Entity Owned Property summary
AI-generated overview
This exceptional 4,800-square-foot executive office suite is located at 1574 Medical Center Pkwy, Suite 101, Murfreesboro, TN 37129. Situated in Rutherford County's thriving Medical Center Parkway district, this single-tenant property offers a prime location with high visibility and easy access to I-24. The fully furnished suite boasts a modern design, including private offices with sleek furniture, spacious meeting rooms, and a contemporary kitchen featuring navy cabinetry and stainless-steel appliances. Large windows provide abundant natural light, creating a bright and energizing workspace. Upscale restrooms and a beautifully landscaped patio with seating add to the sophisticated ambiance. The property is zoned GDO and benefits from its proximity to a variety of restaurants, retail establishments, and healthcare facilities, ensuring convenience for both employees and clients. Ample parking is available. This turnkey office space presents a unique opportunity to establish a professional presence in one of Murfreesboro's most desirable commercial areas. The property is a single-tenant occupancy. This is a truly exceptional opportunity to secure premier office space.
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2016
Total area
18,660 SF
Lot
1.92 ac (83,722 SF)
APN
091A-C-021.00-000
UPID
US80-2220840
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
-
Loan Service Bank
-
Real Estate Agency
-
Real Estate Agency
-
Real Estate Agency
-
Loan Service Bank
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.50M
Comparable Approach
Comparable
$4.15M
Blend (final)
Blend
$3.52M
Owner & transaction history
since 2015
3 recorded transactions
Zoning & alternative use
Top alternative use upside
Commercial (general)
$5.7M
+63.8%
Retail stores
$3.9M
+11.0%
Neighborhood: shopping center
$3.8M
+10.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.52M
Value range
$3.16M – $3.87M
±10% around blend
Estimated value / SF
$188 / SF
Confidence
Property data
75
Market benchmarks
67
Comparable evidence
60
$3.16M
blend $3.52M
$3.87M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
18,660 SF
Lot area
1.92 ac
Year built
2016
APN
091A-C-021.00-000
Assessed value
$2,240,920
Annual tax
$63,391
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.50M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.79M
@ 6.5% CAP return
$3.50M
@ 7% CAP return
$3.25M
4
Sales comparison
Partial preview
Sales approach indication
$4.15M
Range $1.92M – $5.74M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.52M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 29 sales
$186
+1%
County 40 sales
$204
-8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $188/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+64%
vs current-use indication
Retail Stores
Neighborhood: Shopping Center
Medical Building · current use
Auto Repair, Garage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.24M
Move the market yield to see immediate price impact.
Value / SF
$120
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$141k
$2.82M
$2.02M
$1.57M
$157k
$3.14M
$2.24M
$1.74M
$173k
$3.45M
$2.46M
$1.92M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$63,391
Tax year 2023
Assessed value
$2,240,920
Assessed 2024
Previous assessed
$2,240,920
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$675,360
Assessed improvement
$1,565,560
Land market value
$1,688,400
Improvement market value
$3,913,900
Total market value
$5,602,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2016
Heating
YES
Cooling
YES
Bathrooms
10
Total area
18,660 SF
Lot
1.92 ac (83,722 SF)
APN
091A-C-021.00-000
UPID
US80-2220840
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Heating
YES
Cooling
Yes
Bathrooms
10
Lot
1.92 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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