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Property profile & analytics
FOR SALE
Commercial real estate

3648 Shelbyville Hwy Murfreesboro, TN 37127

2,503 SF 5.5 ac lot Built 1984
Property ID
US80-1865090
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1984
Total area 2,503 SF
Lot 5.5 ac (239,580 SF)
UPID US80-1865090
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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