Financial
Distress signals
Property profile

2602 Merchants Walk Murfreesboro, TN 37128

OFF-MARKET
Office buildings
Property ID
US80-3130807
4,950 SF 0.67 ac lot Built 2002
Last sale Apr 2021 · $950,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$380k
Assessed land$122k
Assessed improvement$258k
Effective rate2.83%

Value estimate

· Sep 2026
$930k
$837k – $1.02M
AI approach$975k
CAP approach$1.08M
Submarket $/SF estimate$948k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$162/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$121 – $210

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CH
CH, HIGHWAY COMMERCIAL DISTRICT. This district is intended to permit the development and continued maintenance of general commercial uses...
General categoryINDUSTRIAL
JurisdictionRUTHERFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.3
Electrical Service9.6
Daycare Center9.1

Location

2602 Merchants Walk Murfreesboro, TN 37128-2863
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
206 Fortress, Murfreesboro, TN 37128-5269 $1,500,000 Jul 2024 3,931 SF
4019 Luke, Murfreesboro, TN 37128-1018 $218,889 Apr 2024 4,299 SF
2633 Merchants, Murfreesboro, TN 37128-2863 $180,000 Apr 2022 3,700 SF
2315 Southpark, Murfreesboro, TN 37128-5500 $590,000 Nov 2021 4,800 SF
2656 Rideout, Murfreesboro, TN 37128-7607 $1,100,000 Jan 2021 4,802 SF
545 Brandies, Murfreesboro, TN 37128-7687 $1,118,600 May 2020 5,910 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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