Property profile

1501 Murfreesboro Rd 3 Franklin, TN 37067

OFF-MARKET
Grocery and convenience stores
Property ID
US80-2094763
5,460 SF 1.82 ac lot Built 1996
Individually Owned 33-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1996
Construction FRAME
Total area 5,460 SF
Lot 1.82 ac (79,279 SF)
APN 094079K A 00201
UPID US80-2094763

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Car Wash
  • Postal Service Courier Service
  • Gas Station

Location

1501 Murfreesboro Rd, Unit 3 Franklin, TN 37067-5027
Franklin metro Census 51001 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
$1.31M
Comparable Approach Comparable
$977k
Blend (final) Blend
$625k

Owner & transaction history

since 1993
1 recorded transaction
1993
$687,869

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +319.6%
Medical building $875,000 +197.3%
Restaurant $750,000 +154.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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