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    Property profile & analytics

    1509 Joe B Jackson Pkwy Ste A Murfreesboro, TN 37127-7768

    • Grocery and convenience stores
    • 5,796 SF
    • 2.40 lot acres
    OFF-MARKET
    Value Estimation
    $6,040,000
    Last Sale
    Mar 08, 2021
    $6,100,000
    Location Intelligence
    Property ID
    US80-2942122
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Raise the Roost chicken and biscuits / Mexican Restaurant / Chicken Restaurant
    • Laredo Taco Company / Mexican Restaurant
    • Exxon / Gas Station
    • PNC Bank ATM / Atm
    • 7-Eleven / Convenience Store

    Property Details for 1509 Joe B Jackson Pkwy Ste A

    Year built
    2015
    Lot size
    2.40 lot acres
    Property size
    5,796 SF
    Property type
    Grocery and convenience stores
    APN
    126-048.11-000
    APU
    12604811000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,975,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,235,000
      6.5%
      $6,035,000
      7%
      $6,155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $6,725,000
      Geo Method
      $5,580,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,960,000
      Retail
      $5,670,000
      Mixed-Use
      $6,500,000
      Hospitality
      $5,390,000
      Educational
      $5,990,000
      Residential Income
      $6,990,000
      Energy
      $7,590,000
      Income-Based Land
      $6,830,000
      Food Service
      $6,105,000

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3689
    Latitude
    35.7874
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,501
    $349,720
    $481,040
    $830,760
    -
    $874,300
    $1,202,600
    $2,076,900

    Comparable in this City

    • Value Estimation by Request
      2,751 SF

      7318 Manchester Pike

      GROCERY, SUPERMARKET • 2,751 SF
      7318 Manchester Pike, Murfreesboro, TN 37127-7815
      View Details
    • Value Estimation
      $9,825,000
      106,603 SF

      2906 Church St, Unit 2946

      GROCERY, SUPERMARKET • 106,603 SF
      2906 Church St, Murfreesboro, TN 37127-8351
      View Details
    • Value Estimation
      $320,000
      1,612 SF

      2430 Church St

      CONVENIENCE STORE • 1,612 SF
      2430 Church St, Murfreesboro, TN 37127-5508
      View Details
    • Value Estimation
      $630,000
      3,936 SF

      3162 Church St

      CONVENIENCE STORE • 3,936 SF
      3162 Church St, Murfreesboro, TN 37127-7151
      View Details
    • Value Estimation by Request
      1,650 SF

      2414 Main St

      CONVENIENCE STORE • 1,650 SF
      2414 Main St, Murfreesboro, TN 37127-5800
      View Details
    • Value Estimation by Request
      2,526 SF

      3550 Shelbyville Hwy

      Lifestyle centers • 2,526 SF
      3550 Shelbyville Hwy, Murfreesboro, TN 37127
      View Details

    Similar Nearby for Sale

    • $7,425,000
      5,703 SF

      Highway Retail Property in Murfreesboro

      New NNN lease property near Interstate 24 entrance.
      1509 Joe B Jackson Pkwy, Murfreesboro, TN 37127
      View Details
    • $650,000

      Corner Lot on Joe B Jackson

      1.37 acre corner lot near Walmart with city utilities.
      264 Joe B Jackson Pkwy, Murfreesboro, TN 37127
      View Details
    • $2,250,000

      6.56 Acre Commercial Tract

      Commercial land with high-traffic exposure, ideal for various business uses.
      3960 Shelbyville Hwy, Murfreesboro, TN 37127
      View Details
    • $3,200,000
      2,503 SF

      Prime Murfreesboro Commercial Land

      5.5-acre corner lot, high traffic, commercial potential.
      3648 Shelbyville Hwy, Murfreesboro, TN 37127
      View Details
    • $2,200,000
      1,894 SF

      Prime Murfreesboro Commercial Land

      High-traffic location, huge potential.
      3668 Shelbyville Hwy, Murfreesboro, TN 37127
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    • $594,900

      Residential Land with Creek Access

      Land with creek, multiple building sites, and road frontage.
      1138 Coleman Rd, Murfreesboro, TN 37127
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    Similar Nearby for Lease

    • $58 SF/Yr
      1,241 SF

      Retail Space on S Church

      Retail space with frontage on S Church Street available for rent.
      2961-2977 S Church St, Murfreesboro, TN 37127
      View Details
    • $6,666 /Mo
      2,400 SF

      Retail Pad Ground Lease Available

      2,400 SF retail pad site available for ground lease.
      2906 S Church St, Murfreesboro, TN 37127
      View Details
    • Contact for pricing
      70,000 SF

      Retail and Restaurant Space Available

      Retail and restaurant spaces available in Murfreesboro, Tennessee.
      101 Joe B Jackson Pkwy, Murfreesboro, TN 37127
      View Details
    • $42 SF/Yr
      9,000 SF

      Jackson Village Retail Spaces

      Murfreesboro Restaurant & Retail Opportunity
      1536 Joe B Jackson Pkwy, Murfreesboro, TN 37127
      View Details
    • $15 SF/Yr
      9,013 SF

      Murfreesboro Warehouse Space Available

      9,013 SF warehouse space for lease in Murfreesboro.
      2347-2349 Handley St, Murfreesboro, TN 37127
      View Details
    • Contact for pricing
      36,155 SF

      Murfreesboro Commercial Land - 0.83 Acres

      High-traffic, commercially zoned land near I-24.
      3155 Church St, Murfreesboro, TN 37127
      View Details
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    Murfreesboro, TN 37127-7768
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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