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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Retail space
124 Church St Murfreesboro, TN 37130-3636
Entity Owned
1-yr Hold
Free & Clear
Property ID
US80-0786335
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
FRAME
Total area
2,698 SF
Lot
0.04 ac (1,699 SF)
APN
091NB-C-025.00-000
UPID
US80-0786335
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
-
Church Street Gallery Art Gallery
-
Companions Forever Pet Funeral Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$485k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$665k
Owner & transaction history
Hollingshead Rental Company LLC · 1 yrs held
Hollingshead Rental Company LLC
since 2025
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$710,000
+97.7%
Auto repair, garage
$650,000
+80.7%
Medical building
$500,000
+39.6%
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
$695,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$525,000
6.5%
$485,000
7%
$450,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$710,000
Change: +98% · Conversion: Easy
AUTO REPAIR, GARAGE
$650,000
Change: +81% · Conversion: Difficult
MEDICAL BUILDING
$500,000
Change: +40% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$455,000
Change: +27% · Conversion: Moderate
OFFICE BUILDING
$405,000
Change: +13% · Conversion: Easy
Blend value · Realmo final
$665k
Range $599k – $732k · ±10% · vs last sale $750k (Apr 16 2025)
Last sale anchor
$750k
Apr 16 2025
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
$246 / 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
$2,701
Tax year 2023
Assessed value
$95,480
Assessed 2024
Previous assessed
$95,480
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$20,080
Assessed improvement
$75,400
Land market value
$50,200
Improvement market value
$188,500
Total market value
$238,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
2
Units
1
Bathrooms
0
Total area
2,698 SF
Lot
0.04 ac (1,699 SF)
APN
091NB-C-025.00-000
UPID
US80-0786335
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
COMMERCIAL (GENERAL)
Est. value
$710,000
AUTO REPAIR, GARAGE
Est. value
$650,000
MEDICAL BUILDING
Est. value
$500,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$455,000
OFFICE BUILDING
Est. value
$405,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1900
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
2
Units
1
Bathrooms
0
Lot
0.04 ac
Current owner
From public records · entity-resolved
Hollingshead Rental Company LLC
Entity
Free & Clear · 1 yrs held
Mailing address
124 N CHURCH ST, MURFREESBORO, TN 37130-3636
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Apr 16, 2025
$750,000
Hollingshead Rental Company LLC
Maredith Clayton Metier
Warranty Deed
—
Nov 6, 2020
—
Maredith C Metier
James K Clayton JR
Quit Claim Deed
related
—
Jan 23, 2019
—
Maredith Metier
Cook,elizabeth F C
Grant Deed
related
—
—
—
James K Clayton III
—
Deed Of Trust
related
$2,208 · Personal Loan & Investment
—
—
William T Kendrick
—
Deed Of Trust
related
$1,332 · Personal Loan & Investment
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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