Property profile

4021 Old Nashville Hwy Murfreesboro, TN 37129

OFF-MARKET
Auto shops
Property ID
US80-2568337
9,680 SF 6.5 ac lot Built 2021
Entity Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional Murfreesboro property, located at 4021 Old Nashville Highway, offers a unique blend of office and warehouse space, totaling 9,600 square feet on a generous 3.35-acre lot. The building boasts 2,420 square feet of well-appointed office space, featuring five private offices, a conference room, three bathrooms, a break room, and a welcoming lobby. Expansion possibilities exist within the office area. The warehouse component comprises 7,220 square feet of heated space, ideal for various industrial uses. This area includes five 14x14 overhead automatic doors, an oversized mechanics bay with a lift, a high-volume air compressor with hard air lines throughout, a separate sink/kitchenette, and three 220-volt plugs. A 30x12 fuel tank pad is also available. The property is fully fenced and secured with access control gates and a comprehensive 15-camera surveillance system. Ample parking is provided with over 30,000 square feet of concrete parking, including 11 dedicated spots, plus over 24,000 square feet of gravel parking. The property is beautifully landscaped with an irrigation system and enjoys a convenient location near I-24 and 840 in Rutherford County, Tennessee, zip code 37129. This prime location is situated in one of Middle Tennessee's fastest-growing areas, presenting a significant investment opportunity.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2021
Total area 9,680 SF
Lot 6.5 ac (283,140 SF)
APN 070-047.00-000
UPID US80-2568337

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
  • Landscaping (Bike/Boat/Book/etc) Store

Location

4021 Old Nashville Hwy Murfreesboro, TN 37129-3051
Murfreesboro metro Census 40901 NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.15M

Owner & transaction history

since 2024
Last sale
$3.2M
4 recorded transactions
2024
$3.2M
2024
Price N/A
2019
$250,000
1994
$20,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $3.0M +70.2%
Retail stores $2.0M +15.4%
Neighborhood: shopping center $2.0M +14.8%

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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