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    Cason Ln Murfreesboro, TN 37128

    For Sale
    $975,000

    1.2-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.2-acre commercial lot, designated as Lot 7 within the Ognios at Foxcroft development in Murfreesboro, Tennessee, presents a compelling investment opportunity. Situated on Cason Lane, Lot 7 boasts a flat topography and benefits from the recently completed extension of Foxcroft Road, enhancing accessibility and visibility. All essential utilities, including city sewer, are readily available on-site. The property's strategic location offers unparalleled connectivity, positioned adjacent to major retail establishments and within close proximity to two Interstate 24 exits. This high-traffic area, boasting a remarkable 19,967 daily vehicle count (TDOT 2023 data) at one of the busiest intersections in West Murfreesboro, ensures significant exposure for any commercial venture. Furthermore, the lot is surrounded by a thriving residential community, comprising high-density single-family and multi-family housing developments, creating a robust customer base. The asking price for this exceptional property is $975,000. The property's APN is 114 004.14, and it is located in Rutherford County, Tennessee, zip code 37128. This prime commercial land parcel offers significant potential for a variety of commercial uses, making it an ideal investment for discerning buyers seeking a high-traffic, well-connected location in a rapidly growing area.

    Property Features for 0 Cason Ln

    General Information

    Property type
    Land
    Lot Size
    52,272 SF

    HighLights

    • $975,000 asking price.
    • 1.2‑acre commercial land parcel.
    • Located in Murfreesboro, TN, APN 114 004.14, on Cason Lane, Lot 7.
    • Excellent location near major retail, I‑24, and a high‑traffic intersection (19,967 daily traffic count).
    • Utilities available, including city sewer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4446092
    Latitude
    35.8192078

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    FAQs

    What type of property is this?
    Land - 1.2-Acre Commercial Lot, Prime Location
    Where is this land located?
    The property is located at Cason Ln Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: $975,000 asking price.; 1.2-acre commercial land parcel.; Located in Murfreesboro, TN, APN 114 004.14, on Cason Lane, Lot 7.
    (615) 278-9800
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    Cason Ln 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
    Cason Ln Murfreesboro, TN 37128
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