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Property profile

1406 Conference Center Blvd Murfreesboro, TN 37129

OFF-MARKET
Retail properties & Spaces
1.46 ac lot
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Property summary

AI-generated overview

This exceptional 1.46-acre commercial land parcel, located at 1406 Conference Center Blvd in Murfreesboro, Tennessee, presents a remarkable investment opportunity. Priced at $1,908,000 ($30 per square foot), this property boasts a highly desirable location, offering unparalleled visibility from I-24's Medical Center Parkway Exit 76 and the Avenue. Its strategic position within the bustling Medical Center Parkway/the Avenue area makes it ideal for a variety of retail uses. The property is zoned for commercial development, ensuring flexibility for potential buyers. All utilities are readily available, simplifying the development process. The 37129 zip code further enhances its appeal, placing it within a thriving and rapidly growing community. This is a rare chance to acquire a prominent commercial site with significant potential for immediate development and strong long-term returns. The lot size provides ample space for a substantial retail development, catering to the high volume of traffic in this key area of Murfreesboro. Don't miss this opportunity to secure a prime piece of commercial real estate in a high-demand location.

Property profile

Verified
Property type Retail properties & Spaces
Lot 1.46 ac (63,598 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1406 Conference Center Blvd Murfreesboro, TN 37129
Murfreesboro metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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