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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Bowling alleys
941 Broad St 951 Murfreesboro, TN 37129-2324
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US80-1746536
Property profile
Verified
Property type
Bowling alleys
Use group
BOWLING ALLEY
Year built
1955
Total area
30,297 SF
Lot
2.83 ac (123,275 SF)
APN
091G-D-004.00-000
UPID
US80-1746536
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
-
Cardtronics ATM Atm
-
Bare & Bronzed Studio Spa & Massage Center Skin Care Clinic
-
Katie Cole Esthetics Spa & Massage Center Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$755k
Owner & transaction history
Murfreesboro Lans Incorporated · 3 yrs held
Murfreesboro Lans Incorporated
since 2022
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$755,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$755k
Range $680k – $831k · ±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
$25 / 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
$24,709
Tax year 2023
Assessed value
$873,480
Assessed 2024
Previous assessed
$873,480
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$387,000
Assessed improvement
$486,480
Land market value
$967,500
Improvement market value
$1,216,200
Total market value
$2,183,700
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
Bowling alleys
Use group
BOWLING ALLEY
Status
Off-Market
Year built
1955
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
7
Total area
30,297 SF
Lot
2.83 ac (123,275 SF)
APN
091G-D-004.00-000
UPID
US80-1746536
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
Building & site characteristics
From public records
Year built
1955
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
7
Lot
2.83 ac
Current owner
From public records · entity-resolved
Murfreesboro Lans Incorporated
Individual
Mailing address
PO BOX 1117, MURFREESBORO, TN 37133-1117
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
—
Murfreesboro Lans Incorporated
—
Deed
related
$375,000 · Wilson Bank & Trust
Apr 14, 2021
—
Murfreesboro Lanes Incorporated
—
Deed
related
$3,000,000 · Wilson Bank & Trust
Oct 31, 2016
—
Murfreesboro Lanes INC
—
Deed
related
$2,040,000 · Wilson Bk&tr
—
—
Apex Ents
—
Deed Of Trust
related
$4,700,000 · Wilson Bank & Trust
—
—
James M Patrick
—
Deed Of Trust
related
$2,728,443 · Wilson Bank & Trust
—
—
Murfreesboro Lanes INC
—
Deed Of Trust
related
$2,040,000 · Wilson Bk&tr
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.
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