0 Cason Ln Murfreesboro, TN 37128
This exceptional 1.2-acre commercial lot, designated as Lot 7 within the Ognios at Foxcroft development in Murfreesboro, Tennessee, presents a compelling investment opportunity. Situated on Cason Lane, Lot 7 boasts a flat topography and benefits from the recently completed extension of Foxcroft Road, enhancing accessibility and visibility. All essential utilities, including city sewer, are readily available on-site. The property's strategic location offers unparalleled connectivity, positioned adjacent to major retail establishments and within close proximity to two Interstate 24 exits. This high-traffic area, boasting a remarkable 19,967 daily vehicle count (TDOT 2023 data) at one of the busiest intersections in West Murfreesboro, ensures significant exposure for any commercial venture. Furthermore, the lot is surrounded by a thriving residential community, comprising high-density single-family and multi-family housing developments, creating a robust customer base. The asking price for this exceptional property is $975,000. The property's APN is 114 004.14, and it is located in Rutherford County, Tennessee, zip code 37128. This prime commercial land parcel offers significant potential for a variety of commercial uses, making it an ideal investment for discerning buyers seeking a high-traffic, well-connected location in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.