For Sale
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Property summary
This exceptional 12,814 square foot medical office building, located at 1115 Dow St in Murfreesboro, Tennessee, presents a compelling investment opportunity. The single-story structure, built in 1987, is currently occupied by two tenants and generates a substantial net operating income (NOI) of $350,144. Situated within Murfreesboro's thriving medical district in Rutherford County, this property benefits from excellent visibility and accessibility. The building's 12,814 square feet offer ample space for medical practices or related businesses. The asking price for this well-maintained property is $6,500,000. This represents a strong return on investment in a desirable and growing market. The property's strategic location within the medical district ensures continued high demand and potential for future appreciation. Detailed financial statements are available upon request. This is a rare opportunity to acquire a stable, income-producing asset in a prime medical market. Don't miss out on this chance to own a piece of Murfreesboro's thriving healthcare sector. Contact us today to schedule a showing.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
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Physician
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Medical Clinic
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CM-R, MEDICAL DISTRICT RESIDENTIAL. The purpose of this district is provide a zoning category devoted primarily to health-related uses. This district is designed to permit the development, expansion and modernization of…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Murfreesboro market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CM-R · Murfreesboro, TNCM-R, MEDICAL DISTRICT RESIDENTIAL. The purpose of this district is provide a zoning category devoted primarily to health-related uses. This district is designed to permit the development, expansion and modernization of…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CM-R, MEDICAL DISTRICT RESIDENTIAL. The purpose of this district is provide a zoning category devoted primarily to health-related uses. This district is designed to permit the development, expansion and modernization of…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CM-R in Murfreesboro, TN.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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