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Property profile & analytics
OFF-MARKET
Estimated value
$1,980,000
Self service car washes
139 Cason Ln Murfreesboro, TN 37128-4897
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1344852
Property profile
Verified
Property type
Self service car washes
Use group
CAR WASH - SELF-SERVE
Year built
2005
Construction
FRAME
Total area
4,693 SF
Lot
0.75 ac (32,714 SF)
APN
092N-B-003.00-000
UPID
US80-1344852
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
-
Cason Lane Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.98M
Owner & transaction history
Cason Lane Carwash Partners · 4 yrs held
Cason Lane Carwash Partners
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+25.6%
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
$1,960,000
ML approach
$1,970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,420,000
Change: +26% · Conversion: Moderate
Blend value · Realmo final
$1.98M
Range $1.78M – $2.18M · ±10% · vs last sale $2.00M (Oct 20 2021)
Last sale anchor
$2.00M
Oct 20 2021
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
$422 / 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
Assessed value
$360,840
Assessed 2024
Previous assessed
$360,840
+0.0% YoY
Assessed land
$245,880
Assessed improvement
$114,960
Land market value
$614,700
Improvement market value
$287,400
Total market value
$902,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Self service car washes
Use group
CAR WASH - SELF-SERVE
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
NONE
Units
1
Total area
4,693 SF
Lot
0.75 ac (32,714 SF)
APN
092N-B-003.00-000
UPID
US80-1344852
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
$1.4M
COMMERCIAL (GENERAL)
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
2005
Construction
FRAME
Heating
NONE
Units
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Cason Lane Carwash Partners
Entity
Mailing address
144 CASON LN, MURFREESBORO, TN 37128-4838
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2021
$2,000,000
Cason Lane Carwash Partners
James Eric Emery
Warranty Deed
$60,000 · James Eric Emery Etal
Jul 13, 2007
—
James F Emery
—
Trustees Deed
related
$249,288 · First Tennessee Bank National
Aug 14, 2002
—
James E Emery
Emery,james F
Quit Claim Deed
related
—
Nov 12, 1996
$250,000
James F Emery
Emery,james F
Grant Deed
related
$650,000 · First Tennessee Bank National
—
—
James E Emery
—
Deed Of Trust
related
$50,000 · Wilson Bk&tr
—
—
James E Emery
—
Deed Of Trust
related
$50,000 · Wilson Bank & Trust
—
—
James E Emery
—
Deed Of Trust
related
$300,000 · Wilson Bk&tr
—
—
James F Emery
—
Deed Of Trust
related
$484,508 · First Tennessee Bank National
—
—
James E Emery
—
Deed Of Trust
related
$484,508 · First Tennessee Bank National
—
—
James E Emery
—
Deed Of Trust
related
$175,000 · First Tennessee Bank National
—
—
James F Emery
—
Deed Of Trust
related
$93,417 · First Tennessee Bank National
—
—
James E Emery
—
Loan Modification
related
$893,330 · Wilson Bk&tr
—
—
Emery,james E & Edith B
—
Deed Of Trust
related
$850,000 · Wilson Bk&tr
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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