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    Cason Ln Murfreesboro, TN 37128

    Sponsored
    For Sale
    $875,000

    1.3-Acre Commercial Lot, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    398
    This 1.3-acre commercial lot, designated as Lot 6 in the Ognios at Foxcroft development in Murfreesboro, Tennessee, presents a unique investment opportunity. Located on Cason Ln, Lot 6 (APN 114 004.00) boasts a flat topography and is ideally situated for immediate development. The property benefits from the recently completed extension of Foxcroft Road, providing excellent accessibility. All essential utilities, including city sewer, are readily available on-site. This strategic location offers unparalleled connectivity, with proximity to major retail centers and convenient access to two Interstate 24 exits. Furthermore, the lot sits at a high-traffic intersection on Murfreesboro's west side, boasting a remarkable 19,967 daily vehicle count (TDOT data, 2023). The surrounding area is characterized by a high density of single-family and multi-family residential developments, creating a robust and growing market for commercial ventures. This prime parcel is priced at $875,000 and offers significant potential for a variety of commercial uses, capitalizing on its exceptional location and infrastructure. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. This is an exceptional opportunity to acquire a highly desirable commercial lot in a rapidly expanding area of Murfreesboro. The zip code is 37128.

    Property Features for 0 Cason Ln

    General Information

    Property type
    Land
    Lot Size
    56,628 SF

    HighLights

    • $875,000 asking price for 1.3‑acre commercial land parcel.
    • Located in Murfreesboro, TN, APN 114 004.00, at Cason Ln, Lot 6, zip code 37128.
    • Flat lot with all utilities available, including city sewer.
    • High‑traffic location near I‑24 exits and major retail, with 19,967 daily traffic count (2023 data).
    • Surrounded by high‑density residential development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.444664827588
    Latitude
    35.819231540308

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    FAQs

    What type of property is this?
    Land - 1.3-Acre Commercial Lot, Prime Location
    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 $875,000.
    What are key features of this property?
    This property features: $875,000 asking price for 1.3-acre commercial land parcel.; Located in Murfreesboro, TN, APN 114 004.00, at Cason Ln, Lot 6, zip code 37128.; Flat lot with all utilities available, including city sewer.
    (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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