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Property profile & analytics
OFF-MARKET
Manufacturing properties
212 Dill Ln Murfreesboro, TN 37130
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US80-1610656
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2011
Total area
4,800 SF
Lot
0.89 ac (38,812 SF)
Zoning code
RS-15
APN
103B-B-007.03-000
UPID
US80-1610656
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Terry Surton Steagall · 4 yrs held
Terry Surton Steagall
since 2022
Last sale
$60,000
5 recorded transactions
Zoning & alternative use
RS-15 · Murfreesboro, TN
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$3,956
Tax year 2023
Assessed value
$139,840
Assessed 2024
Previous assessed
$139,840
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$62,360
Assessed improvement
$77,480
Land market value
$155,900
Improvement market value
$193,700
Total market value
$349,600
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
2011
Heating
NONE
Stories
1
Total area
4,800 SF
Lot
0.89 ac (38,812 SF)
Zoning code
RS-15
APN
103B-B-007.03-000
UPID
US80-1610656
Jurisdiction
RUTHERFORD
Zoning & alternative use
RS-15 · Murfreesboro, TN
Zoning RS-15 · permitted uses
RS-15 · Murfreesboro, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murfreesboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Heating
NONE
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Terry Surton Steagall
Individual
Mailing address
614 DILL LN, MURFREESBORO, TN 37130-5811
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
—
Terry Surton Steagall
Terry S Steagall
Intrafamily Transfer
related
—
Apr 5, 2017
—
Carol A Steagall
Steagall,terry S
Quit Claim Deed
related
—
Oct 20, 2003
$60,000
Terry S Steagall
Dow,smith C
Grant Deed
—
Jul 21, 2000
$96,270
Smith Dow Contracting Co I
Lynch,charles L
Grant Deed
—
—
—
Terry S Steagall
—
Deed Of Trust
related
$30,000 · First National Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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