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Property profile & analytics
OFF-MARKET
Estimated value
$4,995,000
Warehouses
1020 Seals Way Murfreesboro, TN 37129-4944
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-2573166
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1974
Total area
36,657 SF
Lot
2.22 ac (96,703 SF)
APN
102F-B-003.01-000
UPID
US80-2573166
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
-
Ideal 231 Storage Storage Facility
-
USA Storage Centers - Murfreesboro Seals Way Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.22M
CAP Approach
CAP
$4.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.00M
Owner & transaction history
Stor Murtn Life LLC · 3 yrs held
Stor Murtn Life LLC
since 2022
Last sale
$4.9M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$7.6M
+68.8%
Neighborhood: shopping center
$7.5M
+67.9%
Medical building
$6.8M
+52.0%
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
$5,330,000
ML approach
$5,215,000
CAP Approach
CAP Return
Estimation
6%
$5,010,000
6.5%
$4,625,000
7%
$4,295,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,490,000
Current use
RETAIL STORES
$7,580,000
Change: +69% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$7,540,000
Change: +68% · Conversion: Moderate
MEDICAL BUILDING
$6,825,000
Change: +52% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,565,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$6,100,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$5.00M
Range $4.50M – $5.49M · ±10% · vs last sale $4.90M (Dec 13 2022)
Last sale anchor
$4.90M
Dec 13 2022
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
$136 / 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
Assessed value
$585,360
Assessed 2024
Previous assessed
$254,760
+129.8% YoY
Assessed land
$130,920
Assessed improvement
$454,440
Land market value
$327,300
Improvement market value
$1,136,100
Total market value
$1,463,400
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1974
Heating
NONE
Stories
1
Units
1
Total area
36,657 SF
Lot
2.22 ac (96,703 SF)
APN
102F-B-003.01-000
UPID
US80-2573166
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
WAREHOUSE, STORAGE Current
Est. value
$4.5M
RETAIL STORES
Est. value
$7.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.5M
MEDICAL BUILDING
Est. value
$6.8M
AUTO REPAIR, GARAGE
Est. value
$6.6M
OFFICE BUILDING
Est. value
$6.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1974
Heating
NONE
Stories
1
Units
1
Lot
2.22 ac
Current owner
From public records · entity-resolved
Stor Murtn Life LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2033 MONROE DR NEB, ATLANTA, GA 30324-4830
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2022
—
Stor Murtn Life LLC
Ch Rlty Ix Wa Ss Nashville Ideal St
Quit Claim Deed
related
—
Dec 29, 2010
$4,900,000
Ideal Storage
Givens,michael E
Grant Deed
$5,000,000 · Michael Givens
Jun 21, 1991
$332,500
Michael E Givens
Unknown
Grant Deed
—
Oct 31, 1990
$531,739
Federal S Security
Unknown,
Grant Deed
related
—
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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