Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    2908 Medical Ctr Pkwy Murfreesboro, TN 37129-2281

    • Grocery and convenience stores
    • 4,500 SF
    • 1.30 lot acres
    OFF-MARKET
    Value Estimation
    $2,090,000
    Last Sale
    Sep 28, 2021
    $2,123,920
    Location Intelligence
    Property ID
    US80-1606623
    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.

    Current Use by Public Records

    • Thornton's / Atm / Convenience Store
    • Western Union / Money Transfer Service
    • Coin Cloud Bitcoin ATM / Atm / Kiosk
    • Thorntons / Convenience Store / Atm

    Property Details for 2908 Medical Ctr Pkwy

    Year built
    2012
    Construction
    FRAME
    Lot size
    1.30 lot acres
    Property size
    4,500 SF
    Property type
    Grocery and convenience stores
    APN
    079-095.29-000
    APU
    7909529000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,080,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,110,000
      6.5%
      $2,120,000
      7%
      $2,100,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,200,000
      Geo Method
      $1,945,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,750,000
      Retail
      $2,215,000
      Mixed-Use
      $2,355,000
      Hospitality
      $1,930,000
      Educational
      $2,145,000
      Residential Income
      $2,150,000
      Energy
      $2,190,000
      Income-Based Land
      $2,435,000
      Food Service
      $2,410,000

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4471
    Latitude
    35.8662
    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
    $39,763
    $847,720
    $557,920
    $1,405,640
    -
    $2,119,300
    $1,394,800
    $3,514,100

    Comparable in this City

    • Value Estimation
      $450,000
      2,801 SF

      3392 Memorial Blvd

      CONVENIENCE STORE • 2,801 SF
      3392 Memorial Blvd, Murfreesboro, TN 37129-0208
      View Details
    • Value Estimation
      $1,490,000
      4,224 SF

      2010 Broad St

      CONVENIENCE STORE • 4,224 SF
      2010 Broad St, Murfreesboro, TN 37129-5555
      View Details
    • Value Estimation
      $325,000
      3,095 SF

      6044 Lebanon Rd

      CONVENIENCE STORE • 3,095 SF
      6044 Lebanon Rd, Murfreesboro, TN 37129-7867
      View Details
    • Value Estimation by Request
      6,075 SF

      4205 Manson Pike

      CONVENIENCE STORE • 6,075 SF
      4205 Manson Pike, Murfreesboro, TN 37129-3861
      View Details
    • Value Estimation by Request
      2,770 SF

      1695 Memorial Blvd

      CONVENIENCE STORE • 2,770 SF
      1695 Memorial Blvd, Murfreesboro, TN 37129-2109
      View Details
    • Value Estimation
      $345,000
      2,016 SF

      728-732 Memorial Blvd

      CONVENIENCE STORE • 2,016 SF
      728-732 Memorial Blvd, Murfreesboro, TN 37129
      View Details

    Similar Nearby for Sale

    • $3,195,000
      10,900 SF

      Remodeled Retail Property on Broad

      High-traffic retail property with showroom, offices, and warehouse space.
      2204 NW Broad St, Murfreesboro, TN 37129
      View Details
    • Contact for pricing
      2,562 SF

      Retail Building on Memorial Blvd

      Freestanding retail building in high-traffic Murfreesboro location.
      1103 Memorial Blvd, Murfreesboro, TN 37129
      View Details
    • $1,908,000
      1.46 Acres

      Prime Murfreesboro Retail Land

      1.46 Acres, $1.9M, High Visibility
      1406 Conference Center Blvd, Murfreesboro, TN 37129
      View Details
    • $2,085,000

      Restaurant in Growing Downtown Area

      NN+ leased Japanese restaurant in a rapidly growing city.
      521 NW Broad St, Murfreesboro, TN 37129
      View Details
    • $2,500,000
      8,640 SF

      Leased Automotive Repair Shops Investment

      Fully leased multi-tenant automotive repair shops for sale.
      1414-1418 NW Broad St, Murfreesboro, TN 37129
      View Details
    • Contact for pricing
      1.57 Acres

      Gateway Corridor Commercial Land

      Murfreesboro, TN: Prime Mixed-Use Lots
      Office Corridor Gateway Blvd, Murfreesboro, TN 37129
      View Details

    Similar Nearby for Lease

    • $40 SF/Yr
      1,790 SF

      Retail Space in High-Traffic Area

      Retail space anchored by Starbucks with high visibility and accessibility.
      1641 Memorial Blvd, Murfreesboro, TN 37129
      View Details
    • Contact for pricing
      2,691 SF

      Retail Space in Kroger-Anchored Center

      Retail space available in Murfreesboro, near university and hospital.
      1720-1798 W Northfield Blvd, Murfreesboro, TN 37129
      View Details
    • $28 SF/Yr
      2,000 SF

      Retail Space in Memorial Shops

      Retail space for lease in Murfreesboro, Tennessee.
      2445 Memorial Blvd, Murfreesboro, TN 37129
      View Details
    • Contact for pricing
      1,740 SF

      Regional Shopping Center Retail Space

      Retail space available in Murfreesboro's dominant open-air shopping center.
      2615 Medical Center Pkwy, Murfreesboro, TN 37129
      View Details
    • $25 SF/Yr
      8,000 SF

      Turn-Key Restaurant Space Available

      Second-generation restaurant space with existing infrastructure on NW Broad Street.
      730 Northwest Broad St, Murfreesboro, TN 37129
      View Details
    • Contact for pricing
      2,150 SF

      Retail Space in Class A Center

      Class A shopping center with high retail sales volume.
      1851 Old Fort Pkwy, Murfreesboro, TN 37129
      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.
    2908 Medical Ctr Pkwy
    Murfreesboro, TN 37129-2281
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.