Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Hotels
226 Thompson Ln Murfreesboro, TN 37129-4306
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US80-0378553
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2006
Construction
FRAME
Total area
12,995 SF
Lot
1.49 ac (64,904 SF)
Zoning code
PCD
APN
092-027.30-000
UPID
US80-0378553
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
-
Comfort Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.17M
Comparable Approach
Comparable
$1.14M
Blend (final)
Blend
$1.16M
Owner & transaction history
Ptshp Mash · 18 yrs held
Ptshp Mash
since 2007
7 recorded transactions
Zoning & alternative use
PCD · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.8M
+52.9%
Medical building
$1.7M
+47.2%
Neighborhood: shopping center
$1.5M
+28.4%
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%
$1,265,000
6.5%
$1,170,000
7%
$1,085,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,145,000
Current use
OFFICE BUILDING
$1,750,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$1,685,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,470,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$1,170,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,150,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$89 / 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
$2,344,000
Assessed 2024
Previous assessed
$2,344,000
+0.0% YoY
Assessed land
$466,920
Assessed improvement
$1,877,080
Land market value
$1,167,300
Improvement market value
$4,692,700
Total market value
$5,860,000
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
2006
Construction
FRAME
Heating
ZONE
Cooling
YES
Stories
4
Units
82
Rooms
82
Bathrooms
90
Total area
12,995 SF
Lot
1.49 ac (64,904 SF)
Zoning code
PCD
APN
092-027.30-000
UPID
US80-0378553
Jurisdiction
RUTHERFORD
Zoning & alternative use
PCD · Murfreesboro, TN
Zoning PCD · permitted uses
PCD · 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
$1.1M
OFFICE BUILDING
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
HOTEL/MOTEL Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
2006
Construction
FRAME
Heating
ZONE
Cooling
Yes
Stories
4
Units
82
Rooms
82
Bathrooms
90
Lot
1.49 ac
Current owner
From public records · entity-resolved
Ptshp Mash
Individual
Mailing address
226 N THOMPSON LN, MURFREESBORO, TN 37129-4306
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2018
—
Mash Ptshp
—
Deed
related
$4,880,000 · First Nat'l Bk/middle Tn
Oct 23, 2007
—
Ptshp Mash
Patel,manish
Quit Claim Deed
related
$203,248 · Bank Of The South
Aug 19, 2004
—
Manish Patel
Gordhan,atul
Quit Claim Deed
related
—
Aug 11, 2004
$600,000
Atul Gordhan
Mcknight Fam Investments-tenne
Warranty Deed
—
Aug 11, 2004
—
Mcknight Fam Investments-tenne
Mcknight,faye W
Quit Claim Deed
related
—
Jul 30, 2004
—
Record Owner
Owner,record
Quit Claim Deed
related
—
—
—
Mash Ptshp
—
Deed Of Trust
related
$4,880,000 · First Nat'l Bk/middle Tn
—
—
Ptshp Mash
—
Deed Of Trust
related
$249,900 · Pinnacle 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 226 Thompson Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
