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    Property profile & analytics

    974 Murfreesboro Pike Nashville, TN 37217-1502

    • Strip malls
    • 10,160 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Last Sale
    Mar 23, 2021
    $195,500
    Location Intelligence
    Property ID
    US80-1189924
    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

    • Gold Star Market / Supermarket
    • Santorini / Restaurant
    • NileCraft Food Trailer Manufacturing - Nashville / Trailer Manufacturer / Equipment Supplier
    • Donelson HVAC / Hvac Contractor
    • Fruta / Market

    Property Details for 974 Murfreesboro Pike

    Year built
    1975
    Lot size
    0.43 lot acres
    Property size
    10,160 SF
    Zone code
    CS
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    106-16-0-073-00
    APU
    10616007300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $225,000
      6.5%
      $215,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $260,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $260,000
      Retail
      $225,000
      Mixed-Use
      $205,000
      Hospitality
      $235,000
      Educational
      $250,000
      Residential Income
      $215,000
      Energy
      $215,000
      Income-Based Land
      $260,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Davidson
    State
    Tennessee
    Longitude
    -86.7149
    Latitude
    36.1302
    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
    $6,568
    $89,920
    $111,920
    $201,840
    -
    $224,800
    $279,800
    $504,600

    Comparable in this City

    • Value Estimation by Request
      36,582 SF

      2621 Lakevilla Dr

      SHOPPING CENTER, STRIP CENTER • 36,582 SF
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    • Value Estimation by Request
      15,596 SF

      2500 Murfreesboro Pike

      SHOPPING CENTER, STRIP CENTER • 15,596 SF
      2500 Murfreesboro Pike, Nashville, TN 37217-3597
      View Details
    • Value Estimation
      $445,000
      12,158 SF

      2817 Smith Spgs Rd

      SHOPPING CENTER, STRIP CENTER • 12,158 SF
      2817 Smith Spgs Rd, Nashville, TN 37217
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    • Value Estimation
      $395,000
      6,909 SF

      327 Rural Hl Rd

      SHOPPING CENTER, STRIP CENTER • 6,909 SF
      327 Rural Hl Rd, Nashville, TN 37217-3838
      View Details
    • Value Estimation
      $1,435,000
      11,200 SF

      2609 Murfreesboro Pike

      SHOPPING CENTER, STRIP CENTER • 11,200 SF
      2609 Murfreesboro Pike, Nashville, TN 37217-3505
      View Details
    • Value Estimation
      $1,530,000
      5,154 SF

      2391 Murfreesboro Pike

      SHOPPING CENTER, STRIP CENTER • 5,154 SF
      2391 Murfreesboro Pike, Nashville, TN 37217-3314
      View Details

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      Retail Space on Murfreesboro Pike

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      Retail Space on Murfreesboro Pike

      Retail space with high visibility and ample parking.
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      Office space with excellent access to transportation and amenities.
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    Nashville, TN 37217-1502
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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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