Currently used as a medical office building
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Murfreesboro, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Prime Music Row Office Space
    Prime Music Row Office Space

    1233 17th Ave S, Nashville, TN 37212

    $2,499,999
    3,690 sqft 0.18 AC lot

    3,700 SF commercial office space in historic Music Row.

    View details
    Income-Producing Office Building
    Income-Producing Office Building

    176 THOMPSON LN, Nashville, TN 37211

    $4,350,000
    24,980 sqft

    Flexible office layout with ample parking and convenient access to major Nashville interstates.

    View details
    Hermitage Commercial Property For Sale
    Hermitage Commercial Property For Sale

    4017 Central Pike, Hermitage, TN 37076

    $1,199,000
    1,356 sqft

    Commercial property suitable for office, medical, or retail use.

    View details
    Hermitage Office Building For Sale
    Hermitage Office Building For Sale

    256 Jackson Meadows Dr, Hermitage, TN

    $2,250,000
    9,440 sqft 0.68 AC lot

    Office building with convenient access and signage opportunity available for purchase.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Dual-Frontage Development Land
    Dual-Frontage Development Land

    8.07 Ac Highway 56, Baxter, TN 38544

    $799,900
    8.07 AC lot

    Development land with dual road frontage at the intersection of Hwy 70 and Hwy 56, with utilities available onsite.

    View details
    Commercial Land Near Madison Hospital
    Commercial Land Near Madison Hospital

    3.44 acres US Highway 72, Madison, AL 35758

    $3,150,000
    3.44 AC lot

    3.44 acres of commercial land in Madison, Alabama.

    View details
    Unzoned Commercial Property with Buildings
    Unzoned Commercial Property with Buildings

    24497 1/2 W Highway 72, Athens, AL 35613

    $1,000,000
    4,900 sqft 2.65 AC lot

    Un-zoned commercial tract with a house, metal building, and billboard revenue potential on 2.65 acres.

    View details
    Office Building with Screened Patio
    Office Building with Screened Patio

    469 Gillespie Road, Madison, AL 35758

    $379,000
    1,956 sqft 1.00 AC lot

    Office building in unincorporated Madison County with a screened 12x12 patio, storm shelter, and two storage buildings.

    View details

    Off-Market Properties in Murfreesboro, TN

    Consider similar Off-Market properties in Murfreesboro, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    115 Thompson Ln
    MEDICAL BUILDING

    115 Thompson Ln, Murfreesboro, TN 37129-4305

    Value Estimation by Request
    3,636 sqft 2.57 AC lot
    View details
    421 Bell St
    MEDICAL BUILDING

    421 Bell St, Murfreesboro, TN 37130-2410

    $580,000
    Estimated value
    2,773 sqft 0.43 AC lot
    View details
    1525 Church St
    MEDICAL BUILDING

    1525 Church St, Murfreesboro, TN 37130-5510

    $810,000
    Estimated value
    3,526 sqft 2.82 AC lot
    View details
    4504 Veterans Pkwy
    DENTAL BUILDING

    4504 Veterans Pkwy, Murfreesboro, TN 37128-3950

    Value Estimation by Request
    8,942 sqft 1.62 AC lot
    View details
    1644 Gtwy Blvd
    MEDICAL CLINIC

    1644 Gtwy Blvd, Murfreesboro, TN 37129-2251

    $5,340,000
    Estimated value
    8,000 sqft 1.76 AC lot
    View details
    507 University St
    MEDICAL BUILDING

    507 University St, Murfreesboro, TN 37130-3011

    Value Estimation by Request
    5,904 sqft 0.39 AC lot
    View details
    1211 Leaf Ave
    DENTAL BUILDING

    1211 Leaf Ave, Murfreesboro, TN 37130-2642

    $1,000,000
    Estimated value
    4,816 sqft 0.79 AC lot
    View details
    517 Highland Ter Ste A
    MEDICAL BUILDING

