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    1120 Fortress Blvd Murfreesboro, TN 37128

    Sponsored
    For Sale
    $6,299,999

    7.34 Acres, Murfreesboro, TN

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.34-acre commercial land parcel is strategically located at 1120 Fortress Boulevard in Murfreesboro, Tennessee, zip code 37128. Priced at $6,299,999, this property boasts a prime location off Fortress Boulevard near I-24 Exit 76, offering unparalleled access and visibility. The site is zoned for Commercial Highway use and benefits from the presence of all necessary utilities. The seller is willing to subdivide the land to accommodate various development needs. This location enjoys high traffic counts, approximately 44,230 vehicles daily, placing your business in the heart of a thriving commercial area. Proximity to key landmarks such as The Avenue, the Gateway Corridor, and Saint Thomas Rutherford Hospital further enhances its desirability. This presents a unique opportunity for significant commercial development in a high-growth area of Rutherford County. The land is ready for immediate development, offering a rare chance to capitalize on the area's robust economy and strong demographics. Don't miss this chance to acquire a premier commercial property in a highly sought-after location.

    Property Features for 1120 Fortress Blvd

    General Information

    Property type
    Land
    Lot Size
    319,730 SF

    HighLights

    • 7.34‑acre commercial land parcel at 1120 Fortress Boulevard, Murfreesboro, TN 37128.
    • $6,299,999 asking price.
    • Owner will subdivide the land.
    • Commercial Highway zoning.
    • All utilities available.
    • High traffic counts (approx. 44,230 VPD), near The Avenue, Gateway Corridor, and Saint Thomas Rutherford Hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -86.464503112345
    Latitude
    35.86458912787

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    FAQs

    What type of property is this?
    Land - 7.34 Acres, Murfreesboro, TN
    Where is this land located?
    The property is located at 1120 Fortress Blvd Murfreesboro, TN.
    What is the asking price?
    The asking price for this property is $6,299,999.
    What are key features of this property?
    This property features: 7.34-acre commercial land parcel at 1120 Fortress Boulevard, Murfreesboro, TN 37128.; $6,299,999 asking price.; Owner will subdivide the land.
    (615) 234-5020
    Request Owner's contact information
    1120 Fortress 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
    1120 Fortress Blvd Murfreesboro, TN 37128
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