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    Property profile & analytics

    2104 Memorial Blvd Murfreesboro, TN 37129-5111

    • Strip malls
    • 5,672 SF
    • 0.99 lot acres
    OFF-MARKET
    Value Estimation
    $400,000
    Location Intelligence
    Property ID
    US80-1151452
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Arby's / Fast Food Restaurant / American Restaurant
    • AT&T Store / Cell Phone Store / Cell Phone Accessory Store
    • AT&T - Internet Service Provider / Internet Service Provider
    • Sport Clips Haircuts of Murfreesboro / Hair Salon / Barber Shop
    • AT&T Digital Life Home Security / Security System Supplier

    Property Details for 2104 Memorial Blvd

    Year built
    2015
    Construction
    FRAME
    Lot size
    0.99 lot acres
    Property size
    5,672 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    080-035.00-000
    APU
    8003500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $420,000
      6.5%
      $365,000
      7%
      $355,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $370,000
      Geo Method
      $340,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $325,000
      Retail
      $345,000
      Mixed-Use
      $455,000
      Hospitality
      $340,000
      Educational
      $440,000
      Residential Income
      $420,000
      Energy
      $340,000
      Income-Based Land
      $395,000
      Food Service
      $420,000

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3834
    Latitude
    35.8804
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $16,823
    $270,840
    $275,760
    $546,600
    -
    $677,100
    $689,400
    $1,366,500

    Comparable in this City

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      19,440 SF

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      SHOPPING CENTER, STRIP CENTER • 19,440 SF
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    • Value Estimation by Request
      11,399 SF

      2839 Medical Ctr Pkwy Ste A

      SHOPPING CENTER, STRIP CENTER • 11,399 SF
      2839 Medical Ctr Pkwy Ste A, Murfreesboro, TN 37129-2587
      View Details
    • Value Estimation by Request
      11,439 SF

      2855 Medical Ctr Pkwy

      SHOPPING CENTER, STRIP CENTER • 11,439 SF
      2855 Medical Ctr Pkwy, Murfreesboro, TN 37129-2716
      View Details
    • Value Estimation
      $6,035,000
      8,570 SF

      2105 Memorial Blvd

      SHOPPING CENTER, STRIP CENTER • 8,570 SF
      2105 Memorial Blvd, Murfreesboro, TN 37129-5442
      View Details
    • Value Estimation by Request
      80,492 SF

      1224 Broad St

      SHOPPING CENTER, STRIP CENTER • 80,492 SF
      1224 Broad St, Murfreesboro, TN 37129-1713
      View Details
    • Value Estimation by Request
      20,697 SF

      711 Thompson Ln Ste A

      SHOPPING CENTER, STRIP CENTER • 20,697 SF
      711 Thompson Ln Ste A, Murfreesboro, TN 37129-4360
      View Details

    Similar Nearby for Sale

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      Restaurant in Growing Downtown Area

      NN+ leased Japanese restaurant in a rapidly growing city.
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      Fully leased multi-tenant automotive repair shops for sale.
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      Retail Building on Memorial Blvd

      Freestanding retail building in high-traffic Murfreesboro location.
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      1.57 Acres

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      Murfreesboro, TN: Prime Mixed-Use Lots
      Office Corridor Gateway Blvd, Murfreesboro, TN 37129
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      High-traffic retail property with showroom, offices, and warehouse space.
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    Similar Nearby for Lease

    • $28 SF/Yr
      2,000 SF

      Retail Space in Memorial Shops

      Retail space for lease in Murfreesboro, Tennessee.
      2445 Memorial Blvd, Murfreesboro, TN 37129
      View Details
    • Contact for pricing
      2,150 SF

      Retail Space in Class A Center

      Class A shopping center with high retail sales volume.
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      View Details
    • Contact for pricing
      1,740 SF

      Regional Shopping Center Retail Space

      Retail space available in Murfreesboro's dominant open-air shopping center.
      2615 Medical Center Pkwy, Murfreesboro, TN 37129
      View Details
    • Contact for pricing

      Retail Space Near VA Hospital

      Retail space in growing Murfreesboro, near Nashville and major employers.
      3411-3419 Memorial Blvd, Murfreesboro, TN 37129
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      2,691 SF

      Retail Space in Kroger-Anchored Center

      Retail space available in Murfreesboro, near university and hospital.
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    • Contact for pricing
      607,886 SF

      Stones River Town Centre Retail Space

      Prime Murfreesboro retail & office space available.
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    Property Visit Statistics

    • Visits by month
      2.7k
    • Visitors by month
      2.7k
    • Avg Time on site
      28 min
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    2104 Memorial Blvd
    Murfreesboro, TN 37129-5111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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