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Property profile & analytics
OFF-MARKET
Estimated value
$54,815,000
Specialty properties
2840 Church St Murfreesboro, TN 37127-6371
Entity Owned
4-yr Hold
Free & Clear
Property ID
US80-3424185
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1997
Construction
FRAME
Total area
1,945 SF
Lot
16.22 ac (706,543 SF)
Zoning code
RM16
APN
125-005.05-000
UPID
US80-3424185
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
-
Grandea Crescent Park Apartment Complex Apartment Building
-
OffSZN Training Gym & Fitness Center
-
a Hardware & Home Improvement General Contractor
-
Zaybeaux Nightclub Music Venue
-
Abstract Youth Movement Child Welfare Organization Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$54.82M
Owner & transaction history
Yamasa Co Ltd · 4 yrs held
Yamasa Co Ltd
since 2022
Last sale
$53.3M
4 recorded transactions
Zoning & alternative use
RM16 · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$57,940,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$54.82M
Range $49.33M – $60.30M · ±10% · vs last sale $53.25M (Jul 28 2022)
Last sale anchor
$53.25M
Jul 28 2022
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
$28,183 / 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
$307,774
Tax year 2023
Assessed value
$10,880,000
Assessed 2024
Previous assessed
$10,880,000
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$1,145,600
Assessed improvement
$9,734,400
Land market value
$2,864,000
Improvement market value
$24,336,000
Total market value
$27,200,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
21
Stories
1
Bathrooms
42
Total area
1,945 SF
Lot
16.22 ac (706,543 SF)
Zoning code
RM16
APN
125-005.05-000
UPID
US80-3424185
Jurisdiction
RUTHERFORD
Zoning & alternative use
RM16 · Murfreesboro, TNZoning RM16 · permitted uses
RM16 · Murfreesboro, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
21
Bathrooms
42
Lot
16.22 ac
Current owner
From public records · entity-resolved
Yamasa Co Ltd
Entity
Free & Clear · 4 yrs held
Mailing address
182 W HLS RD, NEW CANAAN, CT 06840-3028
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2022
$53,250,000
Yamasa Co Ltd
Waterford Northwoods LLC
Special Warranty Deed
—
Aug 17, 2007
$5,000,000
Waterford Place Apartments LLC
Waterford Place Apartments Ass
Grant Deed
related
—
Sep 1, 2005
$2,550,000
Place Apartments Ass Waterford
Waterford Place Of Innsbrook-murf
Grant Deed
related
$10,815,000 · Deutsche Bank Berkshire Mtg
Jun 26, 2002
$10,150,000
Waterford Place At Innsbro
—
Grant Deed
related
—
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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