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    3435 Memorial Blvd Murfreesboro, TN 37129

    Sponsored
    For Sale
    Contact for pricing

    3.2 Acres, High Traffic, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 3.2-acre commercial land parcel, located at 3435 & 3437 Memorial Boulevard in Murfreesboro, Tennessee, presents a unique investment opportunity. Situated in Rutherford County, zip code 37129, this property boasts a highly desirable Commercial Highway zoning designation, allowing for a wide range of commercial development possibilities. The land is priced at $14.50 per square foot, offering significant potential for return. All utilities are readily available, simplifying the development process. The seller is willing to divide the property, providing flexibility for various project sizes and investor needs. This prime location offers unparalleled visibility and accessibility, situated next to a Publix supermarket and directly across from the Veterans Hospital. The high traffic count of approximately 15,291 vehicles provides exceptional exposure for any commercial venture. This strategic location, combined with the favorable zoning and the seller's willingness to divide the land, makes this an exceptional opportunity for developers and investors seeking a high-impact commercial property in a thriving Tennessee market. The property's coordinates are 35.9138639 latitude and -86.3857587 longitude.

    Property Features for 3435 Memorial Blvd

    General Information

    Property type
    Land
    Lot Size
    139,392 SF

    HighLights

    • Price: $14.50 per square foot.
    • Zoned Commercial Highway.
    • All utilities available.
    • Owner will consider dividing the parcel.
    • Excellent location: adjacent to Publix, across from Veterans Hospital.
    • High traffic count: approximately 15,291 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.3857587
    Latitude
    35.9138639

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    FAQs

    What type of property is this?
    Land - 3.2 Acres, High Traffic, Prime Location
    Where is this land located?
    The property is located at 3435 Memorial Blvd Murfreesboro, TN.
    What are key features of this property?
    This property features: Price: $14.50 per square foot.; Zoned Commercial Highway.; All utilities available.
    (615) 234-5020
    Request Owner's contact information
    3435 Memorial Blvd Murfreesboro, TN 37129
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    Murfreesboro, TN 37129
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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
    3435 Memorial Blvd Murfreesboro, TN 37129
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