Property profile

1027 Highland Ave 6 Murfreesboro, TN 37130

OFF-MARKET
Office buildings
Property ID
US80-1518369
3,709 SF 0.06 ac lot Built 1995
Individually Owned 4-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1995
Total area 3,709 SF
Lot 0.06 ac (2,788 SF)
Zoning code CM
APN 091E-B-001.01-C-006
UPID US80-1518369

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Pediatrician Physician
  • Physician

Location

1027 Highland Ave, Unit 6 Murfreesboro, TN 37130-2450
Murfreesboro metro Census 41602 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
$805k
Comparable Approach Comparable
$448k
Blend (final) Blend
$635k

Owner & transaction history

since 2022
Last sale
$585,000
2 recorded transactions
2022
$585,000
2022
Price N/A

Zoning & alternative use

CM · Murfreesboro, TN
Zoning description

CM, MEDICAL DISTRICT COMMERCIAL. The purpose of this district is to provide a zoning category devoted primarily to health-related uses. This district is designed to permit the development, expansion and modernization of…

General category CIVIC_INSTITUTIONAL
Top alternative use upside
Commercial (general) $980,000 +74.8%
Auto repair, garage $895,000 +59.8%
Medical building $690,000 +23.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1027 Highland Ave, Unit 6?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message