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    4510 Veterans Pkwy Murfreesboro, TN 37128

    For Sale
    $5,376,000

    Retail property with favorable lease terms and recent renovations.

    Property size:
    9,155 SF
    Lot size:
    1.62 Acres

    Property Features for 4510 Veterans Pkwy

    General Information

    Size
    9,155 SF
    Lot size
    1.62 Acres

    Source: CP Partners Agent John Andreini

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Veterans Parkway

    This retail property is situated on a 1.62-acre lot at a signalized intersection. The property has undergone renovations in 2024, including the installation of a new standing seam metal roof and resealing and restriping of the parking lot. A 20-year roof warranty is currently in place. The surrounding area is densely populated, with approximately 96,000 residents within a 5-mile radius. The property contains 9,155 square feet and offers favorable lease terms for each tenant.
    Location Intelligence

    Current Use by Public Records

    SETS Hybrid Training ... Gym

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.492892
    Latitude
    35.8462251

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    FAQs

    What type of property is this?
    Shopping center - Retail property with favorable lease terms and recent renovations.
    Where is this shopping center located?
    The property is located at 4510 Veterans Pkwy Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $5,376,000.
    What are key features of this property?
    This property features: - Large 1.62 acre lot at signalized intersection; - Favorable lease terms for each tenant; - Densely populated metro – 96,000 residents within a 5-mile radius of the subject property
    (415) 274-2715
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    4510 Veterans Pkwy Murfreesboro, TN 37128
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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
    4510 Veterans Pkwy Murfreesboro, TN 37128
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