Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$7,395,000
Retail space
2886 Church St 2898 Murfreesboro, TN 37127-6374
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1264375
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
30,796 SF
Lot
3.59 ac (156,380 SF)
APN
125-005.01-000
UPID
US80-1264375
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
-
AutoZone Auto Parts Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.37M
CAP Approach
CAP
$5.51M
Comparable Approach
Comparable
$5.15M
Blend (final)
Blend
$7.40M
Owner & transaction history
John J Yoon · 2 yrs held
John J Yoon
since 2023
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.3M
+67.0%
Auto repair, garage
$7.4M
+32.9%
Medical building
$5.7M
+2.7%
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
$7,000,000
ML approach
$7,370,000
CAP Approach
CAP Return
Estimation
6%
$5,970,000
6.5%
$5,510,000
7%
$5,115,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,585,000
Current use
COMMERCIAL (GENERAL)
$9,325,000
Change: +67% · Conversion: Easy
AUTO REPAIR, GARAGE
$7,420,000
Change: +33% · Conversion: Difficult
MEDICAL BUILDING
$5,735,000
Change: +3% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,210,000
Change: -7% · Conversion: Moderate
OFFICE BUILDING
$4,975,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$7.40M
Range $6.66M – $8.13M · ±10% · vs last sale $7.60M (Oct 3 2023)
Last sale anchor
$7.60M
Oct 3 2023
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
$240 / 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
$4,645
Tax year 2023
Assessed value
$1,784,920
Assessed 2024
Previous assessed
$1,786,760
-0.1% YoY
Effective rate
0.26%
On assessed value
Assessed land
$583,760
Assessed improvement
$1,201,160
Land market value
$1,459,400
Improvement market value
$3,002,900
Total market value
$4,462,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Heating
ZONE
Cooling
YES
Buildings
3
Stories
1
Units
1
Rooms
9
Bathrooms
4
Total area
30,796 SF
Lot
3.59 ac (156,380 SF)
APN
125-005.01-000
UPID
US80-1264375
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$9.3M
AUTO REPAIR, GARAGE
Est. value
$7.4M
MEDICAL BUILDING
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.2M
OFFICE BUILDING
Est. value
$5.0M
RETAIL STORES Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
2007
Heating
ZONE
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
9
Bathrooms
4
Lot
3.59 ac
Current owner
From public records · entity-resolved
John J Yoon
Individual
Mailing address
382 YOON LN, MANCHESTER, TN 37355-3392
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 3, 2023
$7,600,000
John J Yoon
Innsbrooke Murfreesboro LLC
Special Warranty Deed
—
Dec 30, 2019
$3,169,500
Innsbrooke Murfreesboro LLC
B Properties
Grant Deed
$3,332,921 · Franklin Synergy Bk
Nov 17, 2016
—
B & E Properties
—
Deed
related
$6,635,048 · Simmons Bk
Jul 24, 2008
$5,910,000
B Properties
Noxxlen Associates LLC
Grant Deed
$4,728,000 · Regions Bank
Aug 15, 2006
$1,310,000
Noxxlen Associates LLC
Concord Baptist Association
Grant Deed
—
—
—
B & E Properties
—
Deed Of Trust
related
$8,600,000 · First St Bk Nebraska
—
—
B & E Properties
—
Loan Modification
related
$6,635,048 · Simmons 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2886 Church St, Unit 2898?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
