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    Property profile & analytics

    820 Thompson Ln Ste 1a Murfreesboro, TN 37129-4340

    • Investment properties
    • 1,424 SF
    OFF-MARKET
    Value Estimation
    $420,000
    Location Intelligence
    Property ID
    US80-2097471
    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

    • Scott Jones / Physician Assistant
    • HOLMES & SWAFFORD CPAs / Accounting Firm / Tax Consultant
    • CHARLES ROBERT KAELIN / Health Care Facility / Orthopedic Surgeon
    • Eamon Felton / Obstetrician-Gynecologist / Practitioner Service Location
    • Courtney Tafesse / Obstetrician-Gynecologist / Practitioner Service Location

    Property Details for 820 Thompson Ln Ste 1a

    Year built
    2011
    Construction
    FRAME
    Property size
    1,424 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    092-027.01-C-023
    APU
    09202701C023

    Description

    Gateway Village offers exceptional Class A office and medical suites in Murfreesboro, TN, at 820 N Thompson Ln, zip code 37129. This vibrant mixed-use community boasts three buildings totaling eight suites, ranging from 1,431 to 6,937 contiguous square feet. Built in 2011, the property features ample open parking and elevators. Its prime location on North Thompson Lane provides exceptional visibility, with a daily traffic count exceeding 25,000 vehicles. The property benefits from its proximity to Ascension Rutherford Hospital, numerous restaurants and grocery stores, and popular attractions like The View at Fountains and The Avenue. Furthermore, the upcoming construction of a 40-million-dollar, 4,500-seat Sunset Music Colosseum just half a mile away promises increased foot traffic and community vibrancy. Currently occupied by a diverse range of businesses including medical practices, retail shops, and professional services, Gateway Village presents a compelling opportunity for businesses seeking a thriving and convenient location in Murfreesboro. The property's strong tenant roster and strategic location make it an attractive investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4288
    Latitude
    35.8599
    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
    $3,002
    $0.00
    $106,120
    $106,120
    -
    $0.00
    $265,300
    $265,300

    Comparable in this City

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    • Value Estimation by Request

      3417 Leanna Rd Lot, Unit 6

      OFFICE/RESIDENTIAL (MIXED USE)
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    Murfreesboro, TN 37129-4340
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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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