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Property profile & analytics
OFF-MARKET
Estimated value
$4,820,000
Medical Office Space
1155 Kennedy Dr Murfreesboro, TN 37129-3191
Entity Owned
3-yr Hold
Free & Clear
Property ID
US80-1045553
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2009
Construction
FRAME
Total area
14,960 SF
Lot
1.73 ac (75,185 SF)
APN
091A-C-004.00-000
UPID
US80-1045553
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
-
Lisa Buckley Pediatrician
-
Bogus Devin L MD Pediatrician Medical Clinic
-
Karishma Datye Pediatrician Medical Clinic
-
Dr. Emma Carter Physician
-
Dr. Andrew Sokolow Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$4.82M
Owner & transaction history
Vpu Murfreesboro LLC · 3 yrs held
Vpu Murfreesboro LLC
since 2023
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+63.8%
Retail stores
$3.1M
+11.0%
Neighborhood: shopping center
$3.1M
+10.5%
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
$4,605,000
ML approach
$4,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,560,000
Change: +64% · Conversion: Easy
RETAIL STORES
$3,095,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,075,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$4.82M
Range $4.34M – $5.30M · ±10% · vs last sale $5.00M (Apr 25 2023)
Last sale anchor
$5.00M
Apr 25 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
$322 / 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
$47,151
Tax year 2023
Assessed value
$1,666,840
Assessed 2024
Previous assessed
$1,666,840
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$655,280
Assessed improvement
$1,011,560
Land market value
$1,638,200
Improvement market value
$2,528,900
Total market value
$4,167,100
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2009
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
4
Total area
14,960 SF
Lot
1.73 ac (75,185 SF)
APN
091A-C-004.00-000
UPID
US80-1045553
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
COMMERCIAL (GENERAL)
Est. value
$4.6M
RETAIL STORES
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
2009
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
4
Lot
1.73 ac
Current owner
From public records · entity-resolved
Vpu Murfreesboro LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2909 POSTON AVE #102, NASHVILLE, TN 37203-1346
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
$5,000,000
Vpu Murfreesboro LLC
Edh Gateway Center LLC
Special Warranty Deed
—
Feb 15, 2018
$2,000,000
Edh Gateway LLC
New Urban Centers INC
Grant Deed
$3,500,000 · Miscellaneous Ins Co
May 16, 2016
$2,000,100
New Urban Centers INC
Edh Gateway Center LLC
Warranty Deed
$1,000,000 · Edh Gateway LLC
Nov 14, 2014
—
Edh Gateway Center LLC
—
Trustees Deed
related
$26,130 · F&m Bk
—
—
Edh Gateway Center LLC
—
Deed Of Trust
related
$2,847,500 · Tristar Bk
—
—
Edh Gateway Center LLC
—
Deed Of Trust
related
$2,827,200 · F & M Bank
—
—
Edh Gateway Center LLC
—
Deed Of Trust
related
$322,800 · F & M Bank
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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