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    Property profile & analytics

    3325 Memorial Blvd Murfreesboro, TN 37129-0220

    • Strip malls
    • 9,000 SF
    • 0.93 lot acres
    OFF-MARKET
    Value Estimation
    $2,415,000
    Last Sale
    Apr 16, 2021
    $2,450,000
    Location Intelligence
    Property ID
    US80-1699116
    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

    • Jet's Pizza / Delivery Restaurant / Pizza Delivery
    • Kaleidoscope vapor / Vaporizer Store
    • 99c discount tobacco & beer / Vaporizer Store / Tobacco Shop
    • Lifestyle Nutrition / Restaurant
    • H&R Block / Tax Preparation Service / Tax Consultant

    Property Details for 3325 Memorial Blvd

    Year built
    2004
    Construction
    FRAME
    Lot size
    0.93 lot acres
    Property size
    9,000 SF
    Zone code
    CH
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    058M-F-002.00-000
    APU
    058MF00200000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,400,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,335,000
      6.5%
      $2,785,000
      7%
      $2,485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,355,000
      Geo Method
      $2,685,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,650,000
      Retail
      $2,505,000
      Mixed-Use
      $2,460,000
      Hospitality
      $2,040,000
      Educational
      $2,380,000
      Residential Income
      $2,580,000
      Energy
      $2,570,000
      Income-Based Land
      $2,535,000
      Food Service
      $2,125,000

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3843
    Latitude
    35.9073
    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
    $17,547
    $304,520
    $315,800
    $620,320
    -
    $761,300
    $789,500
    $1,550,800

    Comparable in this City

    • Value Estimation by Request
      36,934 SF

      505 Thompson Ln, Unit 541

      SHOPPING CENTER, STRIP CENTER • 36,934 SF
      505 Thompson Ln, Murfreesboro, TN 37129-4313
      View Details
    • Value Estimation
      $2,895,000
      17,505 SF

      155 Mall Cir Dr, Unit 179

      SHOPPING CENTER, STRIP CENTER • 17,505 SF
      155 Mall Cir Dr, Murfreesboro, TN 37129-3392
      View Details
    • Value Estimation by Request
      16,176 SF

      413 Thompson Ln, Unit 433

      SHOPPING CENTER, STRIP CENTER • 16,176 SF
      413 Thompson Ln, Murfreesboro, TN 37129-4311
      View Details
    • Value Estimation
      $6,175,000
      9,514 SF

      2113 Memorial Blvd

      SHOPPING CENTER, STRIP CENTER • 9,514 SF
      2113 Memorial Blvd, Murfreesboro, TN 37129-5106
      View Details
    • Value Estimation by Request
      11,883 SF

      1715 Old Ft Pkwy

      SHOPPING CENTER, STRIP CENTER • 11,883 SF
      1715 Old Ft Pkwy, Murfreesboro, TN 37129-3338
      View Details
    • Value Estimation
      $640,000
      14,700 SF

      802 Medical Ctr Pkwy, Unit 810

      SHOPPING CENTER, STRIP CENTER • 14,700 SF
      802 Medical Ctr Pkwy, Murfreesboro, TN 37129-8518
      View Details

    Similar Nearby for Sale

    • 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
    • $3,195,000
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      Remodeled Retail Property on Broad

      High-traffic retail property with showroom, offices, and warehouse space.
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      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
    • $1,908,000
      1.46 Acres

      Prime Murfreesboro Retail Land

      1.46 Acres, $1.9M, High Visibility
      1406 Conference Center Blvd, Murfreesboro, TN 37129
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    • $1,500,000
      1.65 Acres

      Prime Murfreesboro Commercial Land

      1.65 Acres, High Traffic Area
      3150 Memorial Blvd, Murfreesboro, TN 37129
      View Details

    Similar Nearby for Lease

    • $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
      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
    • 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
    • Contact for pricing

      Retail Space Near VA Hospital

      Retail space in growing Murfreesboro, near Nashville and major employers.
      3411-3419 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
    • $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
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    3325 Memorial Blvd
    Murfreesboro, TN 37129-0220
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    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
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