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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Office buildings
2656 Rideout Ln Murfreesboro, TN 37128-7607
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US80-3421368
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
FRAME
Total area
4,802 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CH
APN
092N-A-011.00-000
UPID
US80-3421368
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
-
Highlands Professional Group Consultant
-
Dr. Donita Keown Pediatrician Physician
-
Jerry Campbell Physician Medical Clinic
-
Ivett Lillard Counselor Psychologist
-
Blankenship CPA Group, Pllc Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.08M
CAP Approach
CAP
$1.05M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.08M
Owner & transaction history
Bcpag Southeast Holdings LLC · 5 yrs held
Bcpag Southeast Holdings LLC
since 2021
Last sale
$1.1M
6 recorded transactions
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.5M
+87.4%
Auto repair, garage
$1.2M
+49.2%
Medical building
$895,000
+15.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Murfreesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murfreesboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,080,000
ML approach
$1,080,000
CAP Approach
CAP Return
Estimation
6%
$1,130,000
6.5%
$1,045,000
7%
$970,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$775,000
Current use
COMMERCIAL (GENERAL)
$1,455,000
Change: +87% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,155,000
Change: +49% · Conversion: Difficult
MEDICAL BUILDING
$895,000
Change: +15% · Conversion: Easy
RETAIL STORES
$870,000
Change: +12% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $1.10M (Jan 8 2021)
Last sale anchor
$1.10M
Jan 8 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$225 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,347
Tax year 2023
Assessed value
$436,480
Assessed 2024
Previous assessed
$436,480
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$256,680
Assessed improvement
$179,800
Land market value
$641,700
Improvement market value
$449,500
Total market value
$1,091,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
3
Bathrooms
4
Total area
4,802 SF
Lot
0.98 ac (42,689 SF)
Zoning code
CH
APN
092N-A-011.00-000
UPID
US80-3421368
Jurisdiction
RUTHERFORD
Zoning & alternative use
CH · Murfreesboro, TN
Zoning CH · permitted uses
CH · Murfreesboro, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murfreesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$775,000
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$895,000
RETAIL STORES
Est. value
$870,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$815,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
3
Bathrooms
4
Lot
0.98 ac
Current owner
From public records · entity-resolved
Bcpag Southeast Holdings LLC
Entity
Mailing address
215 WARD CIR, BRENTWOOD, TN 37027-2304
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2021
—
Bcpag Southeast Holdings LLC
—
Deed
related
$935,000 · First Citizens Bank & Trust Co
Jan 8, 2021
$1,100,000
Bcpag Southeast Holdings LLC
Cason Investment Group LLC
Warranty Deed
$500,000 · Cason Investment Group LLC
Aug 26, 2020
—
Cason Investment Group LLC
—
Deed
related
$468,179 · Pinnacle Bank
Oct 20, 2006
$800,000
Cason Investment Group LLC
Murfreesboro Practice Mgmt Gro
Grant Deed
$640,000 · Rutherford Bank & Trust
Mar 26, 2001
—
Murfreesboro,practice M
Westchester Inv
Grant Deed
related
—
—
—
Cason Invts Grp LLC
—
Deed Of Trust
related
$468,179 · Pinnacle Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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