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Property profile & analytics
OFF-MARKET
Estimated value
$875,000
Automotive properties
1122 Hamilton Dr Murfreesboro, TN 37129-2377
Individually Owned
~
Est. High Equity
Property ID
US80-1801762
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1940
Construction
FRAME
Total area
3,840 SF
Lot
0.63 ac (27,530 SF)
Zoning code
CH
APN
091B-G-011.00-000
UPID
US80-1801762
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
-
Truck Universe Car Dealership
-
Mr Clean Detail Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$875k
Owner & transaction history
Lester Ivan Martin
Lester Ivan Martin
since 2026
Last sale
$920,000
6 recorded transactions
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.2M
+70.2%
Retail stores
$795,000
+15.4%
Neighborhood: shopping center
$790,000
+14.8%
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
$845,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$690,000
Current use
COMMERCIAL (GENERAL)
$1,170,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$795,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$790,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$640,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$875k
Range $788k – $963k · ±10% · vs last sale $920k (Jan 4 2023)
Last sale anchor
$920k
Jan 4 2023
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
$228 / 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
Tax billed
$3,698
Tax year 2023
Assessed value
$130,720
Assessed 2024
Previous assessed
$130,720
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$89,240
Assessed improvement
$41,480
Land market value
$223,100
Improvement market value
$103,700
Total market value
$326,800
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
ELECTRIC
Cooling
NONE
Stories
1
Units
1
Bathrooms
1
Total area
3,840 SF
Lot
0.63 ac (27,530 SF)
Zoning code
CH
APN
091B-G-011.00-000
UPID
US80-1801762
Jurisdiction
RUTHERFORD
Zoning & alternative use
CH · Murfreesboro, TN
Zoning CH · permitted uses
CH · Murfreesboro, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murfreesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$690,000
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$795,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$790,000
MEDICAL BUILDING
Est. value
$715,000
OFFICE BUILDING
Est. value
$640,000
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1940
Construction
FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Lester Ivan Martin
Individual
Mailing address
1122 HAMILTON DR, MURFREESBORO, TN 37129-2377
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 20, 2026
$1,358,500
Lester Ivan Martin
Mr Clean Auto Sales LLC
Warranty Deed
$1,329,553 · Wilson Bank & Trust
Jan 5, 2024
—
Mr Clean Auto Sales LLC
—
Deed
related
$500,000 · Pinnacle Bank
Jan 4, 2023
$920,000
Mr Clean Auto Sales LLC
Gary P Anderton
Warranty Deed
$730,000 · Cogent Bank
Dec 29, 2022
—
The Anderton Marital Trust
Gary P Anderton
Intrafamily Transfer
related
—
Aug 28, 1992
$42,000
Rick E Howse
Unknown
Grant Deed
—
Jul 24, 1992
$61,000
Glenn C Anderton
Unknown,
Grant Deed
—
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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