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Property profile & analytics
OFF-MARKET Estimated value $2,850,000
Strip malls

225 Rutherford Blvd Murfreesboro, TN 37130-8404

13,140 SF 2.27 ac lot Built 2001
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US80-0071164
Property summary
AI-generated overview

University Square, located at 225 N Rutherford Blvd, Murfreesboro, TN 37130, offers exceptional retail and restaurant opportunities. This single-story building, situated near Alums Dr, features multiple available spaces ranging from 800 to 2,137.5 square feet. One unit, a 2,137.5 sq ft end unit, is particularly well-suited for office or retail use and is already built out for a small grocery store, making it ideal for a quick start. The property boasts ample parking for customers and employees. Leases are triple-net and require a minimum three-year term. Rent is negotiable, depending on the lease length. Furthermore, the build-out costs are also negotiable, offering flexibility for potential tenants. This prime location in Murfreesboro presents a fantastic chance to establish or expand a business in a thriving community. The property is easily accessible and benefits from high visibility. Interested parties should inquire about available space and lease terms.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2001
Total area 13,140 SF
Lot 2.27 ac (98,881 SF)
Zoning code PCD
APN 103C-A-010.00-000
UPID US80-0071164
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
  • Kitchen Way Gyro Deli Restaurant
  • Good Deal Everything, Vape - THC - Glass - Smoke - Murfreesboro (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • SHIFTy's Liquor & Beer (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • 615 International market Grocery & Convenience Store Food Market
  • St John Market llc Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.70M
CAP Approach CAP
$2.71M
Comparable Approach Comparable
$2.90M
Blend (final) Blend
$2.85M
Owner & transaction history
Alnor Properties LLC · 1 yrs held
Alnor Properties LLC
since 2025
Last sale
$3.0M
7 recorded transactions
2025
Price N/A
2023
$3.0M
2016
Price N/A
2016
$2.5M
2007
$2.5M
2006
Price N/A
1999
Price N/A
Zoning & alternative use
PCD · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(2) PCD, Planned Commercial District . Any planned development for a land use, uses, or combination of uses permitted by right or by special permit in the CL, CF, CH, OG, CM-R, CM, and CBD districts as indicated in the COMMERCIAL section of Chart 1 of this article shall be classified as and shown on the official zoning map as a PCD, Planned Commercial Distri…

Zone name Planned Commercial District
General category COMMERCIAL
Zone area 449.68 ac
Top alternative use upside
Commercial (general) $3.5M +55.8%
Auto repair, garage $3.2M +42.4%
Medical building $2.4M +10.0%
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