3648 Shelbyville Hwy Murfreesboro, TN 37127
This exceptional 5.5-acre property located at 3648 Shelbyville Hwy, Murfreesboro, TN, presents a compelling investment opportunity. Currently zoned residential, this expansive corner lot boasts significant commercial potential, situated on a major thoroughfare experiencing rapid growth. The property's strategic location offers unparalleled visibility and accessibility. With a high traffic count of 32,582 vehicles per day (data from 2013), this site is ideally positioned to capitalize on the area's burgeoning commercial activity. The property is conveniently located approximately 3/4 of a mile from a Kroger grocery store and approximately a 5-minute drive to Interstate 24, ensuring excellent connectivity and customer reach. The 2,503 square foot building on the lot is not included in the sale. All utilities are readily available on-site, simplifying development and reducing upfront costs. This is a rare chance to acquire a substantial parcel of land in a thriving market, poised for significant future appreciation. The property's size, location, and accessibility make it an exceptional choice for a wide range of commercial ventures. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.