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Property profile & analytics
OFF-MARKET Estimated value $9,125,000
Strip malls

1715 Rutherford Blvd 1741 Murfreesboro, TN 37130-5991

71,368 SF 8.94 ac lot Built 1999
Entity Owned 6-yr Hold Free & Clear
Property ID
US80-0786351
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1999
Total area 71,368 SF
Lot 8.94 ac (389,426 SF)
Zoning code CH
APN 112-003.01-000
UPID US80-0786351
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
  • Fantastic Sams Cut and Color Hair Salon
  • Hale's Painting Painting Service General Contractor
  • David M Sellers, MD Medical Clinic
  • TN Computer Medics's Computer & Electronic Repair
  • Edward Jones - Financial Advisor: Lee Colvin, CFP®|CEPA®|AAMS™ Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.64M
Blend (final) Blend
$9.13M
Owner & transaction history
Summit Kensington Place LLC · 6 yrs held
Summit Kensington Place LLC
since 2020
Last sale
$8.6M
7 recorded transactions
2020
$8.6M
2014
$8.8M
2008
Price N/A
2007
Price N/A
2007
Price N/A
2003
$6.8M
1994
$40,000
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH, HIGHWAY COMMERCIAL DISTRICT. This district is intended to permit the development and continued maintenance of general commercial uses located in a linear fashion along highways and near transportation facilities and industrial areas. The uses permitted in this district, the special uses that may be allowed in this district and the uses for which site pla…

Zone name Highway Commercial District
General category INDUSTRIAL
Zone area 3,999.90 ac
Top alternative use upside
Medical building $13.3M +10.0%
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