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    Property profile & analytics

    2464 New Salem Hwy Murfreesboro, TN 37128-5248

    • Grocery and convenience stores
    • 4,074 SF
    • 1.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US80-1979552
    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

    • Exxon / Gas Station
    • ATM (Tiger Market) / Atm
    • 7-Eleven / Convenience Store

    Property Details for 2464 New Salem Hwy

    Year built
    2005
    Lot size
    1.50 lot acres
    Property size
    4,074 SF
    Zone code
    CF
    Property type
    Grocery and convenience stores
    APN
    114-004.01-000
    APU
    11400401000

    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
    -86.4458
    Latitude
    35.8138
    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
    $31,356
    $790,120
    $318,360
    $1,108,480
    -
    $1,975,300
    $795,900
    $2,771,200

    Comparable in this City

    • Value Estimation by Request
      78,898 SF

      5229 Veterans Pkwy, Unit 5241

      GROCERY, SUPERMARKET • 78,898 SF
      5229 Veterans Pkwy, Murfreesboro, TN 37128-4377
      View Details
    • Value Estimation
      $4,330,000
      4,400 SF

      1785 Hwy 99

      CONVENIENCE STORE • 4,400 SF
      1785 Hwy 99, Murfreesboro, TN 37128-5506
      View Details
    • Value Estimation
      $680,000
      16,280 SF

      1725 Saint Andrews Dr, Unit O-A

      CONVENIENCE STORE • 16,280 SF
      1725 Saint Andrews Dr, Murfreesboro, TN 37128-7593
      View Details
    • Value Estimation by Request
      92,839 SF

      4406 Veterans Pkwy, Unit 4432

      GROCERY, SUPERMARKET • 92,839 SF
      4406 Veterans Pkwy, Murfreesboro, TN 37128-3977
      View Details
    • Value Estimation by Request
      4,074 SF

      1209 Fortress Blvd

      CONVENIENCE STORE • 4,074 SF
      1209 Fortress Blvd, Murfreesboro, TN 37128-5524
      View Details
    • Value Estimation by Request
      4,888 SF

      5265 Veterans Pkwy

      CONVENIENCE STORE • 4,888 SF
      5265 Veterans Pkwy, Murfreesboro, TN 37128-4377
      View Details

    Similar Nearby for Sale

    • $5,410,000
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      Retail Property Near Saint Thomas

      NNN leased retail property with strong traffic and parking.
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      High-yield, long-term Walgreens investment.
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      Murfreesboro Retail Property For Sale

      Retail property in Murfreesboro with favorable lease terms.
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      Retail property with favorable lease terms and recent renovations.
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    Similar Nearby for Lease

    • $25 SF/Yr
      5,600 SF

      Retail Space Near Kroger Available

      Inline retail space and outparcel pad available near Kroger.
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      Retail space with ample parking in a high-traffic area.
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      18,000 SF retail center with high traffic volume.
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    • $25 SF/Yr
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      Retail Space Near Kroger Available

      Inline retail space and outparcel pad available near Kroger.
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    • Contact for pricing
      2,125 SF

      Retail Development in Murfreesboro, TN

      Class A retail development with shop space and outparcels.
      5265 Veterans Pkwy, Murfreesboro, TN 37128
      View Details
    • 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

    Property Visit Statistics

    • Visits by month
      13.4k
    • Visitors by month
      8.1k
    • Avg Time on site
      6 min
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    2464 New Salem Hwy
    Murfreesboro, TN 37128-5248
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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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