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Property profile & analytics
OFF-MARKET
Estimated value
$2,190,000
Hotels
1409 Conference Ctr Blvd Murfreesboro, TN 37129-4357
Individually Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US80-2037312
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2014
Construction
FRAME
Total area
22,307 SF
Lot
2.48 ac (108,029 SF)
APN
079-095.19-000
UPID
US80-2037312
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
-
Residence Inn Nashville SE/Murfreesboro Hotel & Motel
-
1409 Conference Center Boulevard Parking Parking Lot & Garage
-
Oakland High School murfreesboro TN High School
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$2.19M
Owner & transaction history
Vision Murfreesboro Delaware L · 10 yrs held
Vision Murfreesboro Delaware L
since 2016
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.4M
+73.5%
Office building
$3.0M
+52.9%
Medical building
$2.9M
+47.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,170,000
6.5%
$2,005,000
7%
$1,860,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,965,000
Current use
COMMERCIAL (GENERAL)
$3,410,000
Change: +74% · Conversion: Difficult
OFFICE BUILDING
$3,005,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$2,895,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,525,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$2,010,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,970,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$2.19M
Range $1.97M – $2.41M · ±10%
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
$98 / 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
Tax billed
$138,046
Tax year 2023
Assessed value
$4,880,000
Assessed 2024
Previous assessed
$4,880,000
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$830,840
Assessed improvement
$4,049,160
Land market value
$2,077,100
Improvement market value
$10,122,900
Total market value
$12,200,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2014
Construction
FRAME
Heating
HEAT PUMP
Units
112
Bathrooms
114
Total area
22,307 SF
Lot
2.48 ac (108,029 SF)
APN
079-095.19-000
UPID
US80-2037312
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
HOTEL/MOTEL Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.0M
MEDICAL BUILDING
Est. value
$2.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
RETAIL STORES
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.0M
HOTEL/MOTEL Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
2014
Construction
FRAME
Heating
HEAT PUMP
Units
112
Bathrooms
114
Lot
2.48 ac
Current owner
From public records · entity-resolved
Vision Murfreesboro Delaware L
Individual
Mailing address
3520 PIEDMONT RD NE STE #410, ATLANTA, GA 30305-1512
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2016
—
Vision Murfreesboro Delaware L
Vision Murfreesboro LLC
Quit Claim Deed
related
$13,000,000 · German Am Cap
Sep 14, 2012
$1,244,000
Vision Murfreesboro LLC
Gatton C M Trust
Grant Deed
—
—
—
Vision Murfreesboro LLC
—
Deed Of Trust
related
$10,000,000 · First Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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