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    1733 Cason Ln Murfreesboro, TN 37128

    Sponsored
    For Sale
    $875,000

    1.07 Acres, High Traffic Area, $875,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.07-acre commercial lot, identified as Lot 1 in the Ognios at Foxcroft development, presents a remarkable investment opportunity in Murfreesboro, Tennessee. Situated at 1733 Cason Ln, Murfreesboro, TN 37128 (APN 114 004.08), this flat lot benefits from its prime location. A brand-new extension of Foxcroft Road is currently under construction, enhancing accessibility. All essential utilities, including city sewer, are readily available on-site. The property enjoys exceptional visibility and accessibility, positioned adjacent to significant retail establishments and conveniently close to two Interstate 24 exits. This strategic location places the lot at one of the highest traffic count intersections in West Murfreesboro, boasting a remarkable 19,967 daily vehicles (TDOT 2023 data). The surrounding area is characterized by a high density of single-family and multi-family residential developments, ensuring a robust and growing customer base. This presents a unique chance to capitalize on the area's thriving commercial landscape and strong demographics. The asking price for this exceptional property is $875,000.

    Property Features for 1733 Cason Ln

    General Information

    Property type
    Land
    Lot Size
    46,609 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.445463892198
    Latitude
    35.814794525937

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    FAQs

    What type of property is this?
    Land - 1.07 Acres, High Traffic Area, $875,000
    Where is this land located?
    The property is located at 1733 Cason Ln Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $875,000.
    (615) 278-9800
    Request Owner's contact information
    1733 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
    1733 Cason Ln Murfreesboro, TN 37128
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