Corner Lot Commercial
For Sale
$900,000
1703 Bradyville Pike, Murfreesboro, TN 37130
Commercial property on a corner lot in a high-traffic area.
Property Size1,995 SF
Price / SF$451.13
Days on Market514
Property Features for 1703 Bradyville Pike
General Information
Standard status
Active
Size
1,995 SF
Building Details
Year Built
1967
Listing Agency:
CENTURY 21 PRESTIGE NASHVILLE
Listed By:
TODD MANGRUM
(615) 361-5010
Source:
Corcoran
Added: May 22, 2025
Changed: Mar 16
Last Checked: Aug 25 at 4:41AM
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 CENTURY 21 PRESTIGE NASHVILLE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial property includes a building and lot situated on a corner location within a high-traffic area. The property encompasses 1995 square feet. Originally utilized as a pharmacy and gas station, the property presents opportunities for various business ventures, including retail, daycare, or automotive-related purposes. The building includes two restrooms.
Key Highlights
- High‑traffic corner lot location offers excellent visibility and business potential.
- Versatile commercial property suitable for various uses (retail, daycare, etc.).
- Includes both building and lot in the sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,717
Cap Rate
2.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,340
$534.3K
Cap Rate 7%
$381,671
$381.7K
Cap Rate 9%
$296,856
$296.9K
Market Conditions
NOI Build-Up for 1,995 SF
Gross rent
$37.1K $18.60/SF
− Vacancy
−$1.5K −$0.74/SF
EGI
$35.6K $17.86/SF
− OpEx
−$8.9K −$4.46/SF
NOI
$26.7K $13.39/SF
Area
Murfreesboro, TN
Vacancy
4.00%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$534,340
Cap Rate 7%
$381,671
Cap Rate 9%
$296,856
Alternative Uses
Best Use
Specialty Retail
$381.7K
$334.0K – $445.3K
NOI $26,717 @ 7.0% cap · market cap 2.97%
Second Best
Retail
$331.5K
$290.1K – $386.8K
NOI $23,206 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$502.9K
$440.1K – $586.8K
NOI $35,206 @ 7.0% cap · market cap 3.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
5k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,873 visits/mo
0.1 miles
Demographics for 37130, TN
59,677
Population
25,838
Households
2.3
Avg Household Size
32
Median Age
37%
College-Educated
91%
High-School Grad
54.1 sq mi
ZIP Area
1,103
Density / Sq Mi
$60,389
Median Household Income
$37,710
Median Earnings
$1,157
Median Rent
$347,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Kevin L. Clement, PharmD — Plaza South Shopping Center, 1622 Middle Tennessee Blvd, Murfreesboro, TN 37130
- Sherri Garrett, DPH — Plaza South Shopping Center, 1622 Middle Tennessee Blvd, Murfreesboro, TN 37130
- Pamala Todd — 1622 Middle Tennessee Blvd, Murfreesboro, TN 371305108
- Paula Todd, FNP — Plaza South Shopping Center, 1622 Middle Tennessee Blvd, Murfreesboro, TN 37130
- Wendy Shawver — 1622 Middle Tennessee Blvd, Murfreesboro, TN 371305108
Frequently Asked Questions
What type of property is this?
Drug store - Commercial property on a corner lot in a high-traffic area.
Where is this drug store located?
The property is located at 1703 Bradyville Pike Murfreesboro, TN.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: High‑traffic corner lot location offers **excellent visibility and business potential**.; Versatile commercial property suitable for various uses (retail, daycare, etc.).; Includes both building and lot in the sale.
