Property profile

3242 Memorial Blvd Ste A Murfreesboro, TN 37129

OFF-MARKET
Strip malls
Property ID
US80-3024707
18,487 SF 2.87 ac lot Built 2020
Individually Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2020
Total area 18,487 SF
Lot 2.87 ac (125,017 SF)
APN 069D-G-002.00-000
UPID US80-3024707

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
  • Alternative Medicine Practice
  • Grocery & Convenience Store Specialty Food Shop
  • Nail Salon
  • Gym & Fitness Center
  • Charitable Organization

Location

3242 Memorial Blvd Ste A Murfreesboro, TN 37129-3233
Murfreesboro metro Census 41104 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.81M
Comparable Approach Comparable
$3.39M
Blend (final) Blend
$3.41M

Owner & transaction history

since 2018
5 recorded transactions
2020
Price N/A
2018
Price N/A
2018
$458,396
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $5.6M +48.2%
Retail stores $3.8M +0.5%

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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