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    2917 Elam Rd Murfreesboro, TN 37127

    Sponsored
    For Lease
    Contact for pricing

    Prime 11-acre industrial land, Rutherford County.

    Lot size:
    487,872 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 11.20-acre parcel of land in Murfreesboro, Tennessee, presents a unique opportunity for industrial development. Located at 2917 Elam Rd, in Rutherford County, zip code 37127 (35.7904718, -86.371354), this single-tenant property is zoned to allow for full paved coverage, ideal for outdoor storage or trailer parking. The site is designated for industrial use, offering significant potential for various businesses requiring ample space. With a construction completion date projected for the second quarter of 2024, this property provides a clear timeline for development. The expansive acreage allows for significant flexibility in design and layout, catering to a wide range of industrial needs. This is a rare opportunity to acquire a substantial, well-located industrial land parcel in a rapidly growing area. The property's zoning permits complete paving, making it perfectly suited for businesses requiring extensive paved areas for operations. This prime location offers easy access to major transportation routes, enhancing logistical efficiency for any future development. The projected completion date ensures a streamlined path to operational readiness. This is an excellent investment opportunity for those seeking a large, versatile industrial land site in a thriving Tennessee market.

    Property Features for 2917 Elam Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    487,872 SF

    Unit(s) available at that property

    Space
    Size
    487,872 SF

    HighLights

    • 11.2‑acre industrial land parcel in Murfreesboro, TN.
    • Located at 2917 Elam Rd, Rutherford County, 37127.
    • Zoned for full paved coverage, ideal for outdoor storage or trailer parking.
    • Projected construction completion: Q2 2024.
    • Excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Murfreesboro
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.371354
    Latitude
    35.7904718

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    FAQs

    What type of property is this?
    Land - Prime 11-acre industrial land, Rutherford County.
    Where is this land located?
    The property is located at 2917 Elam Rd Murfreesboro, TN.
    What are key features of this property?
    This property features: 11.2-acre industrial land parcel in Murfreesboro, TN.; Located at 2917 Elam Rd, Rutherford County, 37127.; Zoned for full paved coverage, ideal for outdoor storage or trailer parking.
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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
    2917 Elam Rd Murfreesboro, TN 37127
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