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Property profile & analytics
OFF-MARKET Estimated value $590,000
Medical Office Space

1120 Dow St Murfreesboro, TN 37130-2486

2,926 SF 0.39 ac lot Built 1993
Individually Owned 5-yr Hold Free & Clear
Property ID
US80-0786208
Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1993
Construction FRAME
Total area 2,926 SF
Lot 0.39 ac (17,119 SF)
Zoning code CM-R
APN 091D-F-038.20-000
UPID US80-0786208
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
  • Dr. Wainscott A. Hollis, DDS Dental Office
  • Dr. William A.(“Alex) Hollis Dental Office
  • Dakota Lawrence LPC-MHSP Physician Medical Clinic
  • Harmony Health Medical, Inc. Medical Clinic
  • Influential Wellness Corner Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$715k
CAP Approach CAP
$550k
Comparable Approach Comparable
$653k
Blend (final) Blend
$590k
Owner & transaction history
Reuben D Walker · 5 yrs held
Reuben D Walker
since 2020
Last sale
$550,000
2 recorded transactions
2020
$550,000
1992
$81,000
Zoning & alternative use
CM-R · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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 hospitals, clinics, medical laboratories, and medical offices. The uses permitted in this district, the special uses that may be allowed in…

Zone name Medical District Residential
General category CIVIC_INSTITUTIONAL
Zone area 65.18 ac
Top alternative use upside
Commercial (general) $770,000 +41.6%
Auto repair, garage $705,000 +29.4%
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