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Property profile & analytics
OFF-MARKET
Estimated value
$1,250,000
Office buildings
309-311 Main St Murfreesboro, TN 37130
Individually Owned
Free & Clear
Property ID
US80-1057171
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1973
Total area
8,400 SF
Lot
0.25 ac (10,846 SF)
APN
091N-C-004.00-000
UPID
US80-1057171
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.25M
Owner & transaction history
Casey And Beth Brown Community Prop
Casey And Beth Brown Community Prop
since 2026
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+59.8%
Medical building
$1.6M
+23.5%
Neighborhood: shopping center
$1.4M
+12.2%
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
$1,250,000
ML approach
$1,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,265,000
Current use
AUTO REPAIR, GARAGE
$2,025,000
Change: +60% · Conversion: Difficult
MEDICAL BUILDING
$1,565,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,420,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$1,120,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$1.25M
Range $1.13M – $1.38M · ±10% · vs last sale $1.25M (Nov 7 2024)
Last sale anchor
$1.25M
Nov 7 2024
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
$149 / 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
$9,377
Tax year 2023
Assessed value
$331,480
Assessed 2024
Previous assessed
$331,480
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$63,280
Assessed improvement
$268,200
Land market value
$158,200
Improvement market value
$670,500
Total market value
$828,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1973
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
1
Units
1
Bathrooms
2
Total area
8,400 SF
Lot
0.25 ac (10,846 SF)
APN
091N-C-004.00-000
UPID
US80-1057171
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
OFFICE BUILDING Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.0M
MEDICAL BUILDING
Est. value
$1.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1973
Heating
PACKAGE
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.25 ac
Current owner
From public records · entity-resolved
Casey And Beth Brown Community Prop
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 731356, SAN JOSE, CA 95173-1356
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2026
—
Casey And Beth Brown Community Prop
Casey P Brown
Deed
related
—
Jan 20, 2026
—
Casey Brown
—
Deed
related
$1,700,000 · Pinnacle Bank
Nov 7, 2024
$1,250,000
Casey P Brown
Vidura Holdings LLC
Warranty Deed
$1,000,000 · Pinnacle Bank
Aug 22, 2023
—
Vidura Holdings LLC
Chris Perhealth
Lease
—
Jan 25, 2019
$675,000
Vidura Holdings LLC
Middle Tennessee Investments
Warranty Deed
related
$54,000 · Wilson Bk&tr
Oct 6, 1994
$150,000
John T Wilson
Unknown,
Grant Deed
—
Sep 30, 1994
$150,000
John T Wilson
Unknown,
Grant Deed
$145,000 · Curtis Hutson
—
—
Middle Tennessee Invs LLC
—
Deed Of Trust
related
$1,556,250 · First Tn Bkng NA
—
—
Middle Tennessee Invs LLC
—
Deed Of Trust
related
$193,750 · First Tennessee Bank National
—
—
Middle Tennessee Investments
—
Loan Modification
related
$1,556,250 · First Tn Bk
—
—
Middle Tennessee Invs LLC
—
Deed Of Trust
related
$150,000 · W K Coleman
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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