236 Robert Rose Dr Murfreesboro, TN 37129
Property Lookup
Property profile & analytics
236 Robert Rose Dr Murfreesboro, TN 37129
- Strip malls
- 5,801 SF
- 1.09 lot acres
Property ID
US80-0930505
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Cannaglee / (Bike/Boat/Book/etc) Store
- Beyond Aquatics / Swimming Pool / Family Recreation Center
Property Details for 236 Robert Rose Dr
- Year built
- 2009
- Construction
- FRAME
- Lot size
- 1.09 lot acres
- Property size
- 5,801 SF
- Zone code
- CH
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 091I-A-016.02-000
- APU
- 091IA01602000
Description
This exceptional mixed-use property, located at 236 Robert Rose Dr in Murfreesboro, Tennessee, presents a compelling investment opportunity. The 5,783 square foot building sits on a 1.09-acre lot and is ideally situated in a high-traffic retail area, ensuring strong visibility and accessibility for businesses. Currently zoned Commercial Highway, the property offers significant potential for diverse uses. The building is currently configured as two separate spaces, each benefiting from the high volume of passing traffic. However, the building's design allows for easy conversion back to its original plan of four individual suites, providing flexibility for future tenants and maximizing rental income. The current tenant operates on a month-to-month lease, offering immediate opportunities for lease renegotiation or occupancy changes to align with your investment strategy. This prime location, combined with the building's adaptable layout and high-traffic exposure, makes this property an attractive investment for both seasoned investors and those seeking a strong foothold in the Murfreesboro commercial market. The asking price is $2,000,000. This represents a significant opportunity to acquire a well-positioned asset with substantial upside potential in a thriving commercial corridor.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,295,000
- 6.5%
- $1,195,000
- 7%
- $1,110,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,486,000
- AI Estimate
- $817,000
Market price range: $579k - $1.83MMarket price range: $195k - $1.28M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,195,000 Current use
- COMMERCIAL (GENERAL)
- $1,770,000 Change: +48% Conversion: Easy
- RETAIL STORES
- $1,200,000 Change: +1% Conversion: Easy
- MEDICAL BUILDING
- $1,080,000 Change: -9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,040,000 Change: -13% Conversion: Difficult
- OFFICE BUILDING
- $965,000 Change: -19% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Murfreesboro
- County
- Rutherford
- State
- Tennessee
- Longitude
- -86.4239
- Latitude
- 35.8514
- CBSA code
- 34980
- CBSA name
- NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,327
$178,440
$257,360
$435,800
-
$446,100
$643,400
$1,089,500
