Technical
Financial
Distress signals
Property profile

310 W Castle St Murfreesboro, TN 37129

FOR SALE
Automotive properties
Property ID
US80-1019859
6,000 SF 0.39 ac lot Built 1970
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6,041-square-foot warehouse, located at 310 W Castle St in Murfreesboro, Tennessee, presents a unique opportunity for industrial businesses. Situated on a generous 3.7-acre lot in Rutherford County (zip code 37129), this single-tenant property boasts a recently completed 2024 renovation. The renovation included new siding, updated office space, and new gates, enhancing both functionality and aesthetics. The warehouse features a single story with impressive 17-foot ceiling heights, providing ample vertical space for storage or operations. A significant advantage is the inclusion of one drive-in door, facilitating efficient loading and unloading. The property is equipped with three-phase power, catering to the demands of industrial machinery and equipment. Zoned HI (Heavy Industrial), this property is perfectly suited for a variety of industrial uses. This is a turnkey solution for businesses seeking a modern, well-maintained warehouse in a prime Murfreesboro location. The property's size, features, and location combine to offer an exceptional value proposition for discerning industrial tenants.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1970
Total area 6,000 SF
Lot 0.39 ac (16,988 SF)
APN 091N-E-010.04-000
UPID US80-1019859

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Auto Repair Shop

Location

310 W Castle St Murfreesboro, TN 37129
Murfreesboro metro Census 41800 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$185k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2023
Last sale
$208,000
2 recorded transactions
2023
$208,000
2012
$821,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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