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Property profile & analytics
OFF-MARKET Estimated value $1,030,000
Strip malls

1310 Memorial Blvd 1318 Murfreesboro, TN 37129-2421

14,050 SF 1.2 ac lot Built 1989
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US80-1529676
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Construction FRAME
Total area 14,050 SF
Lot 1.2 ac (52,272 SF)
Zoning code CH
APN 091D-F-036.00-000
UPID US80-1529676
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
$966k
Blend (final) Blend
$1.03M
Owner & transaction history
Jim Crossman Realty LLC · 1 yrs held
Jim Crossman Realty LLC
since 2024
Last sale
$1.0M
7 recorded transactions
2024
$1.0M
2024
Price N/A
2023
Price N/A
2009
$575,000
1991
$700,000
1990
$850,000
1988
$170,000
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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