Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    720 Butler Dr Murfreesboro, TN 37127-5500

    • Refrigerated & Cold Storages
    • 97,844 SF
    OFF-MARKET
    Value Estimation
    $270,000
    Last Sale
    Apr 11, 2022
    $260,000
    Location Intelligence
    Property ID
    US80-3000924
    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

    • Lineage / Cold Storage Facility
    • Lineage Logistics / Distribution Service / Logistics Service

    Property Details for 720 Butler Dr

    Year built
    2017
    Construction
    ARCHED/DOME
    Property size
    97,844 SF
    Property type
    Refrigerated & Cold Storages
    APN
    125-013.00-001
    APU
    12501300001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $230,000
      6.5%
      $240,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $210,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $265,000
      Mixed-Use
      $265,000
      Hospitality
      $265,000
      Educational
      $265,000
      Residential Income
      $220,000
      Energy
      $240,000
      Income-Based Land
      $230,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3834
    Latitude
    35.7972
    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
    $163,227
    $0.00
    $5,770,160
    $5,770,160
    -
    $0.00
    $14,425,400
    $14,425,400

    Comparable in this City

    • Value Estimation by Request
      230,940 SF

      2641 General Mls Way

      COLD STORAGE • 230,940 SF
      2641 General Mls Way, Murfreesboro, TN 37127-3003
      View Details
    • Value Estimation
      $290,000
      150,620 SF

      720 Butler Dr

      COLD STORAGE • 150,620 SF
      720 Butler Dr, Murfreesboro, TN 37127-5500
      View Details
    • Value Estimation by Request
      520,119 SF

      2125 Joe B Jackson Pkwy

      COLD STORAGE • 520,119 SF
      2125 Joe B Jackson Pkwy, Murfreesboro, TN 37127-7777
      View Details
    • Value Estimation by Request
      1,444 SF

      4315 Woodbury Pike

      WAREHOUSE, STORAGE • 1,444 SF
      4315 Woodbury Pike, Murfreesboro, TN 37127-4752
      View Details
    • Value Estimation by Request
      844,480 SF

      2120 Logistics Way

      WAREHOUSE, STORAGE • 844,480 SF
      2120 Logistics Way, Murfreesboro, TN 37127-2201
      View Details
    • Value Estimation
      $365,000
      5,000 SF

      2640 General Mls Way

      WAREHOUSE, STORAGE • 5,000 SF
      2640 General Mls Way, Murfreesboro, TN 37127-3002
      View Details

    Similar Nearby for Sale

    • $2,250,000

      6.56 Acre Commercial Tract

      Commercial land with high-traffic exposure, ideal for various business uses.
      3960 Shelbyville Hwy, Murfreesboro, TN 37127
      View Details
    • $1,228,770
      12.30 Acres

      Murfreesboro Commercial Land - 12.3 Acres

      Prime Murfreesboro land, ideal for commercial/industrial development.
      0 John Bragg Hwy, Murfreesboro, TN 37127
      View Details
    • $650,000

      Corner Lot on Joe B Jackson

      1.37 acre corner lot near Walmart with city utilities.
      264 Joe B Jackson Pkwy, Murfreesboro, TN 37127
      View Details
    • $299,900
      1,476 SF

      Modern Townhouse with Flexible Space

      Well-maintained 2-bedroom townhouse with bonus room and modern amenities.
      316 Rowlette Cir, Murfreesboro, TN 37127
      View Details
    • $850,000

      32.5 Acres Manicured Land Ready

      32.5 acres of land suitable for building or farming.
      East Gum Rd, Murfreesboro, TN 37127
      View Details
    • $2,200,000

      High-Traffic Commercial Land Opportunity

      Commercial land in high-traffic area, ideal for business development.
      3668 Shelbyville Hwy, Murfreesboro, TN 37127
      View Details

    Similar Nearby for Lease

    • $6 SF/Yr
      200,755 SF

      Murfreesboro Warehouse Space Available

      200,755 square foot warehouse space for lease in Murfreesboro.
      606 Butler St, Murfreesboro, TN 37127
      View Details
    • $15 SF/Yr
      9,013 SF

      Murfreesboro Warehouse Space Available

      9,013 SF warehouse space for lease in Murfreesboro.
      2347-2349 Handley St, Murfreesboro, TN 37127
      View Details
    • Contact for pricing
      369,972 SF

      Murfreesboro Warehouse Space Available

      Large industrial warehouse space available for lease in Murfreesboro.
      2011 Butler Dr, Murfreesboro, TN 37127
      View Details
    • $7 SF/Yr
      378,560 SF

      Murfreesboro Warehouse Space Available

      378,560 SF warehouse with ample parking in Murfreesboro.
      1703 Joe B Jackson Pkwy, Murfreesboro, TN 37127
      View Details
    • Contact for pricing
      487,872 SF

      Murfreesboro Industrial Land - 11 Acres

      Prime 11-acre industrial land, Rutherford County.
      2917 Elam Rd, Murfreesboro, TN 37127
      View Details
    • Contact for pricing
      36,155 SF

      Murfreesboro Commercial Land - 0.83 Acres

      High-traffic, commercially zoned land near I-24.
      3155 Church St, Murfreesboro, TN 37127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    720 Butler Dr
    Murfreesboro, TN 37127-5500
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.