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Property profile & analytics
OFF-MARKET Estimated value $2,700,000
Drug stores

2485 Memorial Blvd Murfreesboro, TN 37129-5110

14,375 SF 1.87 ac lot Built 2004
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US80-2506391
Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2004
Total area 14,375 SF
Lot 1.87 ac (81,457 SF)
Zoning code CH
APN 069-073.02-000
UPID US80-2506391
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
  • higi Physician
  • Timothy D. Roche Jr, PharmD Pharmacy
  • Alison L. Lawson, PharmD Pharmacy
  • Lawrence A. Audley, Registered Pharmacy
  • Dollar Tree Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.70M
CAP Approach CAP
$2.57M
Comparable Approach Comparable
$2.06M
Blend (final) Blend
$2.70M
Owner & transaction history
Gts Columbia Owner LLC
Gts Columbia Owner LLC
since 2026
Last sale
$2.7M
5 recorded transactions
2026
$4.0M
2024
Price N/A
2024
$2.7M
2020
Price N/A
2007
Price N/A
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH, HIGHWAY COMMERCIAL DISTRICT. This district is intended to permit the development and continued maintenance of general commercial uses located in a linear fashion along highways and near transportation facilities and industrial areas. The uses permitted in this district, the special uses that may be allowed in this district and the uses for which site pla…

Zone name Highway Commercial District
General category INDUSTRIAL
Zone area 3,999.90 ac
Top alternative use upside
Commercial (general) $4.4M +47.5%
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