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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Strip malls
1220 Northfield Blvd A-C Murfreesboro, TN 37130-1207
Entity Owned
6-yr Hold
Free & Clear
Property ID
US80-1769960
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2021
Construction
FRAME
Total area
7,425 SF
Lot
1.43 ac (62,465 SF)
APN
081-112.11-000
UPID
US80-1769960
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
-
Brunch and Brew cafe (Joe and Dough) Restaurant Cafe & Coffee Shop
-
Coffee and Doughnuts Restaurant Cafe & Coffee Shop
-
Speed Coin Laundry 2 (Bike/Boat/Book/etc) Store
-
Joe and Dough Cafe Restaurant Cafe & Coffee Shop
-
ATM Machine at Speedy Coin Laundry 2 Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Shri Sai Nath 2 LLC · 6 yrs held
Shri Sai Nath 2 LLC
since 2020
Last sale
$485,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$600,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $485k (Mar 23 2020)
Last sale anchor
$485k
Mar 23 2020
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
$72 / 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
$21,832
Tax year 2023
Assessed value
$771,760
Assessed 2024
Previous assessed
$771,760
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$333,440
Assessed improvement
$438,320
Land market value
$833,600
Improvement market value
$1,095,800
Total market value
$1,929,400
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2021
Construction
FRAME
Heating
NONE
Cooling
AC.PACKAGE
Units
3
Total area
7,425 SF
Lot
1.43 ac (62,465 SF)
APN
081-112.11-000
UPID
US80-1769960
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
Building & site characteristics
From public records
Year built
2021
Construction
FRAME
Heating
NONE
Cooling
Yes
Units
3
Lot
1.43 ac
Current owner
From public records · entity-resolved
Shri Sai Nath 2 LLC
Entity
Free & Clear · 6 yrs held
Mailing address
352 N THOMPSON LN, MURFREESBORO, TN 37129-4308
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 9, 2021
—
Jigna T Patel
—
Deed
related
$1,983,600 · South Central Bank
Mar 23, 2020
—
Shri Sai Nath 2 LLC
Jagna T Patel
Grant Deed
related
—
Jan 22, 2020
$485,000
Jigna T Patel
Glen Hill Investments LLC
Warranty Deed
$1,600,000 · South Ctrl Bk
Jan 22, 2020
—
Glen Hill Invs Mgmt LLC
Northfield Ventures LLC
Correction Deed
related
—
—
—
Glen Hill Investments LLC
—
Deed Of Trust
related
$802,750 · Capstar Bk
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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