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Property profile & analytics
OFF-MARKET
Estimated value
$4,920,000
Automotive properties
1214 Fortress Blvd Murfreesboro, TN 37128-5525
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2935956
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2018
Total area
24,920 SF
Lot
4 ac (174,240 SF)
APN
079-100.10-000
UPID
US80-2935956
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
-
Nelson Mazda Murfreesboro Parts Store Auto Parts Store
-
Nelson Mazda Murfreesboro Auto Repair Shop Vehicle Inspection Center
-
Sell2Nelson Murfreesboro Car Dealership
-
Nelson Mazda Murfreesboro Service Center Auto Repair Shop Vehicle Inspection Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.05M
Blend (final)
Blend
$4.92M
Owner & transaction history
Nelson Motor Holdings LLC · 9 yrs held
Nelson Motor Holdings LLC
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.5M
+25.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$6,005,000
Current use
COMMERCIAL (GENERAL)
$7,545,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$4.92M
Range $4.43M – $5.41M · ±10%
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
$197 / 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
$91,298
Tax year 2023
Assessed value
$3,227,440
Assessed 2024
Previous assessed
$3,227,440
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$1,462,720
Assessed improvement
$1,764,720
Land market value
$3,656,800
Improvement market value
$4,411,800
Total market value
$8,068,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2018
Heating
ZONE
Cooling
YES
Units
1
Bathrooms
2
Total area
24,920 SF
Lot
4 ac (174,240 SF)
APN
079-100.10-000
UPID
US80-2935956
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
$6.0M
COMMERCIAL (GENERAL)
Est. value
$7.5M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
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
2018
Heating
ZONE
Cooling
Yes
Units
1
Bathrooms
2
Lot
4 ac
Current owner
From public records · entity-resolved
Nelson Motor Holdings LLC
Entity
Mailing address
10010 S MEMORIAL DR, TULSA, OK 74133-6103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 17, 2022
—
Nelson Motor Holdings LLC
—
Deed
related
$5,387,758 · Toyota Financial Savings Bank
Jan 4, 2018
—
Nelson Motor Holdings LLC
—
Loan Modification
related
$6,390,000 · Bank Of America
Sep 15, 2016
$2,800,000
Nelson Motor Holdings LLC
Smith,clarissa D
Grant Deed
related
$2,200,000 · Bank Of America
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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