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Property profile & analytics
OFF-MARKET
Estimated value
$2,025,000
Turn key restaurants
1831 Broad St Murfreesboro, TN 37129-3219
Entity Owned
2-yr Hold
Free & Clear
Property ID
US80-3495806
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Total area
13,561 SF
Lot
2.64 ac (114,998 SF)
APN
080I-A-001.00-000
UPID
US80-3495806
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
-
weight watchers Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.03M
Owner & transaction history
Riveview Holdings LLC · 2 yrs held
Riveview Holdings LLC
since 2023
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,935,000
ML approach
$1,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.03M
Range $1.82M – $2.23M · ±10% · vs last sale $2.10M (Oct 3 2023)
Last sale anchor
$2.10M
Oct 3 2023
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
$149 / 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
Assessed value
$422,080
Assessed 2024
Previous assessed
$422,080
+0.0% YoY
Assessed land
$282,920
Assessed improvement
$139,160
Land market value
$707,300
Improvement market value
$347,900
Total market value
$1,055,200
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1965
Heating
ZONE
Cooling
YES
Stories
1
Units
1
Bathrooms
7
Total area
13,561 SF
Lot
2.64 ac (114,998 SF)
APN
080I-A-001.00-000
UPID
US80-3495806
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
Building & site characteristics
From public records
Year built
1965
Heating
ZONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
7
Lot
2.64 ac
Current owner
From public records · entity-resolved
Riveview Holdings LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2007 RIVERVIEW DR, MURFREESBORO, TN 37129-1324
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 24, 2025
—
Riverview Holdings LLC
—
Deed
related
$3,030,000 · Pinnacle Bank
Oct 3, 2023
$2,100,000
Riveview Holdings LLC
Makoto Fujiwara
Warranty Deed
—
Oct 27, 2022
—
Makoto Fujiwara
Momoko Imai
Quit Claim Deed
related
$725,663 · Cogent Bank
Apr 15, 2020
—
Makoto Fujiwara
—
Deed
related
—
Apr 5, 2017
—
Makoto Fujiwara
Murfreesboro Ldg 645 Loyal Or
Quit Claim Deed
related
—
Apr 5, 2017
$817,000
Makoto Fujiwara
Murfreesboro Lodge No 645 Loyal Ord
Warranty Deed
$605,000 · Pinnacle Bank
Mar 5, 2001
—
Murf Lodge 645 Loyal Of Mo
Karam,tom T
Trustees Deed
related
—
—
—
Makoto Fujiwara
—
Loan Modification
related
—
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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