Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2395 New Salem Hwy Murfreesboro, TN 37128-5254

    • Strip malls
    • 19,376 SF
    • 1.60 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1466431
    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.

    Current Use by Public Records

    • Three Rivers Family Dentistry - Murfreesboro / Dental Radiology / Emergency Dental Service
    • Shave Barber Lounge / Barber Shop
    • Farmers Insurance - Scott Stuible / Motorcycle Insurance Agency / Renter'S Insurance Agency
    • Los Barriles / Restaurant
    • Dr. Darren Songstad / Dentist

    Property Details for 2395 New Salem Hwy

    Year built
    2008
    Construction
    FRAME
    Lot size
    1.60 lot acres
    Property size
    19,376 SF
    Zone code
    C-1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    114-017.02-000
    APU
    11401702000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4444
    Latitude
    35.8131
    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
    $0.00
    $452,920
    $889,400
    $1,342,320
    -
    $1,132,300
    $2,223,500
    $3,355,800

    Comparable in this City

    • Value Estimation by Request
      14,750 SF

      3921 Franklin Rd Ste A

      SHOPPING CENTER, STRIP CENTER • 14,750 SF
      3921 Franklin Rd Ste A, Murfreesboro, TN 37128-4172
      View Details
    • Value Estimation by Request
      19,520 SF

      2805 Old Ft Pkwy Ste A

      SHOPPING CENTER, STRIP CENTER • 19,520 SF
      2805 Old Ft Pkwy Ste A, Murfreesboro, TN 37128-5116
      View Details
    • Value Estimation by Request
      18,600 SF

      2476 Old Ft Pkwy, Unit 2486

      SHOPPING CENTER, STRIP CENTER • 18,600 SF
      2476 Old Ft Pkwy, Murfreesboro, TN 37128-4163
      View Details
    • Value Estimation
      $2,725,000
      11,076 SF

      132 Saint Andrews Dr

      SHOPPING CENTER, STRIP CENTER • 11,076 SF
      132 Saint Andrews Dr, Murfreesboro, TN 37128-3528
      View Details
    • Value Estimation
      $730,000
      11,501 SF

      1636 New Salem Hwy Ste A

      SHOPPING CENTER, STRIP CENTER • 11,501 SF
      1636 New Salem Hwy Ste A, Murfreesboro, TN 37128-7038
      View Details
    • Value Estimation
      $580,000
      12,000 SF

      2706 Old Ft Pkwy Ste A

      SHOPPING CENTER, STRIP CENTER • 12,000 SF
      2706 Old Ft Pkwy Ste A, Murfreesboro, TN 37128-4253
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Murfreesboro Retail Property For Sale

      Retail property in Murfreesboro with favorable lease terms.
      4504-4510 Veterans Pkwy, Murfreesboro, TN 37128
      View Details
    • $5,376,000
      9,155 SF

      Retail Property on Veterans Parkway

      Retail property with favorable lease terms and recent renovations.
      4510 Veterans Pkwy, Murfreesboro, TN 37128
      View Details
    • $5,950,000
      13,996 SF

      Murfreesboro Retail Center - $5.95M

      13,996 SF Retail Building, 100% Leased
      1433 Warrior Dr, Murfreesboro, TN 37128
      View Details
    • $5,410,000
      14,820 SF

      Retail Property Near Saint Thomas

      NNN leased retail property with strong traffic and parking.
      2708 New Salem Hwy, Murfreesboro, TN 37128
      View Details
    • $5,410,000
      14,820 SF

      Walgreens NNN Investment, Murfreesboro, TN

      High-yield, long-term Walgreens investment.
      2708 New Salem Hwy, Murfreesboro, TN 37128
      View Details
    • $900,000

      Prime Murfreesboro Commercial Land

      One-acre lot, high visibility, excellent access.
      4058 Franklin Rd, Murfreesboro, TN 37128
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Outparcel Near Kroger

      Located near Kroger and Kohl’s with high traffic counts.
      2535 Old Fort Pkwy, Murfreesboro, TN 37128
      View Details
    • Contact for pricing
      1,500 SF

      Retail Center on Old Fort

      Retail center with high visibility and abundant parking.
      2705 Old Fort Pkwy, Murfreesboro, TN 37128
      View Details
    • $25 SF/Yr
      5,600 SF

      Retail Space Near Kroger Available

      Inline retail space and outparcel pad available near Kroger.
      565 Veterans Pkwy, Murfreesboro, TN 37128
      View Details
    • $25 SF/Yr
      9,100 SF

      Retail Space Near Kroger Available

      Inline retail space and outparcel pad available near Kroger.
      5580 Franklin Rd, Murfreesboro, TN 37128
      View Details
    • $5,000 /Mo
      2,400 SF

      Retail Space Near Kroger Available

      Inline retail space and outparcel pad available Summer 2020.
      4420 Veterans Pkwy, Murfreesboro, TN 37128
      View Details
    • Contact for pricing
      1,751 SF

      Retail Center on Old Fort

      18,000 SF retail center with high traffic volume.
      2812 Old Fort Pkwy, Murfreesboro, TN 37128
      View Details

    Property Visit Statistics

    • Visits by month
      8.9k
    • Visitors by month
      6.9k
    • Avg Time on site
      39 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2395 New Salem Hwy
    Murfreesboro, TN 37128-5254
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.