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Commercial Land on Highway 231
For Sale
$5,900,000

3731 Shelbyville Hwy, Murfreesboro, TN 37127

16 acres of commercial land with high traffic and potential.

Property Size1,608 SF
Lot Size16.00 Acres
Price / SF$3,669
Days on Market384

Property Features for 3731 Shelbyville Hwy

General Information

Standard status Active
Size 1,608 SF
Lot size 16.00 Acres
Property subtype Commercial

Building Details

Year Built 1975
Listing Agency: RE/MAX 1ST REALTY
Listed By: FREDA K. JONES · License #267436
Source: Corcoran
Added: Jul 25, 2025 Changed: Aug 11 Last Checked: Aug 11 at 7:58AM

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 RE/MAX 1ST REALTY

Investment Insights

Based on property information with market context.

This property features sixteen acres of commercial land with potential for development. Located on Highway 231, it is situated just past Joe B. Jackson Parkway and Walmart. The site is near a medical facility, Aldi's, Pep Boys, and Walmart. The property benefits from high traffic counts, offering numerous possibilities for commercial use. A house and detached garage/workshop are located on the premises. The land is partially cleared and includes 435 ft of road frontage. A water line with accessibility runs through the property. The seller is willing to assist in rezoning if needed. This is the first time this property has been offered for sale.

Key Highlights

  • Sixteen acres of commercial potential on Hwy 231.
  • High traffic location near Joe B. Jackson Parkway, Wal Mart, medical facilities, Aldi's, and Pep Boys.
  • 435 ft. of road frontage.**

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm Restaurant

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

93
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 - 16 acres of commercial land with high traffic and potential.
Where is this commercial land located?
The property is located at 3731 Shelbyville Hwy Murfreesboro, TN.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Sixteen acres of commercial potential on Hwy 231.; High traffic location near Joe B. Jackson Parkway, Wal Mart, medical facilities, Aldi's, and Pep Boys.; 435 ft. of road frontage.**
More about this property
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