Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$9,000,000
Automotive properties
814 Memorial Blvd Murfreesboro, TN 37129-2732
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US80-1466306
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1968
Construction
FRAME
Total area
59,132 SF
Lot
6 ac (261,360 SF)
APN
091F-H-047.00-000
UPID
US80-1466306
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
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Murfreesboro Nissan Parts Auto Parts Store
-
Murfreesboro Nissan Service Auto Repair Shop
-
Murfreesboro Nissan Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.26M
Blend (final)
Blend
$9.00M
Owner & transaction history
Mb Nissan Boro Real Estate LLC · 2 yrs held
Mb Nissan Boro Real Estate LLC
since 2024
Last sale
$9.0M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$12.2M
+15.4%
Neighborhood: shopping center
$12.2M
+14.8%
Medical building
$11.0M
+4.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Murfreesboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murfreesboro submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,000,000
ML approach
$9,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$10,590,000
Current use
RETAIL STORES
$12,225,000
Change: +15% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$12,160,000
Change: +15% · Conversion: Difficult
MEDICAL BUILDING
$11,010,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$9,840,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$9.00M
Range $8.10M – $9.90M · ±10% · vs last sale $9.00M (Feb 12 2024)
Last sale anchor
$9.00M
Feb 12 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$105,678
Tax year 2023
Assessed value
$3,735,800
Assessed 2024
Previous assessed
$3,735,800
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$603,360
Assessed improvement
$3,132,440
Land market value
$1,508,400
Improvement market value
$7,831,100
Total market value
$9,339,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1968
Construction
FRAME
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Bathrooms
6
Total area
59,132 SF
Lot
6 ac (261,360 SF)
APN
091F-H-047.00-000
UPID
US80-1466306
Jurisdiction
RUTHERFORD
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$10.6M
RETAIL STORES
Est. value
$12.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$12.2M
MEDICAL BUILDING
Est. value
$11.0M
OFFICE BUILDING
Est. value
$9.8M
AUTO REPAIR, GARAGE Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
FRAME
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Bathrooms
6
Lot
6 ac
Current owner
From public records · entity-resolved
Mb Nissan Boro Real Estate LLC
Entity
Mailing address
328 N COLUMBIA ST, COVINGTON, LA 70433-2918
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 12, 2024
$9,000,000
Mb Nissan Boro Real Estate LLC
Phillip Snell
Special Warranty Deed
$7,200,000 · Bank Of America NA
Feb 12, 2024
—
Mb Nissan Boro Real Estate LLC
Phillip Snell
Quit Claim Deed
related
$7,200,000 · Bank Of America NA
Mar 23, 2022
—
Lucien C Anderson
Lucien C Anderson
Intrafamily Transfer
related
—
Jan 29, 2015
—
Snell,billy Trust|burkhalter,sara Trust
Snell Kenneth W
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 814 Memorial Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
