Entity Owned Property summary
AI-generated overview
A flex-style commercial building of approximately 5,000+/- sq. ft., configured with roughly 2,500+/- sq. ft. of office space and roughly 2,500+/- sq. ft. of warehouse space. The office area includes five dedicated offices, a conference room, and a kitchen, and both the office and warehouse sections are fully heated and cooled. The warehouse portion has two large 10x12 bay doors. Exterior and site features include a fenced storage area and 16 parking spaces. Electrical service includes single-phase power with a 400 amp service, and three-phase power available at the street. The property is zoned CH and has been used for metal assembly. Access is situated for convenient access to I-24 and I-840, Highway 231, and Downtown Murfreesboro.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
5,000 SF
Lot
0.57 ac (24,960 SF)
Zoning code
L-I
APN
113F-A-013.00-000
UPID
US80-0821137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Building Supply Hardware & Home Improvement
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$860k
CAP Approach
CAP
$720k
Comparable Approach
Comparable
$565k
Blend (final)
Blend
$860k
Owner & transaction history
since 2025
Last sale
$693,000
2 recorded transactions
Zoning & alternative use
L-I · Murfreesboro, TN
Zoning description
L-I (Light Industrial) when such land is developed with a use identified as Industrial in Chart 1 of Appendix A - Zoning. (L) Buffer Zone and Screening Requirements. (1) Buffer Zones Requirements. (a) Buffer zones are in…
General category
INDUSTRIAL
Top alternative use upside
Auto repair, garage
$1.2M
+120.8%
Medical building
$930,000
+70.6%
Retail stores
$905,000
+66.1%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$860k
Value range
$774k – $946k
±10% around blend
Estimated value / SF
$172 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$774k
blend $860k
$946k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,000 SF
Lot area
0.57 ac
Year built
1999
Stories
1
APN
113F-A-013.00-000
Zoning
L-I
Assessed value
$164,120
Annual tax
$4,642
3
Income approach: direct capitalization
Partial preview
Income approach indication
$720k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$780k
@ 6.5% CAP return
$720k
@ 7% CAP return
$670k
4
Sales comparison
Partial preview
Sales approach indication
$565k
Range $241k – $858k
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$860k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 52 sales
$109
+58%
County 98 sales
$125
+37%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $172/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+121%
vs current-use indication
Medical Building
Retail Stores
Neighborhood: Shopping Center
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
5.50%
Implied, in-place cap rate for this other warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.50%
9.0%
NOI (est.)
$49k *
Last sale · Oct 2020
$693k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$882k
Move the market yield to see immediate price impact.
Value / SF
$176
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%5.50%6.00%
$44k
$873k
$794k
$728k
$49k
$970k
$882k
$809k
$53k
$1.07M
$970k
$889k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,642
Tax year 2023
Assessed value
$164,120
Assessed 2024
Previous assessed
$164,120
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$73,960
Assessed improvement
$90,160
Land market value
$184,900
Improvement market value
$225,400
Total market value
$410,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Bathrooms
2
Total area
5,000 SF
Lot
0.57 ac (24,960 SF)
Zoning code
L-I
APN
113F-A-013.00-000
UPID
US80-0821137
Jurisdiction
RUTHERFORD
Zoning & alternative use
L-I · Murfreesboro, TNZoning L-I · permitted uses
L-I · Murfreesboro, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
L-I (Light Industrial) when such land is developed with a use identified as Industrial in Chart 1 of Appendix A - Zoning. (L) Buffer Zone and Screening Requirements. (1) Buffer Zones Requirements. (a) Buffer zones are in…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
PACKAGE
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
L-I
INDUSTRIAL
Jurisdiction
Murfreesboro, TN
Recorded code
L-I
Official district
L-I
Official district profile
What the municipal code says about L-I
Zoning description
L-I (Light Industrial) when such land is developed with a use identified as Industrial in Chart 1 of Appendix A - Zoning. (L) Buffer Zone and Screening Requirements. (1) Buffer Zones Requirements. (a) Buffer zones are in…
General category
INDUSTRIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for L-I in Murfreesboro, TN.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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