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Property profile & analytics
OFF-MARKET
Estimated value
$5,815,000
Warehouses
220 Osborne Ln Murfreesboro, TN 37130-9586
Individually Owned
Property ID
US80-2427507
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2020
Construction
FRAME
Total area
41,795 SF
Lot
5.84 ac (254,390 SF)
APN
069-039.12-000
UPID
US80-2427507
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
-
Osborne Lane Self-Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.28M
Comparable Approach
Comparable
$5.79M
Blend (final)
Blend
$5.82M
Owner & transaction history
Elevate Self Storage Murfreesboro L
Elevate Self Storage Murfreesboro L
since 2025
Last sale
$6.1M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.8M
+70.6%
Neighborhood: shopping center
$7.1M
+55.0%
Office building
$6.3M
+38.2%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$5,715,000
6.5%
$5,275,000
7%
$4,900,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,565,000
Current use
MEDICAL BUILDING
$7,780,000
Change: +71% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,070,000
Change: +55% · Conversion: Moderate
OFFICE BUILDING
$6,305,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$5,575,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$5.82M
Range $5.23M – $6.40M · ±10% · vs last sale $6.10M (Dec 9 2025)
Last sale anchor
$6.10M
Dec 9 2025
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
$139 / 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
$35,100
Tax year 2023
Assessed value
$1,240,800
Assessed 2024
Previous assessed
$1,240,800
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$390,520
Assessed improvement
$850,280
Land market value
$976,300
Improvement market value
$2,125,700
Total market value
$3,102,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2020
Construction
FRAME
Heating
ZONE
Cooling
AC.PACKAGE
Buildings
4
Units
73
Total area
41,795 SF
Lot
5.84 ac (254,390 SF)
APN
069-039.12-000
UPID
US80-2427507
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
WAREHOUSE, STORAGE Current
Est. value
$4.6M
MEDICAL BUILDING
Est. value
$7.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.1M
OFFICE BUILDING
Est. value
$6.3M
RETAIL STORES
Est. value
$5.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
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
Construction
FRAME
Heating
ZONE
Cooling
Yes
Buildings
4
Units
73
Lot
5.84 ac
Current owner
From public records · entity-resolved
Elevate Self Storage Murfreesboro L
Individual
Mailing address
220 OSBORNE LN, MURFREESBORO, TN 37130-9586
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
$6,100,000
Elevate Self Storage Murfreesboro L
Prentice E Alsup JR
Warranty Deed
$4,880,000 · Bank Of Madison
Jul 2, 2018
—
Osborne Lane Self Storagegp
—
Deed
related
$2,299,671 · First Nat'l Bk/middle Tn
Feb 17, 2004
$160,000
Prentice E Alsup JR.
—
Grant Deed
related
—
Dec 8, 2003
—
Betty A Alsup
Alsup,prentice E
Quit Claim Deed
related
—
Jan 26, 1995
—
Prentice E Alsup
—
Deed Of Trust
related
—
—
—
Osborne Lane Self Storagegp
—
Deed Of Trust
related
$2,299,671 · First Nat'l Bk/middle Tn
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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