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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Office buildings
1417 Mark Allen Ln Murfreesboro, TN 37129-5597
Entity Owned
~
Est. High Equity
Property ID
US80-0513721
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Construction
FRAME
Total area
2,997 SF
Lot
1.03 ac (44,867 SF)
Zoning code
H-I
APN
102J-A-007.00-000
UPID
US80-0513721
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
-
Dr. Sabitha Hudek Physician
-
Pranahitha Reddy Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$650k
Comparable Approach
Comparable
$615k
Blend (final)
Blend
$590k
Owner & transaction history
Promise Kids Christian Academy INC
Promise Kids Christian Academy INC
since 2026
7 recorded transactions
Zoning & alternative use
H-I · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$915,000
+83.3%
Retail stores
$620,000
+24.3%
Neighborhood: shopping center
$615,000
+23.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$705,000
6.5%
$650,000
7%
$605,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$500,000
Current use
COMMERCIAL (GENERAL)
$915,000
Change: +83% · Conversion: Easy
RETAIL STORES
$620,000
Change: +24% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$615,000
Change: +24% · Conversion: Difficult
MEDICAL BUILDING
$560,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$535,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$590k
Range $531k – $649k · ±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
$197 / 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
$1,987
Tax year 2023
Assessed value
$208,560
Assessed 2024
Previous assessed
$208,560
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$97,680
Assessed improvement
$110,880
Land market value
$244,200
Improvement market value
$277,200
Total market value
$521,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
4
Total area
2,997 SF
Lot
1.03 ac (44,867 SF)
Zoning code
H-I
APN
102J-A-007.00-000
UPID
US80-0513721
Jurisdiction
RUTHERFORD
Zoning & alternative use
H-I · Murfreesboro, TN
Zoning H-I · permitted uses
H-I · Murfreesboro, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murfreesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$500,000
COMMERCIAL (GENERAL)
Est. value
$915,000
RETAIL STORES
Est. value
$620,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$615,000
MEDICAL BUILDING
Est. value
$560,000
AUTO REPAIR, GARAGE
Est. value
$535,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
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
1998
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Bathrooms
4
Lot
1.03 ac
Current owner
From public records · entity-resolved
Promise Kids Christian Academy INC
Entity
Mailing address
1417 MARK ALLEN LN, MURFREESBORO, TN 37129-5597
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2026
—
Promise Kids Christian Academy INC
Promise Kids INC
Quitclaim Deed
related
—
Mar 4, 2024
$560,000
Promise Kids INC
Sabitha Hudek
Quit Claim Deed
related
$448,700 · Firstbank
Apr 4, 2019
—
Sabitha Hudek
—
Deed
related
$360,000 · Firstbank
Mar 16, 2018
—
Sabitha Hudek
—
Deed
related
$328,800 · Southern Community Bank
—
—
Sabitha Hudek
—
Deed Of Trust
related
$360,000 · Firstbank
—
—
Sabitha Hudek
—
Deed Of Trust
related
$47,865 · Amsouth Bank
—
—
Sabitha Hudek
—
Deed Of Trust
related
$394,135 · Amsouth Bank
—
—
Sabitha Hudek
—
Deed Of Trust
related
$442,000 · Regions Bank
—
—
Sabitha Hudek
—
Deed Of Trust
related
$328,800 · Southern Cmnty Bk
—
—
Caring
—
Deed Of Trust
related
$120,000 · Amsouth Bank
—
—
Sabitha Hudek
—
Deed Of Trust
related
$22,100 · Regions 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.
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