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    1706 Lascassas Pike Murfreesboro, TN 37130

    Sponsored
    For Sale
    $400,000

    1-Acre Corner Lot, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1-acre commercial lot presents a remarkable investment opportunity in Murfreesboro, Tennessee. Located at 1706 Lascassas Pike, this property boasts an enviable corner location with significant frontage on two major thoroughfares: 91 feet on Lascassas Pike and 293 feet on Gold Valley Drive, ensuring high visibility and accessibility for any commercial venture. The asking price is $400,000, representing a compelling value of $400,000 per acre. Currently zoned for residential use with potential for commercial rezoning, this versatile parcel offers a range of development possibilities. All utilities are readily available, simplifying the development process and minimizing upfront costs. The property's strategic location within Rutherford County, combined with its substantial size and high visibility, makes it an ideal site for a variety of commercial uses. This is a rare opportunity to acquire a prime piece of land in a thriving Tennessee market, poised for significant growth and return on investment. Don't miss this chance to secure a highly desirable commercial property in a rapidly developing area. The property's address is 1706 Lascassas Pike, Murfreesboro, TN 37130.

    Property Features for 1706 Lascassas Pike

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑acre corner lot in Murfreesboro, TN, priced at $400,000.
    • Currently zoned residential, with potential for commercial rezoning.
    • Features 91 feet of frontage on Lascassas Pike and 293 feet on Gold Valley Drive.
    • All utilities available on‑site.
    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 Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.36100289
    Latitude
    35.86666472

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    FAQs

    What type of property is this?
    Land - 1-Acre Corner Lot, High Visibility
    Where is this land located?
    The property is located at 1706 Lascassas Pike Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 1-acre corner lot in Murfreesboro, TN, priced at $400,000.; Currently zoned residential, with potential for commercial rezoning.; Features 91 feet of frontage on Lascassas Pike and 293 feet on Gold Valley Drive.
    (615) 234-5020
    Request Owner's contact information
    1706 Lascassas Pike Murfreesboro, TN 37130
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    Murfreesboro, TN 37130
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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
    1706 Lascassas Pike Murfreesboro, TN 37130
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