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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Manufacturing properties
2020 Business Campus Dr Murfreesboro, TN 37130-5555
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US80-2783109
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2020
Total area
5,000 SF
Lot
0.74 ac (32,234 SF)
APN
113C-C-011.00-000
UPID
US80-2783109
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
-
Crescent Manufacturing Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
$525k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$805k
Owner & transaction history
Peter L Kliewer · 6 yrs held
Peter L Kliewer
since 2020
Last sale
$780,500
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$840,000
+703.8%
Auto repair, garage
$790,000
+658.5%
Medical building
$605,000
+481.4%
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
$965,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
$570,000
6.5%
$525,000
7%
$490,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$840,000
Change: +704% · Conversion: Difficult
AUTO REPAIR, GARAGE
$790,000
Change: +658% · Conversion: Easy
MEDICAL BUILDING
$605,000
Change: +481% · Conversion: Difficult
RESTAURANT
$580,000
Change: +457% · Conversion: Difficult
OFFICE BUILDING
$580,000
Change: +455% · Conversion: Difficult
RETAIL STORES
$570,000
Change: +445% · Conversion: Moderate
Blend value · Realmo final
$805k
Range $725k – $886k · ±10% · vs last sale $781k (May 21 2020)
Last sale anchor
$781k
May 21 2020
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
$161 / 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
$6,690
Tax year 2023
Assessed value
$236,480
Assessed 2024
Previous assessed
$236,480
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$86,800
Assessed improvement
$149,680
Land market value
$217,000
Improvement market value
$374,200
Total market value
$591,200
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2020
Heating
ZONE
Cooling
YES
Units
1
Bathrooms
1
Total area
5,000 SF
Lot
0.74 ac (32,234 SF)
APN
113C-C-011.00-000
UPID
US80-2783109
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
$840,000
AUTO REPAIR, GARAGE
Est. value
$790,000
MEDICAL BUILDING
Est. value
$605,000
RESTAURANT
Est. value
$580,000
OFFICE BUILDING
Est. value
$580,000
RETAIL STORES
Est. value
$570,000
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
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
2020
Heating
ZONE
Cooling
Yes
Units
1
Bathrooms
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Peter L Kliewer
Individual
Mailing address
PO BOX 331015, MURFREESBORO, TN 37133-1015
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2020
$780,500
Peter L Kliewer
Frank A Bryant
Grant Deed
$657,900 · Franklin Synergy Bk
Feb 6, 2019
—
Frank A Bryant
—
Trustees Deed
related
$567,715 · Liberty St Bk
Mar 15, 2018
$161,000
Frank A Bryant
Richland South LLC
Grant Deed
—
Nov 17, 2014
$409,000
Richland South LLC
Charles R Farrer Ptshp
Grant Deed
—
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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