Property profile

510 Thompson Ln Ste A Murfreesboro, TN 37129

OFF-MARKET
Strip malls
Property ID
US80-0092235
9,812 SF 1.01 ac lot Built 1998
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1998
Total area 9,812 SF
Lot 1.01 ac (43,996 SF)
Zoning code L-I
APN 092E-A-004.00-000
UPID US80-0092235

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
  • Insurance Agency
  • Restaurant
  • Military Recruiting Office
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Real Estate Agency

Location

510 Thompson Ln Ste A Murfreesboro, TN 37129-4347
Murfreesboro metro Census 40901 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
$2.02M
Comparable Approach Comparable
$2.75M
Blend (final) Blend
$2.10M

Owner & transaction history

since 2018
7 recorded transactions
2018
$3.8M
2009
$1.6M
2007
Price N/A
2007
$1.4M
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

L-I · Murfreesboro, TN
Zoning description

L-I (Light Industrial) when such land is developed with a use identified as Industrial in Chart 1 of Appendix A - Zoning. (L) Buffer Zone and Screening Requirements. (1) Buffer Zones Requirements. (a) Buffer zones are in…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $3.0M +48.2%
Retail stores $2.0M +0.5%

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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