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    Property profile & analytics

    2407 New Salem Hwy Murfreesboro, TN 37128-5249

    • Drive through restaurants
    • 2,946 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    $505,000
    Location Intelligence
    Property ID
    US80-1523295
    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

    • Burger King / Restaurant / Fast Food Restaurant
    • AMVETS Drop Box Only / Donations Center

    Property Details for 2407 New Salem Hwy

    Year built
    2015
    Lot size
    0.78 lot acres
    Property size
    2,946 SF
    Property type
    Drive through restaurants
    APN
    114-017.04-000
    APU
    11401704000

    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
    -86.4454
    Latitude
    35.813
    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
    $13,648
    $237,680
    $244,800
    $482,480
    -
    $594,200
    $612,000
    $1,206,200

    Comparable in this City

    • Value Estimation
      $490,000
      2,869 SF

      510 Cason Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,869 SF
      510 Cason Ln, Murfreesboro, TN 37128-8418
      View Details
    • Value Estimation
      $225,000
      1,752 SF

      2427 Old Ft Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,752 SF
      2427 Old Ft Pkwy, Murfreesboro, TN 37128-4162
      View Details
    • Value Estimation
      $1,795,000
      1,798 SF

      1639 New Salem Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,798 SF
      1639 New Salem Hwy, Murfreesboro, TN 37128-5288
      View Details
    • Value Estimation
      $265,000
      1,705 SF

      215 Cason Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,705 SF
      215 Cason Ln, Murfreesboro, TN 37128-4839
      View Details
    • Value Estimation
      $275,000
      5,312 SF

      1515 Warrior Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,312 SF
      1515 Warrior Dr, Murfreesboro, TN 37128-0913
      View Details
    • Value Estimation by Request
      4,050 SF

      5205 Veterans Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,050 SF
      5205 Veterans Pkwy, Murfreesboro, TN 37128-4377
      View Details

    Similar Nearby for Sale

    • $5,950,000
      13,996 SF

      Murfreesboro Retail Center - $5.95M

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

      Walgreens NNN Investment, Murfreesboro, TN

      High-yield, long-term Walgreens investment.
      2708 New Salem Hwy, Murfreesboro, TN 37128
      View Details
    • $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
    • $2,499,000
      1.87 Acres

      Prime Murfreesboro Commercial Land

      1.87 Acres, High Visibility, Near Costco
      0 Beasie 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
    • Contact for pricing
      1,502 SF

      Retail Space Near Interstate 24

      Retail space with ample parking in a high-traffic area.
      517 Cason Ln, 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
    • $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

    Property Visit Statistics

    • Visits by month
      13.6k
    • Visitors by month
      8.0k
    • Avg Time on site
      8 min
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    2407 New Salem Hwy
    Murfreesboro, TN 37128-5249
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    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
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