Technical
Financial
Distress signals
Property profile

3389 Memorial Blvd Murfreesboro, TN 37129

OFF-MARKET
Drug stores
Property ID
US80-0879488
14,509 SF 1.51 ac lot Built 2002
Individually Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2002
Construction FRAME
Total area 14,509 SF
Lot 1.51 ac (65,776 SF)
Zoning code CH
APN 058M-F-005.00-000
UPID US80-0879488

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
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Pharmacy
  • Bank Credit Union
  • Pharmacy

Location

3389 Memorial Blvd Murfreesboro, TN 37129-5257
Murfreesboro metro Census 41301 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.60M
Comparable Approach Comparable
$2.11M
Blend (final) Blend
$2.28M

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

CH · Murfreesboro, TN
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…

General category INDUSTRIAL

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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