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Property profile & analytics
OFF-MARKET Estimated value $3,090,000
Strip malls

1433 Warrior Dr Murfreesboro, TN 37128-6970

13,985 SF 2.23 ac lot Built 2020
Entity Owned 5-yr Hold
Property ID
US80-0945766
Property summary
AI-generated overview

This exceptional 13,996 square foot retail center in Murfreesboro, Tennessee, is offered at $5,950,000. The property boasts a strong tenant mix within a fully leased building, presenting a compelling investment opportunity. Located at 1433 Warrior Drive, this commercially zoned property benefits from a convenient location right off I-24/New Salem Highway at Exit 80, ensuring high visibility and accessibility. The building includes a drive-thru, enhancing its operational capabilities and appeal to a wide range of businesses. The current Net Operating Income (NOI) supports a 6% capitalization rate. With a price per square foot of $425.12, this property represents a solid investment in a thriving market. The property is situated in Rutherford County, within a 5-mile radius of a population of 154,245, guaranteeing a substantial customer base. This single-building retail center, categorized as both a restaurant and shopping center, offers a diverse and stable income stream. The property's prime location and strong tenant occupancy make it an attractive option for investors seeking a high-return, low-risk investment in a rapidly growing area. The zoning is commercial, allowing for flexibility and future development potential.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Construction FRAME
Total area 13,985 SF
Lot 2.23 ac (97,139 SF)
APN 102-055.00-000
UPID US80-0945766
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
  • hamza the barber Barber Shop
  • Premier Nail Spa Nail Salon
  • Vape Guru Smoke Shop CIGAR, CBD, KRATOM, VAPE (Bike/Boat/Book/etc) Store
  • Warrior Wine & Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • The Crown Hair Studio Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.13M
CAP Approach CAP
$2.88M
Comparable Approach Comparable
$3.39M
Blend (final) Blend
$3.09M
Owner & transaction history
Warrior Partners LLC · 5 yrs held
Warrior Partners LLC
since 2021
Last sale
$3.1M
7 recorded transactions
2021
Price N/A
2021
$3.1M
2020
Price N/A
2020
Price N/A
2018
Price N/A
2018
$750,000
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $4.2M +78.9%
Auto repair, garage $3.4M +42.4%
Medical building $2.6M +10.0%
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