Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Murfreesboro Rd. At Jackson Sq Blvd La Vergne, TN 37086
    Back to Search
    Property profile & analytics

    Murfreesboro Rd. At Jackson Sq Blvd La Vergne, TN 37086

    View on Map
    • Land
    • 7.25 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Murfreesboro Rd. At Jackson Sq Blvd

    Lot size
    7.25 lot acres
    Property type
    Land

    Description

    This exceptional 7.25-acre commercial land parcel presents a remarkable investment opportunity in La Vergne, Tennessee. Strategically located at the intersection of Murfreesboro Road and Jackson Square Boulevard, this property boasts unparalleled visibility and accessibility. Zoned C-4 Commercial, it offers a wide range of development possibilities for businesses seeking a high-traffic location. The site benefits from an estimated daily traffic count of 29,562 vehicles, ensuring significant exposure for any commercial venture. Its proximity to Interstate 24 (Exit 64 at Waldron Road) provides convenient access for commuters and customers. All utilities are readily available, simplifying the development process and minimizing upfront costs. The asking price for this exceptional property is $1,450,000. This prime location in Rutherford County, with its 37086 zip code, presents a unique chance to establish a thriving business in a rapidly growing area. Don't miss this opportunity to acquire a highly visible and strategically located commercial land parcel in a thriving Tennessee market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    La Vergne
    County
    Rutherford
    State
    Tennessee
    Longitude
    -86.5753
    Latitude
    36.0199

    Comparable in this City

    • Value Estimation by Request
      1.80 Acres

      5309 Murfreesboro Rd

      Land • 1 SF
      5309 Murfreesboro Rd, La Vergne, TN 37086
      View Details
    • Value Estimation by Request
      1.00 Acre

      144 Merritt Dr

      COMMERCIAL (GENERAL) • 1.00 Acre
      144 Merritt Dr, La Vergne, TN 37086-3773
      View Details
    • Value Estimation by Request
      1,760 SF

      215 Old Nashville Hwy

      COMMERCIAL (GENERAL) • 1,760 SF
      215 Old Nashville Hwy, La Vergne, TN 37086-2832
      View Details
    • Value Estimation by Request
      1.50 Acres

      Mason Rd

      COMMERCIAL MISC • 1.50 Acres
      Mason Rd, La Vergne, TN 37086
      View Details
    • Value Estimation by Request
      1.25 Acres

      New Paul Rd

      COMMERCIAL (GENERAL) • 1.25 Acres
      New Paul Rd, La Vergne, TN 37086
      View Details
    • Value Estimation
      $795,000
      5,205 SF

      509 Lk Frst Dr

      COMMERCIAL (GENERAL) • 5,205 SF
      509 Lk Frst Dr, La Vergne, TN 37086-5204
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      10 Acres of Divisible Land

      Approximately 10 acres of divisible land for sale.
      151 Jefferson Pike, La Vergne, TN 37086
      View Details
    • $1,450,000

      Murfreesboro Rd. at Jackson Square Blvd, La Vergne, TN 37086

      Land
      Murfreesboro Rd. At Jackson Sq Blvd, La Vergne, TN 37086
      View Details
    • $1,500,000

      Land For Sale

      Land available for purchase.
      142 Stones River Rd, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Commercial Land with Retail Access

      Commercial land with high traffic and retail development potential.
      101 Floyd Mayfield Dr, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Commercial Land Near Supercenter

      Commercial land with highway frontage near retail and airport.
      108 Fergus Rd, La Vergne, TN 37086
      View Details
    • $2,000,000

      Commercial Land on Old Nashville

      Commercial land available on Old Nashville Highway.
      600 Old Nashville Hwy, La Vergne, TN 37086
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7 SF

      Land for Lease with Rail

      Lease up to 7 acres with rail access.
      Ln, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Land For Rent La Vergne

      Land available for rent in La Vergne, Tennessee.
      Murfreesboro Rd, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Land Parcels Available For Lease

      Land parcels available for lease near high-traffic corridor.
      2002 George Buchanan Dr, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Land Parcels in Growing Area

      Available land parcels in high-growth Nashville MSA suburb.
      5317 Murfreesboro Rd, La Vergne, TN 37086
      View Details
    • Contact for pricing

      La Vergne Land for Lease

      Fenced and graveled land available for outdoor storage.
      400 Sandhill Rd, La Vergne, TN 37086
      View Details
    • Contact for pricing

      Fenced Land for Lease

      Land available for lease with trailer parking and equipment laydown.
      1740 Jp Hennessy Dr, La Vergne, TN 37086
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Murfreesboro Rd. At Jackson Sq Blvd
    La Vergne, TN 37086
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Murfreesboro Rd. At Jackson Sq Blvd, La Vergne, TN, 37086
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!