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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Car washes
115 New Salem Hwy Murfreesboro, TN 37129-6218
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1063969
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
2021
Construction
FRAME
Total area
2,625 SF
Lot
1.01 ac (43,821 SF)
APN
091O-B-012.00-000
UPID
US80-1063969
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$724k
Blend (final)
Blend
$630k
Owner & transaction history
Wnr21 January LLC · 5 yrs held
Wnr21 January LLC
since 2020
Last sale
$540,000
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$800,000
+70.2%
Retail stores
$545,000
+15.4%
Neighborhood: shopping center
$540,000
+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
$670,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$470,000
Current use
COMMERCIAL (GENERAL)
$800,000
Change: +70% · Conversion: Moderate
RETAIL STORES
$545,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$540,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$490,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$435,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$630k
Range $567k – $693k · ±10% · vs last sale $540k (Dec 14 2020)
Last sale anchor
$540k
Dec 14 2020
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
$240 / 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
$10,782
Tax year 2023
Assessed value
$381,120
Assessed 2024
Previous assessed
$381,120
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$129,760
Assessed improvement
$251,360
Land market value
$324,400
Improvement market value
$628,400
Total market value
$952,800
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
2021
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Bathrooms
1
Total area
2,625 SF
Lot
1.01 ac (43,821 SF)
APN
091O-B-012.00-000
UPID
US80-1063969
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$470,000
COMMERCIAL (GENERAL)
Est. value
$800,000
RETAIL STORES
Est. value
$545,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$540,000
MEDICAL BUILDING
Est. value
$490,000
OFFICE BUILDING
Est. value
$435,000
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
2021
Construction
FRAME
Heating
HEAT PUMP
Stories
1
Units
1
Bathrooms
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
Wnr21 January LLC
Entity
Mailing address
PO BOX 1955, MOUNT JULIET, TN 37121-1955
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2020
$540,000
Wnr21 January LLC
Richard Mark Hutchinson
Warranty Deed
$3,309,000 · Edmonton State Bank
Sep 19, 2018
—
Richard M Hutchinson
Hutchinson,richard M
Quit Claim Deed
related
—
Feb 6, 2017
$325,000
Richard M Hutchinson
Jones,wendell T & Karen B
Warranty Deed
—
May 1, 2008
$160,000
Wendell T Jones
Demumbreum,george E & Sylvia R
Warranty 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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