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Property profile & analytics
OFF-MARKET Estimated value $2,395,000
Strip malls

3325 Memorial Blvd Murfreesboro, TN 37129-0220

9,000 SF 0.93 ac lot Built 2004
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US80-1699116
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2004
Construction FRAME
Total area 9,000 SF
Lot 0.93 ac (40,511 SF)
Zoning code CH
APN 058M-F-002.00-000
UPID US80-1699116
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
Current use
Occupant on record · Public records
  • Jet's Pizza Restaurant
  • Kaleidoscope vapor (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • 99c discount tobacco & beer (Bike/Boat/Book/etc) Store
  • Lifestyle Nutrition Restaurant
  • H&R Block Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.55M
CAP Approach CAP
$1.86M
Comparable Approach Comparable
$2.12M
Blend (final) Blend
$2.40M
Owner & transaction history
Mby Holdings LLC · 5 yrs held
Mby Holdings LLC
since 2021
Last sale
$2.5M
6 recorded transactions
2021
$2.5M
2018
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CH · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CH, HIGHWAY COMMERCIAL DISTRICT. This district is intended to permit the development and continued maintenance of general commercial uses located in a linear fashion along highways and near transportation facilities and industrial areas. The uses permitted in this district, the special uses that may be allowed in this district and the uses for which site pla…

Zone name Highway Commercial District
General category INDUSTRIAL
Zone area 3,999.90 ac
Top alternative use upside
Commercial (general) $2.7M +48.2%
Retail stores $1.9M +0.5%
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