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    118 Westgate Blvd Murfreesboro, TN 37128-5985
    Property profile & analytics

    118 Westgate Blvd, Murfreesboro, TN 37128-5985

    View on Map

    • Hotels
    • 8,357 SF
    • 1.94 lot acres
    Off-Market
    Property ID
    US80-0917956
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $735,000
    Show details
    Cap Rate Potential
    8.3%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Wingate by Wyndham Murfreesboro / Hotel & Motel

    Property Details for 118 Westgate Blvd

    Year built
    1973
    Lot size
    1.94 lot acres
    Property type
    Hotels
    APN
    113F-A-002.00-000
    APU
    113FA00200000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 24, 2022 — Hospitality LLC — Deed · related $4.5M · Ascend FCU
    Nov 23, 2020 — Hospitality LLC — Deed · related $3.5M · First Cmnty Bk/tn
    Feb 8, 2019 $2,400,000 Hospitality LLC Ayodhya LLC Warranty Deed $3.5M · First Cmnty Bk/tn
    Oct 24, 2017 — Mansfield,rick G Tr Ayodhya LLC Quit Claim Deed · related —
    Jun 16, 2017 $2,700,000 Ayodhya LLC Shiva Associates II Warranty Deed $1.9M · Shiva Associates II
    Jun 16, 2017 — Bajarang Bali Associates II Shiva Associates II Quit Claim Deed · related —
    Nov 21, 1997 — Shiva Associates II — Deed Of Trust · related —
    — — Shiva Associates II — Deed Of Trust · related $170k · First Tennessee Bank National
    — — Hospitality LLC — Loan Modification · related $3.5M · First Cmnty Bk/tn

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $585,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $815,000
      6.5%
      $750,000
      7%
      $700,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $721,000
      Market price range: $365k - $1.22M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $740,000
      Current use
      OFFICE BUILDING
      $1,045,000
      Change: +41% Conversion: Difficult
      RESTAURANT
      $1,030,000
      Change: +39% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $915,000
      Change: +24% Conversion: Difficult
      MEDICAL BUILDING
      $895,000
      Change: +21% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $815,000
      Change: +10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3988
    Latitude
    35.809
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,830
    $202,160
    $1,205,840
    $1,408,000
    -
    $505,400
    $3,014,600
    $3,520,000
    More about this property
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