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    3668 Shelbyville Hwy Murfreesboro, TN 37127

    For Sale
    $2,200,000

    High-traffic location, huge potential.

    Property size:
    1,894 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 5.9-acre commercial property in Murfreesboro, TN, presents a remarkable investment opportunity. Boasting 31,924 daily vehicle views, this high-visibility location ensures maximum exposure for your business. Situated on Shelbyville Highway, the property benefits from its proximity to major businesses, including Murfreesboro Medical Center (MMC) and the newly constructed Pep Boys. The existing 1,894 square foot, 1995-built house provides a versatile structure adaptable to a wide array of commercial uses. The property is ideally suited for businesses seeking high visibility and convenient access. Water and sewer are already in place, simplifying the development process and reducing start-up costs. This property is surrounded by ongoing development, indicating a thriving and expanding commercial area. The substantial lot size offers ample space for expansion or the development of multiple commercial units. This is a rare chance to secure a prime commercial location in a rapidly growing market, offering significant potential for long-term growth and profitability. Don't miss this opportunity to establish your business in a highly visible and desirable area.

    Property Features for 3668 Shelbyville Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,894 SF
    Lot Size
    257,004 SF

    Building Details

    Year Built
    1983
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford County, TN
    State
    Tennessee
    Longitude
    -86.40462
    Latitude
    35.77113

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, huge potential.
    Where is this commercial real estate located?
    The property is located at 3668 Shelbyville Hwy Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (615) 896-2733
    Request Owner's contact information
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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
    3668 Shelbyville Hwy Murfreesboro, TN 37127
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