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Commercial Lot Near Highway 231
For Sale
$687,000

3698 Shelbyville Hwy, Murfreesboro, TN 37127

Located off HWY 231 S, ideal for retail/professional use.

Property SizeContact for details
Days on Market793

Property Features for 3698 Shelbyville Hwy

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $593
Listing Agency: eXp Realty
Listed By: Fhonda Hatmaker · License #348561
Source: Exprealty
Added: Jun 28, 2024 Changed: Aug 25 Last Checked: Aug 28 at 1:33PM

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 eXp Realty

Investment Insights

Based on property information with market context.

This commercial lot is located off HWY 231 S, near Walmart and the Medical Center. The location is suitable for retail or professional use. Situated in a high-traffic area within Murfreesboro, TN, the lot offers opportunities for ventures such as retail strip stores, car washes, and restaurants. Rutherford County experienced a population increase of over 20% in 2020, and is projected to continue this upward trend. The property's high visibility and accessibility may attract customers. The property is located at 3698 Shelbyville Hwy, Murfreesboro, TN 37127.

Key Highlights

  • Prime location off HWY 231 S near Walmart and the Medical Center
  • High‑traffic area with excellent visibility and easy accessibility
  • Situated in the rapidly growing community of Murfreesboro, TN

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Electrical Service Real Estate Agency

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

92
Businesses Nearby

Demographics for 37127, TN

20,353
Population
7,710
Households
2.6
Avg Household Size
36
Median Age
39%
College-Educated
96%
High-School Grad
47.1 sq mi
ZIP Area
432
Density / Sq Mi
$85,947
Median Household Income
$43,037
Median Earnings
$1,274
Median Rent
$329,300
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 - Located off HWY 231 S, ideal for retail/professional use.
Where is this commercial land located?
The property is located at 3698 Shelbyville Hwy Murfreesboro, TN.
What is the asking price?
The asking price for this property is $687,000.
What are key features of this property?
This property features: Prime location off HWY 231 S near Walmart and the Medical Center; High‑traffic area with excellent visibility and easy accessibility; Situated in the rapidly growing community of Murfreesboro, TN
More about this property
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