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Property profile & analytics
OFF-MARKET
Estimated value
$13,500,000
Manufacturing properties
1800 Joe B Jackson Pkwy Murfreesboro, TN 37127-7789
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1478612
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2011
Total area
100,106 SF
Lot
13.91 ac (605,920 SF)
APN
126-050.26-000
UPID
US80-1478612
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
-
Dexter Stamping Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.50M
CAP Approach
CAP
$10.56M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.50M
Owner & transaction history
Welcome Industrial Sub 72 LLC · 2 yrs held
Welcome Industrial Sub 72 LLC
since 2024
Last sale
$13.5M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$16.0M
+666.9%
Restaurant
$12.9M
+518.7%
Office building
$12.4M
+495.5%
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
$13,500,000
ML approach
$13,500,000
CAP Approach
CAP Return
Estimation
6%
$11,435,000
6.5%
$10,555,000
7%
$9,800,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$16,015,000
Change: +667% · Conversion: Difficult
RESTAURANT
$12,920,000
Change: +519% · Conversion: Difficult
OFFICE BUILDING
$12,435,000
Change: +495% · Conversion: Difficult
MEDICAL BUILDING
$10,730,000
Change: +414% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$10,720,000
Change: +413% · Conversion: Difficult
RETAIL STORES
$9,440,000
Change: +352% · Conversion: Moderate
Blend value · Realmo final
$13.50M
Range $12.15M – $14.85M · ±10% · vs last sale $13.50M (Feb 29 2024)
Last sale anchor
$13.50M
Feb 29 2024
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
$135 / 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
$110,358
Tax year 2023
Assessed value
$3,889,760
Assessed 2024
Previous assessed
$3,901,240
-0.3% YoY
Effective rate
2.84%
On assessed value
Assessed land
$658,280
Assessed improvement
$3,231,480
Land market value
$1,645,700
Improvement market value
$8,078,700
Total market value
$9,724,400
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2011
Heating
SPACE
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Rooms
8
Bathrooms
8
Total area
100,106 SF
Lot
13.91 ac (605,920 SF)
APN
126-050.26-000
UPID
US80-1478612
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
COMMERCIAL (GENERAL)
Est. value
$16.0M
RESTAURANT
Est. value
$12.9M
OFFICE BUILDING
Est. value
$12.4M
MEDICAL BUILDING
Est. value
$10.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.7M
RETAIL STORES
Est. value
$9.4M
COMMERCIAL (GENERAL)
RESTAURANT
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2011
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
2
Rooms
8
Bathrooms
8
Lot
13.91 ac
Current owner
From public records · entity-resolved
Welcome Industrial Sub 72 LLC
Entity
Mailing address
5858 WESTHEIMER RD STE #800, HOUSTON, TX 77057-5777
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
$13,500,000
Welcome Industrial Sub 72 LLC
Dexter Stamping Company LLC
Special Warranty Deed
$7,844,000 · Continental Life Insurance Company
Feb 29, 2024
—
Welcome Industrial Sub 72 LLC
Dexter Stamping Company LLC
Quit Claim Deed
related
—
Feb 26, 2024
—
Not Provided
Not Provided
Correction Deed
related
—
Mar 20, 2020
$1,667,170
Dexter Stamping LLC
Nhk Seating Of America INC
Special Warranty Deed
—
Jan 11, 2012
—
Industrial Dev Board Of Rutherfor
Nhk Seating Of America INC
Grant Deed
$26,600,000 · Nhk Seating Of America INC
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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