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    4058 Franklin Rd Murfreesboro, TN 37128

    Sponsored
    For Sale
    $900,000

    One-acre lot, high visibility, excellent access.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional one-acre commercial lot, located at 4058 Franklin Road in Murfreesboro, Tennessee, presents a remarkable investment opportunity. Situated in Rutherford County, zip code 37128, this property boasts approximately 140 feet of frontage on Franklin Road (Highway 96), a major east/west corridor. Its strategic location near the intersection of Franklin Road and Fortress Boulevard ensures high visibility and accessibility. The site is conveniently accessible from Franklin Road and Fortress Boulevard via Mercy Court, offering multiple entry points. This property is adjacent to a CVS, benefiting from the established presence of a major retailer. The surrounding area is experiencing robust growth, with new retail and residential developments either planned or currently under construction, indicating a strong and expanding market. The property's location in one of Tennessee's fastest-growing markets, coupled with its proximity to a signalized intersection, makes it an ideal site for a variety of commercial ventures. The asking price for this prime commercial land is $900,000.

    Property Features for 4058 Franklin Rd

    General Information

    Property type
    Land

    HighLights

    • Prime location in one of Tennessee's fastest‑growing markets.
    • High visibility at a signalized intersection.
    • Situated on a major east/west thoroughfare in a rapidly expanding area.
    Property Profile Location Intelligence

    Current Use by Public Records

    MinuteClinic at CVS Walk-In Clinic CVS Drug Store CVS Photo Print Shop Coinhub Bitcoin ATM ... Atm CDReload - Online Bitcoin ... Crypto Atm

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4695606
    Latitude
    35.8448848

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    FAQs

    What type of property is this?
    Land - One-acre lot, high visibility, excellent access.
    Where is this land located?
    The property is located at 4058 Franklin Rd Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Prime location in one of Tennessee's fastest-growing markets.; High visibility at a signalized intersection.; Situated on a major east/west thoroughfare in a rapidly expanding area.
    (615) 234-4934
    Request Owner's contact information
    4058 Franklin Rd Murfreesboro, TN 37128
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    Murfreesboro, TN 37128
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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
    4058 Franklin Rd Murfreesboro, TN 37128
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