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    Property profile & analytics

    1203 Murfreesboro Rd Franklin, TN 37064-3013

    • Retail space
    • 18,080 SF
    • 1.31 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Location Intelligence
    Property ID
    US80-1856968
    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.

    Current Use by Public Records

    • Music City Pawn / Pawn Shop
    • Harpeth Discount Liquors, Wine And Spirits / Liquor Store / Beer Store
    • Dollar General / Dollar Store / Beauty Supply Store
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Don Pepe's Mexican Grill / Restaurant

    Property Details for 1203 Murfreesboro Rd

    Year built
    1983
    Construction
    FRAME
    Lot size
    1.31 lot acres
    Property size
    18,080 SF
    Property type
    Retail space
    APN
    094079 02305
    APU
    9407902305

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Williamson
    State
    Tennessee
    Longitude
    -86.8287
    Latitude
    35.9174
    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
    $30,474
    $335,960
    $783,920
    $1,119,880
    -
    $851,500
    $1,577,400
    $2,428,900

    Comparable in this City

    • Value Estimation by Request
      2,530 SF

      6327 Arno Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,530 SF
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    • Value Estimation by Request
      672 SF

      5995 Old 96

      RETAIL STORES (PERSONAL SERVICES) • 672 SF
      5995 Old 96, Franklin, TN 37064-9380
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      17,775 SF

      188 Frnt St

      RETAIL STORES (PERSONAL SERVICES) • 17,775 SF
      188 Frnt St, Franklin, TN 37064-5078
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      7,373 SF

      903 Murfreesboro Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,373 SF
      903 Murfreesboro Rd, Franklin, TN 37064-3002
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    • Value Estimation by Request
      72,526 SF

      230 Franklin Rd

      RETAIL STORES (PERSONAL SERVICES) • 72,526 SF
      230 Franklin Rd, Franklin, TN 37064-2256
      View Details
    • Value Estimation
      $1,245,000
      8,370 SF

      101 Alpha Dr

      RETAIL STORES (PERSONAL SERVICES) • 8,370 SF
      101 Alpha Dr, Franklin, TN 37064-3927
      View Details

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      Franklin Retail Investment Opportunity

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      Bookers Corner Medical Building For Sale

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    Similar Nearby for Lease

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      2,461 SF

      Retail Space in Franklin, TN

      Retail space for lease in a high-traffic Franklin corridor.
      1319 Murfreesboro Rd, Franklin, TN 37064
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      5,830 SF

      Retail Space in Franklin, TN

      Retail space available for lease in Franklin, Tennessee.
      320 Main St, Franklin, TN 37064
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    • $5,416 /Mo
      2,500 SF

      Retail Space in Franklin, TN

      2500 SF retail space available for rent.
      3054 Columbia Ave, Franklin, TN 37064
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    • $6,666 /Mo
      3,750 SF

      Retail Pad Site For Lease

      3,750 SF retail pad site available for ground lease.
      1195 Murfreesboro Rd, Franklin, TN 37064
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    • $6,666 /Mo
      3,750 SF

      Retail Pad Site For Lease

      3,750 SF pad site available in front of Kroger.
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      47,022 SF

      Westhaven Town Center Retail

      Prime Retail Space in Growing Westhaven
      1025 Westhaven Blvd, Franklin, TN 37064
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    Property Visit Statistics

    • Visits by month
      108.2k
    • Visitors by month
      52.4k
    • Avg Time on site
      24 min
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    Franklin, TN 37064-3013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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