Property profile

3243 Memorial Blvd Murfreesboro, TN 37129

OFF-MARKET
Drive through restaurants
Property ID
US80-0966914
2,131 SF 1.2 ac lot Built 2023
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2023
Construction FRAME
Total area 2,131 SF
Lot 1.2 ac (52,272 SF)
Zoning code RS-15
APN 069-022.01-000
UPID US80-0966914

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
  • Restaurant
  • Restaurant Take-out & Catering

Location

3243 Memorial Blvd Murfreesboro, TN 37129-5227
Murfreesboro metro Census 41301 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$1.65M

Owner & transaction history

since 2023
Last sale
$1.8M
5 recorded transactions
2023
$1.8M
2021
$1.1M
2019
$4.7M
2018
$3.1M
1998
Price N/A

Zoning & alternative use

RS-15 · Murfreesboro, TN
Zoning description

hereby classified in the RS-15 Single-Family Residential District. (C) District boundaries. In the event that any uncertainty exists with respect to the intended boundaries of the various districts as shown on the zoning…

General category RESIDENTIAL

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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