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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Hotels
909 Thompson Ln Murfreesboro, TN 37129-4326
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US80-2683468
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2017
Construction
FRAME
Total area
21,041 SF
Lot
3.32 ac (144,619 SF)
Zoning code
L-I
APN
092-027.20-000
UPID
US80-2683468
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
-
Tru by Hilton Murfreesboro Hotel & Motel
-
Home2 Suites by Hilton Murfreesboro Hotel & Motel
-
Casa en Tenneessee Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$2.43M
Blend (final)
Blend
$1.85M
Owner & transaction history
Boro Hotel Partners LLC · 10 yrs held
Boro Hotel Partners LLC
since 2015
4 recorded transactions
Zoning & alternative use
L-I · Murfreesboro, TN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+52.9%
Medical building
$2.7M
+47.2%
Neighborhood: shopping center
$2.4M
+28.4%
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
by Request
ML approach
$1,210,000
CAP Approach
CAP Return
Estimation
6%
$2,050,000
6.5%
$1,890,000
7%
$1,755,000
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,855,000
Current use
OFFICE BUILDING
$2,835,000
Change: +53% · Conversion: Difficult
MEDICAL BUILDING
$2,730,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,380,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$1,895,000
Change: +2% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,860,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±10%
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
$88 / 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
Assessed value
$5,000,000
Assessed 2024
Previous assessed
$5,000,000
+0.0% YoY
Assessed land
$605,720
Assessed improvement
$4,394,280
Land market value
$1,514,300
Improvement market value
$10,985,700
Total market value
$12,500,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2017
Construction
FRAME
Heating
HEAT PUMP
Units
154
Bathrooms
156
Total area
21,041 SF
Lot
3.32 ac (144,619 SF)
Zoning code
L-I
APN
092-027.20-000
UPID
US80-2683468
Jurisdiction
RUTHERFORD
Zoning & alternative use
L-I · Murfreesboro, TN
Zoning L-I · permitted uses
L-I · Murfreesboro, TN
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murfreesboro. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.9M
OFFICE BUILDING
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
RETAIL STORES
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.9M
HOTEL/MOTEL Current
OFFICE BUILDING
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
AUTO REPAIR, GARAGE
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
2017
Construction
FRAME
Heating
HEAT PUMP
Units
154
Bathrooms
156
Lot
3.32 ac
Current owner
From public records · entity-resolved
Boro Hotel Partners LLC
Entity
Free & Clear · 10 yrs held
Mailing address
308 N PETERS RD STE #100, KNOXVILLE, TN 37922-2327
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Jun 17, 2016
—
Boro Hotel Partners LLC
—
Deed
related
$11,500,000 · First Freedom Bk
Nov 16, 2015
—
Boro Hotel Partners LLC
—
Trustees Deed
related
$8,250,000 · First Freedom Bk
Oct 19, 2015
$1,700,000
Boro Hotel Partners LLC
Gatton C M Trust
Warranty Deed
—
—
—
Boro Hotel Partners LLC
—
Loan Modification
related
$11,500,000 · First Freedom Bk
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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