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Property profile & analytics
OFF-MARKET Estimated value $1,725,000
Drug stores

1331 Memorial Blvd Murfreesboro, TN 37129-2422

10,855 SF 1.79 ac lot Built 2002
Entity Owned 16-yr Hold Absentee Owner Free & Clear
Property ID
US80-1917703
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2002
Construction FRAME
Total area 10,855 SF
Lot 1.79 ac (77,972 SF)
Zoning code CH
APN 091C-F-010.00-000
UPID US80-1917703
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
  • CVS Photo (Bike/Boat/Book/etc) Store Printing Service
  • CVS Cosmetic Store
  • Coinhub Bitcoin ATM Teller Atm
  • MoneyGram Bank Credit Union
  • CVS Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.95M
Comparable Approach Comparable
$1.61M
Blend (final) Blend
$1.73M
Owner & transaction history
Tennessee Cvs Pharmacy LLC · 16 yrs held
Tennessee Cvs Pharmacy LLC
since 2010
6 recorded transactions
2010
Price N/A
2002
Price N/A
2002
$116,666
1996
Price N/A
1994
$116,666
1993
$116,666
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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