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Property profile & analytics
OFF-MARKET Estimated value $2,615,000
Strip malls

2850 Church St 2870 Murfreesboro, TN 37127-6374

15,540 SF 2.08 ac lot Built 2004
Individually Owned 24-yr Hold Free & Clear
Property ID
US80-1979165
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Total area 15,540 SF
Lot 2.08 ac (90,605 SF)
Zoning code CH
APN 125-005.12-000
UPID US80-1979165
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
  • Indian Hills Dentistry Dental Office
  • Dr. Megan Klope Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.20M
Comparable Approach Comparable
$2.84M
Blend (final) Blend
$2.62M
Owner & transaction history
Crye,harold E Tr · 24 yrs held
Crye,harold E Tr
since 2002
6 recorded transactions
2014
Price N/A
2002
$258,750
2002
$381,250
1969
Price N/A
1969
Price N/A
1969
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
Auto repair, garage $3.7M +42.4%
Medical building $2.9M +10.0%
Retail stores $2.8M +7.2%
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