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Property profile & analytics
OFF-MARKET Estimated value $12,530,000
Outlet malls

125 John R Rice Blvd Murfreesboro, TN 37129-4165

134,909 SF 19.7 ac lot Built 1993
Entity Owned 25-yr Hold Free & Clear
Property ID
US80-1697243
Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1993
Total area 134,909 SF
Lot 19.7 ac (858,132 SF)
Zoning code CH
APN 092-071.00-000
UPID US80-1697243
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
  • Sam's Club Bakery Bakery Specialty Food Shop
  • Sam's Club Optical Center Eye Care Center
  • Sam's Club Hearing Aid Center Hearing Aid Store
  • Sam's Club Gas Station Gas Station
  • Pepelea Family Eye Care Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$17.42M
Blend (final) Blend
$12.53M
Owner & transaction history
Ocharleys INC · 25 yrs held
Ocharleys INC
since 2001
6 recorded transactions
2001
$850,000
2001
$215,000
1993
$240,000
1993
$1.4M
1991
$180,000
1988
$175,000
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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