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Property profile & analytics
FOR SALE
Medical Office Space

507 N University St Murfreesboro, TN 37130

5,904 SF 0.39 ac lot Built 1995
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US80-3535961
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Total area 5,904 SF
Lot 0.39 ac (16,901 SF)
Zoning code CM-R
APN 091L-J-006.00-000
UPID US80-3535961
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • True Victory Outreach Church Ministries, Inc Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Victory Outreach Church Ministries · 1 yrs held
Victory Outreach Church Ministries
since 2024
Last sale
$250,000
6 recorded transactions
2024
$250,000
2006
Price N/A
2006
$950,000
2001
Price N/A
1995
Price N/A
1969
Price N/A
Zoning & alternative use
CM-R · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

CM-R, MEDICAL DISTRICT RESIDENTIAL. The purpose of this district is provide a zoning category devoted primarily to health-related uses. This district is designed to permit the development, expansion and modernization of hospitals, clinics, medical laboratories, and medical offices. The uses permitted in this district, the special uses that may be allowed in…

Zone name Medical District Residential
General category CIVIC_INSTITUTIONAL
Zone area 65.18 ac
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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