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Property profile

0 Old Fort Pkwy Murfreesboro, TN 37129

OFF-MARKET
Land
2.71 ac lot
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Property summary

AI-generated overview

This exceptional 2.71-acre commercial land parcel presents a remarkable investment opportunity in Murfreesboro, Tennessee. Located on Old Fort Parkway, this property boasts a highly desirable location with exceptional visibility and accessibility. The asking price is $1,475,000, translating to $12.50 per square foot. Zoned Commercial Highway, this site is perfectly suited for a variety of commercial developments. Its strategic position offers easy access to Interstate 24 and downtown Murfreesboro, placing it within close proximity to major transportation arteries and the vibrant city center. The property benefits from dual road access, enhancing convenience and operational efficiency. Furthermore, its proximity to Old Fort Park and Golf Course provides a picturesque backdrop, while its location near Stones River Mall and InTown Suites ensures high foot traffic and strong consumer presence. An estimated 28,661 vehicles pass this location daily, providing unparalleled exposure for any commercial venture. This is a rare opportunity to acquire a prime commercial site in a thriving market. The property's size, zoning, and location combine to create a compelling investment proposition with significant potential for future growth and return. Don't miss this chance to secure a piece of Murfreesboro's commercial landscape. The property is situated in Rutherford County, Tennessee, with a zip code of 37129.

Property profile

Verified
Property type Land
Lot 2.71 ac (118,048 SF)

Cap rate & NOI

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

Location

Old Fort Pkwy Murfreesboro, TN 37129
Murfreesboro metro
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Value estimations

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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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