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Prime Land Near New Costco
For Sale
$14,000,000
Pending

1773 New Salem Hwy, Murfreesboro, TN 37128

Available land in rapidly growing area near I-24.

Property SizeContact for details
Lot Size26.60 Acres
Days on Market1218

Property Features for 1773 New Salem Hwy

General Information

Standard status Pending
Lot size 26.60 Acres
Property subtype Commercial
Listing Agency: CBS REALTY
Listed By: BLAKE SWITALSKI · License #323261
Source: Corcoran
Added: May 1, 2023 Changed: Aug 8 Last Checked: Jul 23 at 8:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBS REALTY

Investment Insights

Based on property information with market context.

This property offers 1 to 26.6 acres in a premier location near a new Costco. Situated approximately 500 yards from the I-24 exit ramp, the site benefits from a high traffic count exceeding 31,767 vehicles in 2019. The area is experiencing rapid growth, supported by current road expansion that is nearly finished. The property is already zoned CH and features 600 feet of road frontage on New Salem Highway/Hwy 99, along with 175 feet of road frontage on Barfield Road. The property borders the Greenway alongside Sterling Farmer Lake. A future traffic light is planned for the corner of New Salem Highway and Barfield Road. A new Thorntons is now open on the corner. Sewer is available on site, and water is also accessible.

Key Highlights

  • Premier location near new Costco and high‑traffic I‑24 exit.
  • Zoned CH (Commercial Highway).
  • Sewer on site and water available.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Restaurant Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

Demographics for 37128, TN

70,329
Population
29,190
Households
2.4
Avg Household Size
34
Median Age
38%
College-Educated
95%
High-School Grad
56.7 sq mi
ZIP Area
1,240
Density / Sq Mi
$89,069
Median Household Income
$46,844
Median Earnings
$1,514
Median Rent
$364,100
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Available land in rapidly growing area near I-24.
Where is this commercial land located?
The property is located at 1773 New Salem Hwy Murfreesboro, TN.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: Premier location near new Costco and high‑traffic I‑24 exit.; Zoned CH (Commercial Highway).; Sewer on site and water available.
More about this property
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