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    443 River Rock Blvd Murfreesboro, TN 37128

    Sponsored
    For Sale
    $1,800,000

    2.75 Acres, Income-Producing Billboard

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2.75-acre commercial land parcel in Murfreesboro, Tennessee, presents a lucrative investment opportunity. Located at 443 River Rock Blvd, this property boasts a highly desirable commercial zoning designation, allowing for a wide range of development possibilities. The strategic location offers unparalleled visibility and accessibility, situated conveniently off Interstate 24, ensuring high traffic exposure. A key feature of this property is the existing income-producing billboard, generating immediate revenue potential. The land's size provides ample space for future development or expansion, catering to various business needs. The address is 443 River Rock Blvd, Murfreesboro, TN 37128, within Rutherford County. The property's geographical coordinates are latitude 35.8436944 and longitude -86.4326864. This exceptional location, combined with the existing income stream and significant development potential, makes this a truly unique investment opportunity in a thriving Tennessee market. The asking price for this remarkable property is $1,800,000. Serious inquiries are encouraged to explore the full potential of this prime commercial land.

    Property Features for 443 River Rock Blvd

    General Information

    Property type
    Land
    Lot Size
    119,790 SF

    HighLights

    • $1,800,000 asking price.
    • 2.75‑acre commercial land parcel.
    • Commercially zoned.
    • Income‑producing billboard included.
    • Excellent I‑24 visibility and convenient location in Murfreesboro, TN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.4326864
    Latitude
    35.8436944

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    FAQs

    What type of property is this?
    Land - 2.75 Acres, Income-Producing Billboard
    Where is this land located?
    The property is located at 443 River Rock Blvd Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: $1,800,000 asking price.; 2.75-acre commercial land parcel.; Commercially zoned.
    (615) 377-4747
    Request Owner's contact information
    443 River Rock Blvd 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
    443 River Rock Blvd Murfreesboro, TN 37128
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