2782 Church StMurfreesboro, TN 37127

  • Banks
  • 3,439 SF

Property Details for 2782 Church St

Year built
2006
Construction
FRAME
Lot size
1.06 AC
Property size (Sq ft)
3,439 SF
Property type
Banks
APN
125C-A-002.02-000
APU
125CA00202000

Description

This exceptional 3,439 square foot retail property is ideally situated at 2782 South Church Street in Murfreesboro, Tennessee, within Rutherford County. The single-tenant building sits on a 1.06-acre lot and offers ample parking with 28 spaces. Currently vacant, this property presents a unique opportunity for businesses seeking a high-visibility location in a rapidly growing area. Murfreesboro boasts a population exceeding 150,000, consistently ranking among the fastest-growing cities in the US and leading the growth in Tennessee. This strong population base is further bolstered by the presence of Middle Tennessee State University, with its substantial student body of over 21,913. The property's location, approximately 35 miles southeast of Nashville, provides excellent access to a large consumer market and a robust regional economy. The entire 3,439 square feet is available for immediate occupancy, making it an attractive option for businesses seeking a turnkey solution. The property's size and parking capacity make it suitable for a variety of retail uses. This is a rare opportunity to establish a presence in a thriving community with significant growth potential. The zip code is 37127.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $873,319
    6.5%
    $806,140
    7%
    $748,559
  • Comparable approach

    Method
    Valuation
    Relative Method
    $745,993
    Geo Method
    $745,993
  • Alternative Use

    Use
    Valuation
    Residential
    $680,010
    Hospitality
    $622,885
    Educational
    $518,233
    Medical
    $536,056
    Retail
    $806,140

Location Insight

City
Murfreesboro
County
Rutherford
State
Tennessee
Latitude
35.7958
Longitude
-86.3997
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
-
$318,520
$259,120
$577,640
-
$796,300
$647,800
$1,444,100

FAQs

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