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    Property profile & analytics

    3371 Murfreesboro Hwy Manchester, TN 37355

    • Retail space
    • 5,250 SF
    • 0.74 lot acres
    For Sale
    View listing
    $900,000
    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

    Comparable in this City

    • Value Estimation by Request
      820 SF

      116 Spg St

      RETAIL STORES (PERSONAL SERVICES) • 820 SF
      116 Spg St, Manchester, TN 37355-1741
      View Details
    • Value Estimation by Request
      1,560 SF

      106 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,560 SF
      106 Main St, Manchester, TN 37355-1533
      View Details
    • Value Estimation by Request
      3,584 SF

      487 Shady Grv Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,584 SF
      487 Shady Grv Rd, Manchester, TN 37355-6670
      View Details
    • Value Estimation by Request
      1,985 SF

      106 Spg St

      RETAIL STORES (PERSONAL SERVICES) • 1,985 SF
      106 Spg St, Manchester, TN 37355
      View Details
    • Value Estimation
      $360,000
      900 SF

      1166 Woodbury Hwy

      RETAIL STORES (PERSONAL SERVICES) • 900 SF
      1166 Woodbury Hwy, Manchester, TN 37355-3102
      View Details
    • Value Estimation
      $230,000
      6,956 SF

      1909 Mcarthur St

      RETAIL STORES (PERSONAL SERVICES) • 6,956 SF
      1909 Mcarthur St, Manchester, TN 37355-2623
      View Details

    Similar Nearby for Sale

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      Manchester Hwy Retail Opportunity

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      View Details
    • $1,000,000
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      Prime Restaurant, Event Space, High Visibility
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    • $409,900
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      Manchester Mixed-Use Commercial Property

      Renovated Ranch, C3 Zoning, High Potential
      920 Mcarthur St, Manchester, TN 37355
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    • $1,690,000
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      Manchester Commercial Land Investment

      High-visibility, 0.95-acre commercial lot.
      0 Hillsboro Blvd, Manchester, TN 37355
      View Details
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      High-Visibility Manchester Commercial Lot

      Prime 1.2-acre lot, I-24 visibility!
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      View Details
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    3371 Murfreesboro Hwy
    Manchester, TN 37355
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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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