Property profile

337 Main St Murfreesboro, NC 27855

OFF-MARKET
Retail space
Property ID
US53-4432607
5,220 SF 0.05 ac lot Built 1948
Individually Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This updated two-story storefront building is located in downtown Murfreesboro’s commercial and retail district, surrounded by other retail businesses, restaurants, and banking services, with access to both on-street and off-street public parking. The property sits on a 0.05-acre lot and contains 5,220 square feet of living/usable area. The upstairs unit has a separate entrance and can also be accessed internally from the downstairs unit; it is configured as a professional office space with a private half bath and a large storage area. The downstairs level has been used as retail space, most recently as a florist and gift shop, and includes a half bath plus three sink stations on the main floor. Building systems and amenities include a hard-wired phone system connecting the upstairs office, a hard-wired sound system, built-in cabinets for retail display, and LED lighting fixtures. The property is zoned C-1, providing flexibility for multiple commercial or retail uses.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 5,220 SF
Lot 0.05 ac (2,178 SF)
Zoning code C-1
APN 5958-95-6349
UPID US53-4432607

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
  • Interior Design Home Decor Store
  • (Bike/Boat/Book/etc) Store Florist

Location

337 Main St Murfreesboro, NC 27855-1338
Murfreesboro metro Census 950102
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2008
1 recorded transaction
2008
$41,000

Zoning & alternative use

C-1 · Murfreesboro, NC
Zoning description

The purpose for this district are designed to permit a concentrated development within the central portion of the town with emphasis upon large stores and shops serving a regional retail trading area

General category COMMERCIAL

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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