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Residential Development Land Opportunity
For Sale
$7,900,000

5048 Justice Rd, Murfreesboro, TN 37129

66+/- acres of residential development land near Murfreesboro.

Property SizeContact for details
Lot Size66.00 Acres
Days on Market216

Property Features for 5048 Justice Rd

General Information

Standard status Active
Lot size 66.00 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $999

Amenities

Level
Listing Agency: CRYE-LEIKE, INC., REALTORS
Listed By: AMY PETERSON
Source: Corcoran
Added: Jan 18 Changed: Aug 8 Last Checked: Jul 16 at 5:37AM

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 CRYE-LEIKE, INC., REALTORS

Investment Insights

Based on property information with market context.

This is a residential development opportunity featuring approximately 66 acres of level farmland. The property is contiguous to Murfreesboro City limits and has over 720 feet of paved road surface along its western border. The tax parcel is 73 acres, with the seller retaining approximately 6 acres on the north end. The location provides easy access to I840 and I24, situated between Murfreesboro and Smyrna. Utilities are provided by Middle TN Electric and Consolidated Utility District. The current zoning is Medium Density Residential, allowing for a lot size of 15,000 square feet, a 75-foot width, and setbacks of 40 feet in the front, 20 feet in the rear, and 10 feet on the sides. Interested parties must verify development plans and requirements with Rutherford County or the potential for annexation with the City of Murfreesboro.

Key Highlights

  • 66+/- acres of level land ideal for residential development.
  • Contiguous to Murfreesboro City limits, offering potential for annexation.
  • Zoned Medium Density Residential, allowing for 15,000 sqft lots.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Hair Salon Kitchen & Bath Showroom Garden Center Plumbing Service Daycare Center

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

18
Businesses Nearby

Demographics for 37129, TN

60,494
Population
24,548
Households
2.5
Avg Household Size
37
Median Age
39%
College-Educated
95%
High-School Grad
80.0 sq mi
ZIP Area
756
Density / Sq Mi
$89,772
Median Household Income
$48,137
Median Earnings
$1,597
Median Rent
$371,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 66+/- acres of residential development land near Murfreesboro.
Where is this residential land & home lot located?
The property is located at 5048 Justice Rd Murfreesboro, TN.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 66+/- acres of level land ideal for residential development.; Contiguous to Murfreesboro City limits, offering potential for annexation.; Zoned Medium Density Residential, allowing for 15,000 sqft lots.
More about this property
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