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Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Strip malls
1722 Rutherford Blvd Murfreesboro, TN 37130-0712
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-1556615
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2005
Construction
FRAME
Total area
7,560 SF
Lot
0.91 ac (39,465 SF)
APN
112H-B-002.00-000
UPID
US80-1556615
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
-
Somboun's Asian Market Grocery & Convenience Store Food Market
-
City Nails & Spa Nail Salon
-
Beauty Hair Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.93M
CAP Approach
CAP
$1.56M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.83M
Owner & transaction history
J & Y Enterprises LLC · 5 yrs held
J & Y Enterprises LLC
since 2021
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.0M
+55.8%
Auto repair, garage
$1.8M
+42.4%
Medical building
$1.4M
+10.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Murfreesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murfreesboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,810,000
ML approach
$1,925,000
CAP Approach
CAP Return
Estimation
6%
$1,685,000
6.5%
$1,560,000
7%
$1,445,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,280,000
Current use
COMMERCIAL (GENERAL)
$1,995,000
Change: +56% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,820,000
Change: +42% · Conversion: Difficult
MEDICAL BUILDING
$1,410,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$1,140,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $1.85M (Apr 23 2021)
Last sale anchor
$1.85M
Apr 23 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$242 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,068
Tax year 2023
Assessed value
$638,720
Assessed 2024
Previous assessed
$638,720
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$240,440
Assessed improvement
$398,280
Land market value
$601,100
Improvement market value
$995,700
Total market value
$1,596,800
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
1
Units
5
Total area
7,560 SF
Lot
0.91 ac (39,465 SF)
APN
112H-B-002.00-000
UPID
US80-1556615
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.4M
OFFICE BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
1
Units
5
Lot
0.91 ac
Current owner
From public records · entity-resolved
J & Y Enterprises LLC
Entity
Mailing address
700 GRN HL BLVD, BRENTWOOD, TN 37027-7400
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2021
$1,850,000
J & Y Enterprises LLC
Pradeep Agnihotri
Warranty Deed
$1,500,892 · First Citizens National Bank
Mar 12, 2020
—
Pradeep Agnihotri
—
Deed
related
$1,400,000 · Legends Bk
Sep 16, 2011
—
Pradeep Agnihotri
—
Deed Of Trust
related
$1,010,300 · Greenbank
Apr 21, 2005
—
Pradeep Agnihotri
—
Trustees Deed
related
$1,100,000 · Cumberland Bank
—
—
Pradeep Agnihotri
—
Deed Of Trust
related
$1,400,000 · Legends Bk
—
—
Pradeep Agnihotri
—
Loan Modification
related
$1,400,000 · Legends Bk
—
—
Pradeep Agnihotri
—
Deed Of Trust
related
$363,643 · Cumberland Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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