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

1773 New Salem Hwy, Murfreesboro, TN 37128

Commercial land for sale in rapid growth area.

Property SizeContact for details
Lot Size26.60 Acres
Days on Market2420

Property Features for 1773 New Salem Hwy

General Information

Standard status Pending
Lot size 26.60 Acres
Listing Agency: CBS Realty
Listed By: Blake Switalski · License #323261
Source: Sumnercountyhomelistings
Added: Jan 21, 2020 Changed: Sep 3 Last Checked: Sep 1 at 8:32PM

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 commercial land is available in sizes ranging from 1 to 26.6 acres. The property benefits from a location near a new Costco and is situated 500 yards from an I-24 exit ramp. Traffic counts in 2019 exceeded 31,767. The area is experiencing rapid growth, and a current road expansion is nearly finished. The property is already zoned CH and features 600 feet of road frontage on New Salem Highway 99, along with 175 feet of road frontage on Barfield Road. It 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
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land for sale in rapid growth area.
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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