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    Property profile & analytics

    535 NW Broad St Murfreesboro, TN 37130

    • Drive through restaurants
    • 2,511 SF
    • 0.82 lot acres
    For Sale
    View listing
    $2,000,000
    Value Estimation
    Location Intelligence
    Property ID
    US80-3175495
    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

    • Southern Soul Cuisine / Restaurant
    • Taqueria El Patron / Restaurant

    Property Details for 535 NW Broad St

    Year built
    1976
    Lot size
    0.82 lot acres
    Property size
    2,511 SF
    Property type
    Drive through restaurants
    APN
    091K-L-001.00-000
    APU
    091KL00100000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $250,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $205,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $205,000
      Mixed-Use
      $265,000
      Hospitality
      $260,000
      Educational
      $250,000
      Residential Income
      $225,000
      Energy
      $245,000
      Income-Based Land
      $250,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3994
    Latitude
    35.8491
    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
    $9,453
    $218,400
    $115,760
    $334,160
    -
    $546,000
    $289,400
    $835,400

    Comparable in this City

    • Value Estimation
      $755,000
      3,003 SF

      1905 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,003 SF
      1905 Church St, Murfreesboro, TN 37130-5504
      View Details
    • Value Estimation
      $395,000
      3,612 SF

      106 Broad St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,612 SF
      106 Broad St, Murfreesboro, TN 37130-4229
      View Details
    • Value Estimation
      $335,000
      2,076 SF

      1414 Rutherford Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,076 SF
      1414 Rutherford Blvd, Murfreesboro, TN 37130-8126
      View Details
    • Value Estimation
      $405,000
      1,828 SF

      2083 Lascassas Pike

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,828 SF
      2083 Lascassas Pike, Murfreesboro, TN 37130-1937
      View Details
    • Value Estimation
      $315,000
      1,500 SF

      1407 Greenland Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,500 SF
      1407 Greenland Dr, Murfreesboro, TN 37130-3109
      View Details
    • Value Estimation
      $355,000
      2,316 SF

      1841 Church St

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,316 SF
      1841 Church St, Murfreesboro, TN 37130-5502
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Murfreesboro Retail Outparcel Investment

      High-traffic location, flexible options.
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      Auto Shop with Covered Space

      Auto shop with ample parking and multiple buildings for various uses.
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      Corner Lot Commercial Property

      Commercial property on a corner lot in a high-traffic area.
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      Retail Store on Highway

      Commercial Highway zoned retail store with high visibility and traffic.
      525 SE Broad St, Murfreesboro, TN 37130
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      Renovated Building with Parking Lot

      Charming, renovated building with parking in downtown Murfreesboro.
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      1.00 Acre

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      Prime TN acreage, flexible zoning, high traffic.
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    Similar Nearby for Lease

    • Contact for pricing
      2,085 SF

      Retail Space with Drive-Thru

      Retail space available with planned redevelopment and drive-thru.
      1213 Greenland Dr, Murfreesboro, TN 37130
      View Details
    • $21 SF/Yr
      25,927 SF

      Murfreesboro Office Space For Lease

      Prime Downtown Office, Retail Opportunity
      120 Main St, Murfreesboro, TN 37130
      View Details
    • $25 SF/Yr
      2,940 SF

      Retail Space on Main Street

      Retail space available for lease in Murfreesboro, Tennessee.
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      View Details
    • Contact for pricing
      60,193 SF

      Downtown Murfreesboro Office Space

      Historic building, flexible suites available
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      View Details
    • $22 SF/Yr
      1,400 SF

      Retail Space Near MTSU

      Retail space near Middle Tennessee State University for lease.
      2943 S Rutherford Blvd, Murfreesboro, TN 37130
      View Details
    • $24 SF/Yr
      3,471 SF

      Retail Space on Main Street

      Retail space available for lease on Main Street.
      113 E Main St, Murfreesboro, TN 37130
      View Details
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    Murfreesboro, TN 37130
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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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