Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2572 Murfreesboro Pike Nashville, TN 37217-3504

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2572 Murfreesboro Pike Nashville, TN 37217-3504

    View on Map
    • Commercial land
    • 10.83 lot acres
    Off-Market
    Last Sale Dec 29, 2021
    $138,600
    Property ID
    US80-0129748
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • American Backflow Inspectors / Waste Management Facility
    • Jack Williams Construction Co / Construction Company / General Contractor
    • Mohawk Barbershop / Barber Shop
    • We loc'n and chopping / Barber Shop
    • Cricket Wireless Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store

    Property Details for 2572 Murfreesboro Pike

    Lot size
    10.83 lot acres
    Zone code
    MULTI-ZONE
    Property type
    Commercial land
    APN
    150-00-0-360-00
    APU
    15000036000

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.6242
    Latitude
    36.0631
    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
    $12,035
    $369,840
    $0.00
    $369,840
    -
    $924,600
    $0.00
    $924,600

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      317 Plus Park Blvd

      VACANT COMMERCIAL LAND • 0.08 Acres
      317 Plus Park Blvd, Nashville, TN 37217-1005
      View Details
    • Value Estimation by Request
      0.57 Acres

      1901 Old Murfreesboro Pike

      VACANT COMMERCIAL LAND • 0.57 Acres
      1901 Old Murfreesboro Pike, Nashville, TN 37217-3022
      View Details
    • Value Estimation by Request
      0.96 Acres

      Ezell Pike

      VACANT COMMERCIAL LAND • 0.96 Acres
      Ezell Pike, Nashville, TN 37217
      View Details
    • Value Estimation by Request
      3.46 Acres

      Nashboro Blvd

      VACANT COMMERCIAL LAND • 3.46 Acres
      Nashboro Blvd, Nashville, TN 37217
      View Details
    • Value Estimation by Request
      1.48 Acres

      Airpark E Ctr

      VACANT COMMERCIAL LAND • 1.48 Acres
      Airpark E Ctr, Nashville, TN 37217
      View Details
    • Value Estimation by Request
      0.90 Acres

      2450 Couchville Pike

      VACANT COMMERCIAL LAND • 3,000 SF
      2450 Couchville Pike, Nashville, TN 37217-5724
      View Details

    Similar Nearby for Sale

    • $680,000
      12,750 SF

      Commercial Land Near Interstate Access

      Commercial land in a high-traffic area with interstate access.
      1216 Murfreesboro Pike, Nashville, TN 37217
      View Details
    • $499,900
      1.50 Acres

      1.5 AC Development for Retail/Office or Modify for Residential Living buildout

      1.5 AC Development for Retail/Office or Modify for Residential Living buildout
      2616 Martway Drive, Nashville, TN 37217
      View Details
    • $1,300,000
      0.83 Acres

      .83 AC Level Commercial Lot For Sale

      .83 AC Level Commercial Lot For Sale
      1183 Murfreesboro Pike, Nashville, TN 37217
      View Details
    • $399,900
      0.64 Acres

      0.64 Acres Vacant Land For Sale

      0.64 Acres Vacant Land For Sale
      2612 Martway Drive, Nashville, TN 37217
      View Details
    • Contact for pricing

      Pad Ready Site For Sale

      Approximately 1.1 AC pad ready site available for sale.
      2381 Murfreesboro Pike, Nashville, TN 37217
      View Details
    • Contact for pricing

      Corner Lot on Smith Springs

      Two parcels totaling ±0.39 acres at Smith Springs & Bell.
      2651-2655 Smith Springs Rd, Nashville, TN 37217
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Prime Retail Development Ground Lease

      High-traffic Nashville location ideal for retail development.
      1161 Murfreesboro Pike, Nashville, TN 37217
      View Details
    • Contact for pricing

      Renovated Office Building Near Airport

      Five-story office building with modern amenities and convenient location.
      1161 Murfreesboro Pike, Nashville, TN 37217
      View Details
    • Contact for pricing
      3 SF

      Land for Lease Nashville

      Land available for lease in Nashville, Tennessee.
      1723 Old Murfreesboro Pike, Nashville, TN 37217
      View Details
    • Contact for pricing

      Industrial Land Near Airport

      1.74 acre industrial land for lease near BNA Airport.
      343 Wilhagan Rd, Nashville, TN 37217
      View Details
    • Contact for pricing

      New Industrial Warehouses for Lease

      Modern industrial warehouses available for lease in Nashville, TN.
      801 Airpark Commerce Dr, Nashville, TN 37217
      View Details
    • Contact for pricing
      7,984 SF

      Nashville Office Space For Rent

      Office space available for lease in Nashville, Tennessee.
      1645 Murfreesboro Pike, Nashville, TN 37217
      View Details
    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.
    2572 Murfreesboro Pike
    Nashville, TN 37217-3504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2572 Murfreesboro Pike, Nashville, TN, 37217

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!