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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Office buildings
101 Maple St Murfreesboro, TN 37130-3506
Individually Owned
1-yr Hold
Free & Clear
Property ID
US80-1172967
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
FRAME
Total area
4,198 SF
Lot
0.05 ac (2,047 SF)
APN
091NB-A-014.00-000
UPID
US80-1172967
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Waldron, Fann & Parsley, Attorneys at Law Law Firm
-
Nelms William P Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$910k
Comparable Approach
Comparable
$618k
Blend (final)
Blend
$740k
Owner & transaction history
R Steven Waldron · 1 yrs held
R Steven Waldron
since 2025
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+74.8%
Auto repair, garage
$1.0M
+59.8%
Medical building
$780,000
+23.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Murfreesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murfreesboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$985,000
6.5%
$910,000
7%
$845,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$635,000
Current use
COMMERCIAL (GENERAL)
$1,105,000
Change: +75% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,010,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$710,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$560,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$740k
Range $666k – $814k · ±10% · vs last sale $850k (Feb 19 2025)
Last sale anchor
$850k
Feb 19 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$176 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,372
Tax year 2023
Assessed value
$225,240
Assessed 2024
Previous assessed
$225,240
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$25,600
Assessed improvement
$199,640
Land market value
$64,000
Improvement market value
$499,100
Total market value
$563,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
2
Units
1
Bathrooms
4
Total area
4,198 SF
Lot
0.05 ac (2,047 SF)
APN
091NB-A-014.00-000
UPID
US80-1172967
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$780,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$710,000
RETAIL STORES
Est. value
$560,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
2
Units
1
Bathrooms
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
R Steven Waldron
Individual
Free & Clear · 1 yrs held
Mailing address
202 W MAIN ST, MURFREESBORO, TN 37130-3546
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2025
$850,000
R Steven Waldron
Waldron Group II
Deed
—
Apr 25, 2025
$125,000
Terry A Fann
R Steven Waldron
Warranty Deed
—
Nov 9, 2020
—
3bc LLC
—
Deed
related
$340,793 · Wilson Bk&tr
Mar 18, 2011
—
Waldron Group II
Hub Building Ptshp
Quit Claim Deed
related
—
Feb 21, 2007
—
Waldron Group II
—
Trustees Deed
related
$200,000 · Regions Bank
—
—
3bc LLC
—
Deed Of Trust
related
$340,793 · Wilson Bk&tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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