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Property profile & analytics
OFF-MARKET
Auto shops

515 College St Murfreesboro, TN 37130-3537

1,800 SF 0.28 ac lot Built 1940
Individually Owned 2-yr Hold Free & Clear
Property ID
US80-0994162
Property summary
AI-generated overview

This exceptional retail property, located at 515 W College St in Murfreesboro, Tennessee, presents a unique investment opportunity. Boasting a prominent location visible from Broad Street and providing direct access to the vibrant downtown square, this property offers unparalleled exposure to high foot traffic. The 1,800 square foot building sits on a substantial 0.28-acre lot, providing ample space for expansion, outdoor seating, or additional development. The property includes a fenced area, enhancing security and providing defined boundaries. The asking price is $850,000. This property is ideal for a variety of retail uses, benefiting from its prime location in the heart of Murfreesboro's bustling downtown area. Its visibility and size make it an attractive prospect for businesses seeking a strong presence in a thriving commercial district. The combination of building and expansive lot offers significant potential for growth and return on investment. Serious inquiries are encouraged to explore this exceptional opportunity further. Don't miss out on this chance to own a piece of Murfreesboro's vibrant downtown.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1940
Total area 1,800 SF
Lot 0.28 ac (12,153 SF)
APN 091K-K-006.01-000
UPID US80-0994162
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
  • Howse Small Engine Repair (Bike/Boat/Book/etc) Store Garden Center
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
Rick E Howse · 2 yrs held
Rick E Howse
since 2024
Last sale
$42,000
4 recorded transactions
2024
Price N/A
1992
$42,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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