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Property profile & analytics
OFF-MARKET Estimated value $6,690,000
Outlet malls

1212 Broad St 1268 Murfreesboro, TN 37129-4423

77,070 SF 7.89 ac lot Built 1976
Entity Owned Absentee Owner Free & Clear
Property ID
US80-1986971
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1976
Total area 77,070 SF
Lot 7.89 ac (343,688 SF)
Zoning code CH
APN 091B-D-001.00-000
UPID US80-1986971
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
  • Quick Credit Loan Service
  • OneMain Financial Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.68M
Blend (final) Blend
$6.69M
Owner & transaction history
MERIDEN REALTY ASSOCIATES
MERIDEN REALTY ASSOCIATES
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH, HIGHWAY COMMERCIAL DISTRICT. This district is intended to permit the development and continued maintenance of general commercial uses located in a linear fashion along highways and near transportation facilities and industrial areas. The uses permitted in this district, the special uses that may be allowed in this district and the uses for which site pla…

Zone name Highway Commercial District
General category INDUSTRIAL
Zone area 3,999.90 ac
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