    517 Highland Ter Ste A, Murfreesboro, TN 37130-2425

    Value Estimation by Request
    1,600 sqft 0.04 AC lot
    View details
    614 Clark Blvd
    DENTAL BUILDING

    614 Clark Blvd, Murfreesboro, TN 37130-2121

    Value Estimation by Request
    5,368 sqft 0.54 AC lot
    View details
    1346 Dow St
    MEDICAL BUILDING

    1346 Dow St, Murfreesboro, TN 37130-2470

    $655,000
    Estimated value
    2,408 sqft 0.63 AC lot
    View details
    507 Highland Ter
    MEDICAL BUILDING

    507 Highland Ter, Murfreesboro, TN 37130-2479

    $595,000
    Estimated value
    5,589 sqft 0.79 AC lot
    View details
    1034 Highland Ave Ste C
    MEDICAL BUILDING

    1034 Highland Ave Ste C, Murfreesboro, TN 37130-2463

    $635,000
    Estimated value
    5,964 sqft 0.09 AC lot
    View details
    2910 Old Ft Pkwy
    DENTAL BUILDING

    2910 Old Ft Pkwy, Murfreesboro, TN 37128-4158

    $1,310,000
    Estimated value
    15,759 sqft 2.50 AC lot
    View details
    2632 Saint Andrews Dr
    DENTAL BUILDING

    2632 Saint Andrews Dr, Murfreesboro, TN 37128-6040

    $1,560,000
    Estimated value
    3,941 sqft 0.83 AC lot
    View details
    1302 Dow St
    DENTAL BUILDING

    1302 Dow St, Murfreesboro, TN 37130-2414

    $735,000
    Estimated value
    5,370 sqft 0.57 AC lot
    View details
    1155 Kennedy Dr
    MEDICAL BUILDING

    1155 Kennedy Dr, Murfreesboro, TN 37129-3191

    $4,820,000
    Estimated value
    14,960 sqft 1.73 AC lot
    View details
    515 Highland Ter Ste B
    MEDICAL BUILDING

    515 Highland Ter Ste B, Murfreesboro, TN 37130-2424

    Value Estimation by Request
    1,600 sqft 0.04 AC lot
    View details
    514 Brandies Cir
    MEDICAL BUILDING

    514 Brandies Cir, Murfreesboro, TN 37128-7750

    Value Estimation by Request
    4,995 sqft 0.55 AC lot
    View details
    4139 Franklin Rd
    MEDICAL BUILDING

    4139 Franklin Rd, Murfreesboro, TN 37128

    $7,070,000
    Estimated value
    3,532 sqft 0.87 AC lot
    View details
    503 Highland Ter Ste B
    MEDICAL BUILDING

    503 Highland Ter Ste B, Murfreesboro, TN 37130-2471

    Value Estimation by Request
    2,302 sqft 0.05 AC lot
    View details
    611-615 Highland Ave
    MEDICAL BUILDING

    611-615 Highland Ave, Murfreesboro, TN 37130

    $1,230,000
    Estimated value
    8,046 sqft 0.62 AC lot
    View details
    726 Church St
    MEDICAL BUILDING

    726 Church St, Murfreesboro, TN 37130-4933

    $1,780,000
    Estimated value
    8,128 sqft 1.60 AC lot
    View details

    Murfreesboro, TN Medical Office Space Market Trends and Statistics

    Explore 72 medical office space for sale in Murfreesboro, TN on our real estate platform. These investment opportunities span a total of 18,440 square feet of properties for sale, with an estimated market value of $7,500,000.

    Sale prices for medical spaces in Murfreesboro, TN start at $1,000,000, averaging $3,750,000, and reaching up to $6,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 13
    Office buildings 5
    Medical Office Space 4
    Coworking space 1

    Demographics Overview

    Population 220K
    Population Growth (5Y) +20.0%
    Median Household Income $81,329
    College Educated 28.9%

    High-Yield Neighborhoods for Investment

    Identify Murfreesboro submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37129 $1.5M
    37130 $2.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $47.59 per SF
    Average Loan-to-Value 65.0%

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