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    Cason Ln Murfreesboro, TN 37128

    Sponsored
    For Sale
    $1,750,000

    1.94 Acres, High Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.94-acre commercial lot, identified as Lot 4 in the Ognios at Foxcroft development in Murfreesboro, Tennessee, presents a remarkable investment opportunity. Located in Rutherford County, with the address of Cason Lane, zip code 37128, this flat lot boasts unparalleled accessibility and visibility. The property's APN is 114 004.12. A brand-new extension of Foxcroft Road is currently under construction, further enhancing connectivity. All essential utilities, including city sewer, are readily available on-site. This prime location offers significant advantages, situated adjacent to major retail establishments and conveniently close to two Interstate 24 exits. The lot benefits from its position at one of the highest traffic count intersections on Murfreesboro's west side, recording an impressive 19,967 vehicles daily (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. The asking price for this exceptional property is $1,750,000. This presents a unique chance to acquire a strategically located commercial lot with exceptional growth potential in a thriving Tennessee market.

    Property Features for 0 Cason Ln

    General Information

    Property type
    Land
    Lot Size
    84,506 SF

    HighLights

    • 1.94‑acre commercial lot in Murfreesboro, TN (Lot 4, Ognios at Foxcroft).
    • Located on Cason Lane, zip code 37128, Rutherford County; APN 114 004.12.
    • High visibility, flat lot with excellent accessibility; new Foxcroft Road extension under construction.
    • All city utilities available; adjacent to major retail and near I‑24.
    • High traffic count intersection (19,967 VPD, TDOT 2023); surrounded by residential development.
    • Asking price: $1,750,000.
    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 - 1.94 Acres, High Traffic Area
    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 $1,750,000.
    What are key features of this property?
    This property features: 1.94-acre commercial lot in Murfreesboro, TN (Lot 4, Ognios at Foxcroft).; Located on Cason Lane, zip code 37128, Rutherford County; APN 114 004.12.; High visibility, flat lot with excellent accessibility; new Foxcroft Road extension under construction.
    (615) 278-9800
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    Cason Ln 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
    Cason Ln Murfreesboro, TN 37128
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