Shopping Center with Flea
4994 Murfreesboro Rd, Lebanon, TN 37090
For Sale
$12,000,000
An operating vendor market occupies a 54-acre tract with commercial and agricultural zoning.
Property Size2,000 SF
Lot Size54.08 Acres
Price / SF$6,000
Days on Market81
Property Features for 4994 Murfreesboro Rd
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Road Frontage
Road Access
Mixed-Use Components
Additional Details
Business Included
Land Use
Currently Operating
Amenities
diner
concession stands
Building Details
Building Size
Buildings
Listing Agency:
Benchmark Realty, LLC
(615) 288-8292
Listed By:
STACY GEE
(615) 582-1520
Source:
Concordrealty
Added: Aug 20
Changed: Nov 7
Last Checked: Nov 7 at 12:48PM
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 Benchmark Realty, LLC
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Investment Insights
Based on property information with market context.
The 54.08-acre property is operating as a flea market with more than 200 vendors. Its 12 buildings include eight covered vendor structures, a diner and two concession stands. Three septic tanks serve the property.
Approximately 10 acres are commercially zoned, with 44.08 acres designated agricultural. Road frontage extends more than 370 feet along Murfreesboro Road. Changes or development on the agricultural acreage are subject to county approvals, zoning requirements and permitting.
Approximately 10 acres are commercially zoned, with 44.08 acres designated agricultural. Road frontage extends more than 370 feet along Murfreesboro Road. Changes or development on the agricultural acreage are subject to county approvals, zoning requirements and permitting.
Key Highlights
- Operating flea market with 200+ vendors
- 54.08 acres, including approximately 10 acres zoned Commercial and 44.08 acres zoned Agricultural (AG)
- 12 buildings: 8 covered vendor buildings, a diner, and 2 concession stands
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37090, TN
18,369
Population
7,665
Households
2.4
Avg Household Size
42
Median Age
34%
College-Educated
93%
High-School Grad
166.4 sq mi
ZIP Area
110
Density / Sq Mi
$85,048
Median Household Income
$46,364
Median Earnings
$1,410
Median Rent
$392,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Shopping center - An operating vendor market occupies a 54-acre tract with commercial and agricultural zoning.
Where is this shopping center located?
The property is located at 4994 Murfreesboro Rd Lebanon, TN.
What is the asking price?
The asking price for this property is $12,000,000.
What are key features of this property?
This property features: Operating flea market with 200+ vendors; 54.08 acres, including approximately 10 acres zoned Commercial and 44.08 acres zoned Agricultural (AG); 12 buildings: 8 covered vendor buildings, a diner, and 2 concession stands
