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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Super regional malls
2044 Business Campus Dr Murfreesboro, TN 37130-5555
Entity Owned
6-yr Hold
Free & Clear
Property ID
US80-2782125
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2019
Construction
FRAME
Total area
4,800 SF
Lot
1.24 ac (54,014 SF)
APN
113C-C-009.00-000
UPID
US80-2782125
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$990k
Comparable Approach
Comparable
$780k
Blend (final)
Blend
$900k
Owner & transaction history
Exacta Re USA INC · 6 yrs held
Exacta Re USA INC
since 2020
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+55.8%
Auto repair, garage
$1.2M
+42.4%
Medical building
$895,000
+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
$990,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
$1,070,000
6.5%
$990,000
7%
$920,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$810,000
Current use
COMMERCIAL (GENERAL)
$1,265,000
Change: +56% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,155,000
Change: +42% · Conversion: Difficult
MEDICAL BUILDING
$895,000
Change: +10% · Conversion: Difficult
OFFICE BUILDING
$725,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $800k (Jan 17 2020)
Last sale anchor
$800k
Jan 17 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
$188 / 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
$7,771
Tax year 2023
Assessed value
$274,720
Assessed 2024
Previous assessed
$274,720
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$122,160
Assessed improvement
$152,560
Land market value
$305,400
Improvement market value
$381,400
Total market value
$686,800
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
RADIANT
Units
1
Bathrooms
1
Total area
4,800 SF
Lot
1.24 ac (54,014 SF)
APN
113C-C-009.00-000
UPID
US80-2782125
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
$810,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$895,000
OFFICE BUILDING
Est. value
$725,000
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
2019
Construction
FRAME
Heating
RADIANT
Units
1
Bathrooms
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Exacta Re USA INC
Entity
Free & Clear · 6 yrs held
Mailing address
2044 BUSINESS CAMPUS DR, MURFREESBORO, TN 37130-5555
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2020
$800,000
Exacta Re USA INC
George E Patterson
Warranty Deed
—
Jan 3, 2020
—
George E Patterson
—
Deed
related
$174,974 · Pinnacle Bk
Oct 11, 2019
—
George E Patterson
George E Patterson
Quit Claim Deed
related
—
Dec 28, 2017
—
George E Patterson
—
Trustees Deed
related
$654,150 · Pinnacle Bk
Sep 28, 2017
$202,500
George E Patterson
Guardian Garage Floors LLC
Warranty Deed
$200,000 · Pinnacle Bk
Dec 19, 2016
$170,500
Guardian Garage Floors LLC
Haynes,james J & Sonia
Warranty Deed
$142,869 · Volunteer St Bk
—
—
George E Patterson
—
Loan Modification
related
$174,974 · Pinnacle Bk
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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