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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Hotels
2135 Church St Murfreesboro, TN 37130-5522
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US80-0982663
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1999
Construction
FRAME
Total area
10,671 SF
Lot
3.77 ac (164,221 SF)
Zoning code
CH
APN
113C-B-002.00-000
UPID
US80-0982663
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
-
Quality Inn Murfreesboro-University Area Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$655k
CAP Approach
CAP
$960k
Comparable Approach
Comparable
$878k
Blend (final)
Blend
$920k
Owner & transaction history
New Vision Hospitality Group L · 9 yrs held
New Vision Hospitality Group L
since 2017
5 recorded transactions
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.3M
+37.3%
Restaurant
$1.2M
+31.5%
Office building
$1.2M
+31.1%
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
by Request
ML approach
$655,000
CAP Approach
CAP Return
Estimation
6%
$1,040,000
6.5%
$960,000
7%
$890,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$945,000
Current use
MEDICAL BUILDING
$1,295,000
Change: +37% · Conversion: Difficult
RESTAURANT
$1,240,000
Change: +32% · Conversion: Difficult
OFFICE BUILDING
$1,235,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$1,215,000
Change: +29% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$860,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10%
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
$86 / 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
Assessed value
$1,712,000
Assessed 2024
Previous assessed
$1,712,000
+0.0% YoY
Assessed land
$256,560
Assessed improvement
$1,455,440
Land market value
$641,400
Improvement market value
$3,638,600
Total market value
$4,280,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
4
Units
83
Rooms
84
Bathrooms
94
Total area
10,671 SF
Lot
3.77 ac (164,221 SF)
Zoning code
CH
APN
113C-B-002.00-000
UPID
US80-0982663
Jurisdiction
RUTHERFORD
Zoning & alternative use
CH · Murfreesboro, TN
Zoning CH · permitted uses
CH · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$945,000
MEDICAL BUILDING
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$860,000
HOTEL/MOTEL Current
MEDICAL BUILDING
RESTAURANT
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1999
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
4
Units
83
Rooms
84
Bathrooms
94
Lot
3.77 ac
Current owner
From public records · entity-resolved
New Vision Hospitality Group L
Entity
Mailing address
2135 S CHURCH ST, MURFREESBORO, TN 37130-5522
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
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
Oct 5, 2020
—
& & & & Hospitality Group L
—
Deed
related
$1,000,000 · Jewell Hale
May 17, 2017
$4,700,000
New Vision Hospitality Group L
Hospitality Svcs Of Middle Tennes
Warranty Deed
related
$4,000,000 · Ascend FCU
Apr 3, 1990
$142,000
James W Jones
Unknown
Grant Deed
—
—
—
Hospitality Svcs Of Middle Tennes
—
Deed Of Trust
related
$3,000,000 · Wilson Bank & Trust
—
—
& & & & Hospitality Group L
—
Deed Of Trust
related
$1,000,000 · Jewell Hale
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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