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Property profile & analytics

124 John R Rice Blvd Murfreesboro, TN 37129-4154

  • Warehouses
  • 125,472 SF
  • 2.70 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US80-2990993
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

  • U-Haul Neighborhood Dealer / Van Rental Agency / Truck Rental Agency
  • W. STONEWALL MUSIC GROUP / Music Management And Promotion / Service Establishment
  • Red Carpet Self Storage / Storage Facility / Self-Storage Facility

Property Details for 124 John R Rice Blvd

Year built
2018
Construction
FRAME
Lot size
2.70 lot acres
Property size
125,472 SF
Property type
Warehouses
Property subtype
Self storage facilities
APN
092-031.02-000
APU
9203102000

Description

This stabilized self-storage facility, located at 124 John R Rice Blvd, Murfreesboro, TN 37129, boasts 99,624 square feet of rentable space across 814 units. Currently operating at 82.9% occupancy (as of August 31, 2024), this property sits on a 2.7-acre lot within the Nashville MSA. The facility's strategic location near residential areas, businesses, and major highways ensures consistent demand. A diverse range of unit sizes caters to individual, family, and business needs, further enhanced by climate-controlled options. Modern amenities include well-lit premises, keypad entry, 24-hour video surveillance, delivery acceptance, free moving carts, and a business center featuring a conference room, work stations, coffee bar, and Wi-Fi. The strong market demand is fueled by Murfreesboro's population growth and economic development, with 3,539 future residential units planned within a 5-mile radius. The average household income within a 5-mile radius is $98,945, indicating a strong potential customer base. This combination of prime location, diverse offerings, modern amenities, and robust security measures positions this property for consistent returns and long-term value. The property offers a compelling investment opportunity due to the growing need for storage solutions in this rapidly expanding market.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Murfreesboro
County
Rutherford
State
Tennessee
Longitude
-86.4394
Latitude
35.8488
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
$131,144
$926,240
$3,709,800
$4,636,040
-
$2,315,600
$9,274,500
$11,590,100
More about this property
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