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    3668 Shelbyville Hwy, Unit Murfreesboro Murfreesboro, TN 37127

    For Sale
    $2,200,000

    Commercial land in high-traffic area, ideal for business development.

    Lot size:
    5.90 Acres

    Property Features for 3668 Shelbyville Hwy

    General Information

    Standard status
    Active
    Lot size
    5.90 Acres

    Building Details

    Year built
    1780

    Source: RED REALTY, LLC Agent HUNTER MCDONALD, ABR, C2EX, PSA, E-PRO,

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

    Overview

    High-Traffic Commercial Land Opportunity

    This commercial property is located in a high-traffic area with a traffic count of 31,924. The location offers exposure in a rapidly growing area, positioned next to MMC and directly across from the new Pep Boys. The property includes a 1,894 square foot house built in 1995. Water and sewer are available on-site. The property is surrounded by active development. This location is suitable for a wide range of commercial opportunities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -86.40424
    Latitude
    35.771835

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    FAQs

    What type of property is this?
    Commercial land - Commercial land in high-traffic area, ideal for business development.
    Where is this commercial land located?
    The property is located at 3668 Shelbyville Hwy, Unit Murfreesboro Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - High-traffic location with **31,924 traffic count ensures maximum exposure.**; - Enormous commercial potential in a rapidly growing area.; - **Prime location next to MMC and directly across from the new Pep Boys.**
    (615) 896-2733
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    3668 Shelbyville Hwy, Unit Murfreesboro Murfreesboro, TN 37127
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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
    3668 Shelbyville Hwy, Unit Murfreesboro Murfreesboro, TN 37127
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