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Property profile & analytics
OFF-MARKET
Estimated value
$4,745,000
Day care centers
2391 New Salem Hwy Murfreesboro, TN 37128-5247
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-2759888
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2018
Construction
FRAME
Total area
10,456 SF
Lot
1.45 ac (63,162 SF)
APN
114-015.07-000
UPID
US80-2759888
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
-
Cadence Academy Preschool Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.75M
Owner & transaction history
7140 2391 LLC · 5 yrs held
7140 2391 LLC
since 2020
Last sale
$4.2M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,165,000
ML approach
$5,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.75M
Range $4.27M – $5.22M · ±10% · vs last sale $4.18M (Dec 17 2020)
Last sale anchor
$4.18M
Dec 17 2020
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
$454 / 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
$21,536
Tax year 2023
Assessed value
$1,147,840
Assessed 2024
Previous assessed
$1,147,840
+0.0% YoY
Effective rate
1.88%
On assessed value
Assessed land
$315,760
Assessed improvement
$832,080
Land market value
$789,400
Improvement market value
$2,080,200
Total market value
$2,869,600
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2018
Construction
FRAME
Heating
ZONE
Cooling
YES
Units
1
Total area
10,456 SF
Lot
1.45 ac (63,162 SF)
APN
114-015.07-000
UPID
US80-2759888
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
Building & site characteristics
From public records
Year built
2018
Construction
FRAME
Heating
ZONE
Cooling
Yes
Units
1
Lot
1.45 ac
Current owner
From public records · entity-resolved
7140 2391 LLC
Entity
Mailing address
3343 PERIMETER HL DR #105, NASHVILLE, TN 37211-4169
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 17, 2020
$4,175,000
7140 2391 LLC
Highway 99 LLC
Special Warranty Deed
$6,262,500 · Insbank
Aug 15, 2017
—
7235 Haley Industrial Dr LLC
—
Deed
related
$2,999,916 · Franklin Synergy Bk
Jun 20, 2017
—
Highway 99 LLC
—
Trustees Deed
related
$3,209,965 · Franklin Synergy Bk
Dec 15, 2015
$595,000
Highway 99 LLC
Togrye,anthony
Grant Deed
$595,000 · Bancorpsouth
—
—
7235 Haley Industrial Dr LLC
—
Loan Modification
related
$2,999,916 · Franklin Synergy Bk
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.
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