Technical
Financial
Distress signals
Property profile

1850 Old Ft Pkwy Murfreesboro, TN 37129

OFF-MARKET
Hotels
Property ID
US80-1466456
38,329 SF 5.7 ac lot Built 1988
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1988
Total area 38,329 SF
Lot 5.7 ac (248,292 SF)
Zoning code CH
APN 091I-A-002.00-000
UPID US80-1466456

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
  • Hotel & Motel
  • Grocery & Convenience Store
  • Housing Society
  • Association Or Organization
  • Restaurant

Location

1850 Old Ft Pkwy Murfreesboro, TN 37129-3363
Murfreesboro metro Census 40901 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.89M
Blend (final) Blend
$2.13M

Owner & transaction history

since 2020
4 recorded transactions
2020
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CH · Murfreesboro, TN
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…

General category INDUSTRIAL
Top alternative use upside
Retail stores $3.5M +2.3%
Auto repair, garage $3.4M +0.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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