196 Acres Offered as
For Sale
Contact for pricing
Pending
3056 Old Salem Road, Murfreesboro, TN 37128
196 acres of land offered for sale at auction.
Property SizeContact for details
Lot Size196.00 Acres
Days on Market103
Property Features for 3056 Old Salem Road
General Information
Standard status
Pending
Lot size
196.00 Acres
Property subtype
Retail, Land
Listing Agency:
Parks Auction and Realty
Listed By:
John Higgins · License #TN 2366
Source:
Crexi
Added: May 21
Changed: Aug 15
Last Checked: Aug 30 at 2:58PM
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 Parks Auction and Realty
Investment Insights
Based on property information with market context.
This property consists of 196± acres offered as a whole. The land, originally part of a Revolutionary War grant, has been in the same family for over 200 years as a Century Farm. The property mainly consists of Harpeth, Cumberland, Lomond, Arrington & Bradyville soils and has been in a high state of cultivation for years. Currently zoned Residential/Agriculture under Rutherford County regulations, the property is located adjacent to the Murfreesboro city limits and currently has access to city sewer. There is road frontage on both Highway 99 (four lane highway) and Old Salem Pike. The property lends itself to a variety of potential uses. The farm will first be presented as a whole of 196± acres with a Reserve Price of $155,000 per acre. If no bids are received in a reasonable amount of time, the farm will then be offered in the 4 designated tracts. Each tract will be offered individually with NO BUYER’S CHOICE, by the acre, and will follow this format until all tracts have been auctioned. No reserve will be set on individual tracts, HOWEVER, the sum of the high bids on all four tracts must average atleast $165,000 per acre, or none of the bids will be accepted. NO REGROUPING.
Key Highlights
- 196± acres in a rapidly developing area near Murfreesboro, TN.
- Prime location just off I‑24 near Veterans Parkway with access to city sewer.
- Zoned Residential/Agriculture, offering diverse development possibilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
39
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 196 acres of land offered for sale at auction.
Where is this agricultural land / farmland located?
The property is located at 3056 Old Salem Road Murfreesboro, TN.
What are key features of this property?
This property features: 196± acres in a rapidly developing area near Murfreesboro, TN.; Prime location just off I‑24 near Veterans Parkway with access to city sewer.; Zoned Residential/Agriculture, offering diverse development possibilities.
