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Property profile & analytics
OFF-MARKET Estimated value $3,635,000
Strip malls

1103 Broad St Ste A Murfreesboro, TN 37129-2376

21,478 SF 1.64 ac lot Built 1965
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US80-3356127
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1965
Total area 21,478 SF
Lot 1.64 ac (71,438 SF)
Zoning code CH
APN 091B-H-007.00-000
UPID US80-3356127
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
  • Elwood Staffing Employment Agency
  • SalonCentric (Bike/Boat/Book/etc) Store Cosmetic Store
  • Morgan & Morgan Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.75M
CAP Approach CAP
$4.43M
Comparable Approach Comparable
$2.99M
Blend (final) Blend
$3.64M
Owner & transaction history
Hamilton Crossing Center LLC · 3 yrs held
Hamilton Crossing Center LLC
since 2023
Last sale
$3.6M
7 recorded transactions
2023
Price N/A
2022
$3.4M
2008
$1.8M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH, HIGHWAY COMMERCIAL DISTRICT. This district is intended to permit the development and continued maintenance of general commercial uses located in a linear fashion along highways and near transportation facilities and industrial areas. The uses permitted in this district, the special uses that may be allowed in this district and the uses for which site pla…

Zone name Highway Commercial District
General category INDUSTRIAL
Zone area 3,999.90 ac
Top alternative use upside
Retail stores $4.4M +0.5%
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