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    Property profile & analytics

    4307 Franklin Rd Murfreesboro, TN 37128-4119

    • Drive through restaurants
    • 1,932 SF
    • 1.21 lot acres
    OFF-MARKET
    Value Estimation
    $905,000
    Last Sale
    Jun 02, 2021
    $950,000
    Location Intelligence
    Property ID
    US80-1621819
    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

    • Andy's Frozen Custard / Ice Cream Shop / Dessert Restaurant

    Property Details for 4307 Franklin Rd

    Year built
    2022
    Construction
    FRAME
    Lot size
    1.21 lot acres
    Property size
    1,932 SF
    Property type
    Drive through restaurants
    APN
    093-068.01-000
    APU
    9306801000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $930,000

    • CAP approach

      CAP return
      Estimation
      6%
      $900,000
      6.5%
      $770,000
      7%
      $850,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $825,000
      Geo Method
      $865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $785,000
      Retail
      $740,000
      Mixed-Use
      $810,000
      Hospitality
      $935,000
      Educational
      $740,000
      Residential Income
      $845,000
      Energy
      $865,000
      Income-Based Land
      $860,000
      Food Service
      $785,000

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4748
    Latitude
    35.8433
    CBSA code
    34980
    CBSA name
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN METROPOLITAN 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
    $19,563
    $438,760
    $252,800
    $691,560
    -
    $1,096,900
    $632,000
    $1,728,900

    Comparable in this City

    • Value Estimation
      $490,000
      2,869 SF

      510 Cason Ln

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,869 SF
      510 Cason Ln, Murfreesboro, TN 37128-8418
      View Details
    • Value Estimation
      $225,000
      1,752 SF

      2427 Old Ft Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,752 SF
      2427 Old Ft Pkwy, Murfreesboro, TN 37128-4162
      View Details
    • Value Estimation by Request
      4,050 SF

      5205 Veterans Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,050 SF
      5205 Veterans Pkwy, Murfreesboro, TN 37128-4377
      View Details
    • Value Estimation
      $540,000
      4,151 SF

      2674 New Salem Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,151 SF
      2674 New Salem Hwy, Murfreesboro, TN 37128-5265
      View Details
    • Value Estimation
      $505,000
      2,946 SF

      2407 New Salem Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,946 SF
      2407 New Salem Hwy, Murfreesboro, TN 37128-5249
      View Details
    • Value Estimation
      $490,000
      1,768 SF

      1627 New Salem Hwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,768 SF
      1627 New Salem Hwy, Murfreesboro, TN 37128-5288
      View Details

    Similar Nearby for Sale

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      Murfreesboro Retail Center - $5.95M

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    • $5,410,000
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      Murfreesboro Retail Property For Sale

      Retail property in Murfreesboro with favorable lease terms.
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      High-yield, long-term Walgreens investment.
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      Retail property with favorable lease terms and recent renovations.
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    • $900,000

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      One-acre lot, high visibility, excellent access.
      4058 Franklin Rd, Murfreesboro, TN 37128
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    Similar Nearby for Lease

    • $25 SF/Yr
      5,600 SF

      Retail Space Near Kroger Available

      Inline retail space and outparcel pad available near Kroger.
      565 Veterans Pkwy, Murfreesboro, TN 37128
      View Details
    • Contact for pricing
      1,502 SF

      Retail Space Near Interstate 24

      Retail space with ample parking in a high-traffic area.
      517 Cason Ln, Murfreesboro, TN 37128
      View Details
    • Contact for pricing
      1,751 SF

      Retail Center on Old Fort

      18,000 SF retail center with high traffic volume.
      2812 Old Fort Pkwy, Murfreesboro, TN 37128
      View Details
    • Contact for pricing

      Retail Outparcel Near Kroger

      Located near Kroger and Kohl’s with high traffic counts.
      2535 Old Fort Pkwy, Murfreesboro, TN 37128
      View Details
    • Contact for pricing
      1,500 SF

      Retail Center on Old Fort

      Retail center with high visibility and abundant parking.
      2705 Old Fort Pkwy, Murfreesboro, TN 37128
      View Details
    • $25 SF/Yr
      9,100 SF

      Retail Space Near Kroger Available

      Inline retail space and outparcel pad available near Kroger.
      5580 Franklin Rd, Murfreesboro, TN 37128
      View Details
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    Murfreesboro, TN 37128-4119
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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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