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Property profile & analytics

3371 Murfreesboro Hwy Manchester, TN 37355

  • Retail space
  • 5,250 SF
  • 0.74 lot acres
Value Estimation
Last Sale
Mar 31, 2025
$280,000
Location Intelligence
Property ID
US80-2054504
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

  • Retail space

Property Details for 3371 Murfreesboro Hwy

Year built
2020
Lot size
0.74 lot acres
Property size
5,250 SF
Property type
Retail space
APN
016068 00503
APU
1606800503

Description

This exceptional 5,000 square foot commercial building presents a prime retail opportunity in the rapidly expanding town of Manchester, Tennessee. Situated on a 0.74-acre lot at 3371 Murfreesboro Highway, this property boasts high visibility and excellent access, benefiting from its location off a major highway with significant traffic volume. The building, constructed just four years ago, is in excellent condition and offers a versatile layout ideal for a variety of retail uses. The main retail space comprises approximately 5,000 square feet, complemented by two additional offices situated at the rear of the building. Shared laundry and kitchen facilities add to the convenience and functionality of the space. The property's strategic location near Interstate 24 further enhances its appeal, providing easy access for customers and employees. With an average annual daily traffic count (AADT) on Highway 41 in 2023 nearing 5,000 vehicles, this location guarantees substantial exposure to potential customers. This is a rare opportunity to acquire a modern, well-maintained commercial building in a thriving market. Appointments are required for showings.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $205,000
  • CAP approach

    CAP return
    Estimation
    6%
    $260,000
    6.5%
    $300,000
    7%
    $275,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $250,000
    Geo Method
    $310,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $285,000
    Retail
    $285,000
    Mixed-Use
    $300,000
    Hospitality
    $285,000
    Educational
    $250,000
    Residential Income
    $290,000
    Energy
    $245,000
    Income-Based Land
    $315,000
    Food Service
    $310,000

Location Insight

  • Map
  • Local Demand
City
Manchester
County
Coffee
State
Tennessee
Longitude
-86.1231
Latitude
35.5095
CBSA code
46100
CBSA name
TULLAHOMA, TN MICROPOLITAN 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
$3,993
$9,640
$160,880
$170,520
-
$24,100
$402,200
$426,300
More about this property
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